Written question asked by Lord Willetts (Conservative) on Monday, 3 December 2007, in the House of Commons. It was due for an answer on Wednesday, 5 December 2007. It was answered by Lord Knight of Weymouth (Labour) on Monday, 10 December 2007 on behalf of the Department for Children, Schools and Families.
School Leaving
- Question
- To ask the Secretary of State for Innovation, Universities and Skills what the basis was for his calculation that the economic benefits of increasing the compulsory education age to 18 years was £2.4 billion per birth cohort; and if he will place in the Library the documentary sources used to make the calculation.
- Answer
-
I have been asked to reply.The basis of the estimate of economic benefits of raising the participation age (RPA) is new joint research by Sheffield university and DCSF. The research's central estimate of the additional benefits of RPA is around £2.4 billion for a single cohort of young people discounted over their lifetimes. This research was published alongside the introduction of the Education and Skills Bill to the House on 29 November. This estimate was derived in three stages:"1. Modelling how many additional young people participate in full-time education as a result of RPA;""2. Modelling the attainment of these additional participants; and ""3. Estimating the value of lifetime productivity gains from more young people having attained these extra qualifications."For further details of the methodology and data sources used to estimate the economic benefits of RPA (and the magnitude of the benefits under alternative scenarios), the full report is accessible at:"http://www.dfes.gov.uk/research/data/uploadfiles/DCSF-RW026.pdf."The research will also be placed in the House of Commons Library.
Secondary information
- Type
- Written question
- Reference
- 469 c67-8W; 171859
- Session
- 2007-08
- Related items
- Subjects
- School leaving
- Link
- View this Written question on www.publications.parliament.uk
Librarians' tools
- Timestamp
- 2022-06-07 11:57:08 +0100
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