Students-as-insurers: rethinking decisions, uncertainty and risk for disadvantaged young people considering higher education
- Neil Harrison, University of Oxford
The conventional view has been that progression to HE is a risky pathway for disadvantaged young people in England, both financially and socially. However, even as the costs of HE have increased and the returns have become more questionable, demand from disadvantaged young people has counterintuitively risen. The nature of the youth labour market has changed, with greater precarity even as more jobs have become ‘graduate’, while a modest diversification of HE has made it appear somewhat more inclusive. This talk will argue that disadvantaged students increasingly view HE as a form of insurance rather than investment, with the risks of early entry into the labour market rising faster.