Education and skills

Cost-benefit analysis of education reforms: A rapid evidence assessment — Welsh Government

The Welsh Government commissioned Alma Economics to evaluate the potential benefits of proposed reforms in the regulation of post-compulsory education and training in the country.

Our team carried out a Rapid Evidence Assessment (REA), reviewing evidence from a range of sources, including academic literature and government publications. We gathered evidence on the benefits of similar reforms in the rest of the UK and overseas, as well as the impact of similar reforms in the broader field of education. We also interviewed key organisations in the sector, gathering their views on the potential costs, benefits, and challenges of the proposed bill.

The review provided a thorough assessment of the evidence on the expected benefits of the reforms, informing Welsh Government consultations on the Tertiary Education and Research Bill.

➥ Our REA was published as part of the Regulatory Impact Assessment of the Bill and can be found here.