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'Opportunities come at a cost in FE, too'

The further education sector is suffering a funding squeeze but we should not lose sight of the aim of creating a system that works for all learners

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In my two years of studying economics at university, only one concept stuck. Much of what was discussed in those lecturers went over my head. My most lasting memory from that time is the beautiful sea view from the tutorial room.

But the idea of an “opportunity cost” – the cost of doing something and therefore inevitably not doing something else – is the one thing I not only remember, but also use frequently in all sorts of life situations. In FE – and in education more generally – we don’t spend enough time thinking about what the alternative would look like. In other words, what other way is ...

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