Department for Education written question – answered at on 11 December 2017.
To ask Her Majesty's Government, in respect of the duty of the Chief Executive of the Higher Education Funding Council for England to safeguard the efficient use of public funds, what assessment they have made of the value for money of salaries paid to vice-chancellors.
The government is determined to ensure that students and taxpayers can be confident that they get a good deal from higher education (HE).
Over recent years, the government has become increasingly concerned about the level of remuneration for senior staff in the HE sector. It has asked the Higher Education Funding Council for England to look at this issue using its regulatory powers, which has resulted in updated guidance to the sector on senior pay and greater transparency in relation to vice-chancellor salaries.
Holding universities to account for value for money has been a key objective of the HE reforms, enacted in the Higher Education and Research Act, and it continues to guide the government’s work as the Office for Students (OfS) is launched.
The OfS has a statutory duty to promote value for money in the sector. The government will ask the OfS to use its powers to take action to protect value for money for students and taxpayers in the future.
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