Private spending on tertiary education in the UK is expected to increase steadily over the next five years. Starting from a value of 82.41 in 2024, it is forecasted to grow to 88.72 by 2028. This reflects a consistent year-on-year growth trend of approximately 2%.
In comparison to the previous two years, the year-on-year variation indicates a stable upward trajectory.
Considering a longer-term perspective, the Compound Annual Growth Rate (CAGR) over the next five years is anticipated to be around 1.8%, indicating a steady rise in private spending on tertiary education in the UK.
Future trends to watch for include potential policy changes in educational funding, inflation rates affecting education costs, and the growing role of technology in reducing or potentially increasing education expenses.
