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State 'gains ten times what it pays for students'

9 June 2012 Last updated at 09:26 BST

UK graduates contribute to the economy almost 10 times what it costs the state to educate them to degree level, research suggests.

An IPPR think tank and UCU academics union report suggests graduates bring in £180,000 more than those with A-levels over their working life.

An average degree costs the state just under £18,800 per student.

It warns that reforms leading to fewer graduates will limit the UK's ability to compete globally.

Gillian Hargreaves reports.