United Kingdom (UK) school education spending has fallen to the worst they have ever been since the 1970s. This is because of the many cuts that have been implemented over the past few years. The data shows that spending has decreased compared to the levels that had been achieved in 2010.
The IFS (Institute for Fiscal Studies) could show that the hardest hit demographics of students were the adults, skills acquisition by young people and further education.
The report was done by the Institute for Fiscal Studies (IFS) which continues by saying that the proposed increase in the funding will not address the dire situation of the education sector. The report notes that the proposed funding will barely repair the austerity measures effects that have been in effect since 2010.
The government’s goal is to increase the spending to £4.3bn extra a year by 2022. IFS, however, thinks this fund increase is barely enough to correct the 8% cut per year since 2009.
Classroom-based adult education spending hardest hit
The IFS also could show that the hardest hit demographics of students were the adults, skills acquisition by young people and further education. It showed that since the 2009/10 financial year, classroom-based adult education has been defunded by a third. This apprenticeship education has always formed the backbone of the UK education system.
The report paid close attention to sixth form funding to show how this defunding has affected the institutions. The report showed the sixth form was hit hard by these cuts over the last 10 years. It also calculated that should the proposed funding for next year be implemented, it will leave them with around 7% less in spending power than they had in 2010.
Even with these increases, the projections in the report shows us that in 2022-23, school spending per pupil would be the same as it was 13 years prior. Although this would have offset the current underspending, it shows that no progress will have been made. This, however, is the right step which will help in advancing the education system.