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The government has said it wants there to be a cap on the number of students who study so-called “rip-off” university degrees.

The limits will be imposed on courses that have high dropout rates or a low proportion of graduates getting a professional job.

Under the measures, the maximum fee that can be charged for classroom-based foundation year courses will also be reduced to £5,760 – down from £9,250.

The plans, announced by Education Secretary Gillian Keegan, are part of the government’s response to the Augar review, established by Theresa May back in 2017.

Among the report’s recommendations – which also included cutting tuition fees and more funding for further education – was an aim to reduce the number of “low value” courses leaving students with poor job prospects.

Under the plans, the Office for Students (OfS) will be asked to limit the number of students universities can recruit to courses that are seen to fail to deliver good outcomes for graduates.

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Students take universities to court

Prime Minister Rishi Sunak said: “The UK is home to some of the best universities in the world and studying for a degree can be immensely rewarding.

“But too many young people are being sold a false dream and end up doing a poor quality course at the taxpayers’ expense that doesn’t offer the prospect of a decent job at the end of it.

“That is why we are taking action to crack down on rip-off university courses, while boosting skills training and apprenticeships provision.

“This will help more young people to choose the path that is right to help them reach their potential and grow our economy.”

What courses could be at risk?

The government is yet to specify what courses it is defining as “low value” and which will have student numbers limited by the Office for Students.

Figures released on 6 July by the longitudinal educational outcomes (LEO) database – which connects education data with employment data – suggested which subjects had the highest and lowest employment rates and salaries in the tax year 2020-2021.

Out of the higher education institutions (HEIs) analysed, first degree graduates in languages and area studies, and creative arts and design, had the lowest median proportions in sustained employment, further study or both.

Meanwhile, graduates in nursing and midwifery, and medicine and dentistry, had the highest median proportions.

Further data from the LEO suggested that five years after graduation from HEIs in the UK, medicine and dentistry had a median graduate earning of £52,900, whereas performing arts stood at £21,200.

These findings echo those recommended by the Augar review, which found that male graduates in creative arts, English and philosophy earn less in comparison to peers who did not complete a degree.

It is important to note that some subjects showed wider variations in earnings – for example, computing had a difference of £61,900 between its highest and lowest earners.

This is likely down to the availability of the labour market, and the use of standardised salaries in some sectors, the LEO reported.

Despite suggestions from the data, education minister Robert Halfon denied that the government’s cap is an attack on arts and humanities courses.

“We’re not saying that particular arts courses are going to have limits,” he said when speaking on Times Radio on Monday.

“It may be that in some universities there are arts courses that are leading to good jobs.

“It’s only courses in universities, whatever those courses may be, that lead to poor outcomes – whether that’s continuation, completion of courses or not getting good, skilled jobs at the end – those courses will be the focus of recruitment limits by the Office for Students.”

Data released back in March 2019 by the Higher Education Statistics Agency revealed the degrees with the highest non-continuation rate among first degree entrants at UK HEIs.

It suggested that the five highest courses for non-continuation rates included:
computer science – 9.8%; business & administrative studies – 7.4%; engineering & technology – 7.2%; mass communications & documentation – 7.2%; and creative arts & design – 7.2%.

In comparison, medicine and dentistry and veterinary science students had the lowest non-continuation rate at 1.5%.

The term non-continuation is defined as a student not having obtained the qualification they were originally aiming for. This does not take course changes into account, or students who leave within the first 50 days of the course commencement.

But opposition MPs said the measures amounted to a “cap on aspiration” that will restrict choice for young people.

Shadow education secretary Bridget Phillipson said the plans were “simply an attack on the aspirations of young people and their families by a government that wants to reinforce the class ceiling, not smash it”.

Read more:
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University bosses to meet after boycott leaves students without grades

Gillian Keegan says that junior doctors are 'not exceptional' in facing inflationary problems
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Gillian Keegan

Munira Wilson, the Liberal Democrats’ education spokesperson, accused the prime minister of being “so out of ideas that he’s dug up a new version of a policy the Conservatives have announced and then unannounced twice over”.

She added: “Universities don’t want this. It’s a cap on aspiration, making it harder for young people from disadvantaged backgrounds to go on to further study.”

But Sir Philip Augar, the former chair of the Post-18 Education and Funding Review, welcomed the policy.

He told Sky News that while the OfS already has the power to issue fines and regulations on universities and courses that underperform, the plan announced today “puts a bit of teeth into it and it means that they can actually restrict the numbers recruited onto those courses”.

He added: “I’m hoping that there’s a kind of a constructive look at this and that it’s a stick that’s out here that never actually has to be used.”

Susan Lapworth, the chief executive of OfS, said: “Students from all backgrounds are entitled to expect high-quality teaching on courses that lead to successful outcomes after graduation.

“We know that many universities and colleges consistently deliver that for their students.

“But where that’s not the case it’s important that the OfS, as the independent regulator of higher education in England, can intervene to protect the interests of students and taxpayers.

“We look forward to continuing our work on these important issues.”

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‘More people should be given this chance’: The probation centres transforming offenders’ lives

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'More people should be given this chance': The probation centres transforming offenders' lives

The combination of full prisons and tight public finances has forced the government to urgently rethink its approach.

Top of the agenda for an overhaul are short sentences, which look set to give way to more community rehabilitation.

The cost argument is clear – prison is expensive. It’s around £60,000 per person per year compared to community sentences at roughly £4,500 a year.

But it’s not just saving money that is driving the change.

Research shows short custodial terms, especially for first-time offenders, can do more harm than good, compounding criminal behaviour rather than acting as a deterrent.

Charlie describes herself as a former "junkie shoplifter"
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Charlie describes herself as a former ‘junkie shoplifter’

This is certainly the case for Charlie, who describes herself as a former “junkie, shoplifter from Leeds” and spoke to Sky News at Preston probation centre.

She was first sent down as a teenager and has been in and out of prison ever since. She says her experience behind bars exacerbated her drug use.

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Charlie in February 2023
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Charlie in February 2023


“In prison, I would never get clean. It’s easy, to be honest, I used to take them in myself,” she says. “I was just in a cycle of getting released, homeless, and going straight back into trap houses, drug houses, and that cycle needs to be broken.”

Eventually, she turned her life around after a court offered her drug treatment at a rehab facility.

She says that after decades of addiction and criminality, one judge’s decision was the turning point.

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“That was the moment that changed my life and I just want more judges to give more people that chance.”

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How to watch Sophy Ridge’s special programme live from Preston Prison

Also at Preston probation centre, but on the other side of the process, is probation officer Bex, who is also sceptical about short sentences.

“They disrupt people’s lives,” she says. “So, people might lose housing because they’ve gone to prison… they come out homeless and may return to drug use and reoffending.”

Read more from Sky News:
Care homes face ban on overseas recruitment
Woman reveals impact of little-known disorder

Charlie with Becks at the probation centre in Preston 
grab from Liz Bates VT for use in correspondent piece
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Bex works with offenders to turn their lives around

Bex has seen first-hand the value of alternative routes out of crime.

“A lot of the people we work with have had really disjointed lives. It takes a long time for them to trust someone, and there’s some really brilliant work that goes on every single day here that changes lives.”

It’s people like Bex and Charlie, and places like Preston probation centre, that are at the heart of the government’s change in direction.

:: Watch special programme on prisons on Politics Hub with Sophy Ridge at 7pm

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Inside the UK’s broken prison system where tinkering around the edges will no longer work

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Inside the UK's broken prison system where tinkering around the edges will no longer work

“As far as I’m concerned, there’s only three ways to spend the taxpayers’ hard-earned when it comes to prisons. More walls, more bars and more guards.”

Prison reform is one of the hardest sells in government.

Hospitals, schools, defence – these are all things you would put on an election leaflet.

Even the less glamorous end of the spectrum – potholes and bin collections – are vote winners.

But prisons? Let’s face it, the governor’s quote from the Shawshank Redemption reflects public polling pretty accurately.

Right now, however, reform is unavoidable because the system is at breaking point.

It’s a phrase that is frequently used so carelessly that it’s been diluted into cliche. But in this instance, it is absolutely correct.

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Without some kind of intervention, the prison system is at breaking point.

It will break.

Inside Preston Prison

Ahead of the government’s Sentencing Review, expected to recommend more non-custodial sentences, I’ve been talking to staff and inmates at Preston Prison, a Category B men’s prison originally built in 1790.

Overcrowding is at 156% here, according to the Howard League.

Sophy Ridge talking outside Preston Prison
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Sophy Ridge talking outside Preston Prison

One prisoner I interviewed, in for burglary, was, until a few hours before, sharing his cell with his son.

It was his son’s first time in jail – but not his. He had been out of prison since he was a teenager. More than 30 years – in and out of prison.

His family didn’t like it, he said, and now he has, in his own words, dragged his son into it.

Sophie is a prison officer and one of those people who would be utterly brilliant doing absolutely anything, and is exactly the kind of person we should all want working in prisons.

She said the worst thing about the job is seeing young men, at 18, 19, in jail for the first time. Shellshocked. Mental health all over the place. Scared.

And then seeing them again a couple of years later.

And then again.

The same faces. The officers get to know them after a while, which in a way is nice but also terrible.

Sophy Ridge talking to one of the officers who works within Preston Prison
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Sophy Ridge talking to one of the officers who works within Preston Prison

The £18bn spectre of reoffending

We know the stats about reoffending, but it floored me how the system is failing. It’s the same people. Again and again.

The Sentencing Review, which we’re just days away from, will almost certainly recommend fewer people go to prison, introducing more non-custodial or community sentencing and scrapping short sentences that don’t rehabilitate but instead just start people off on the reoffending merry-go-round, like some kind of sick ride.

But they’ll do it on the grounds of cost (reoffending costs £18bn a year, a prison place costs £60,000 a year, community sentences around £4,500 per person).

They’ll do it because prisons are full (one of Keir Starmer’s first acts was being forced to let prisoners out early because there was no space).

If the government wants to be brave, however, it should do it on the grounds of reform, because prison is not working and because there must be a better way.

Inside Preston Prison, Sky News saw firsthand a system truly at breaking point - picture of a prison officer's back with HMP Preston written on it.
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Inside Preston Prison, Sky News saw first-hand a system truly at breaking point

A cold, hard look

I’ve visited prisons before, as part of my job, but this was different.

Before it felt like a PR exercise, I was taken to one room in a pristine modern prison where prisoners were learning rehabilitation skills.

This time, I felt like I really got under the skin of Preston Prison.

It’s important to say that this is a good prison, run by a thoughtful governor with staff that truly care.

But it’s still bloody hard.

“You have to be able to switch off,” one officer told me, “Because the things you see….”

Staff are stretched and many are inexperienced because of high turnover.

After a while, I understood something that had been nagging me. Why have I been given this access? Why are people being so open with me? This isn’t what usually happens with prisons and journalists.

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Probation centres answer to UK crime?

That’s when I understood.

They want people to know. They want people to know that yes, they do an incredible job and prisons aren’t perfect, but they’re not as bad as you think.

But that’s despite the government, not because of it.

Sometimes the worst thing you can do on limited resources is to work so hard you push yourself to the brink, so the system itself doesn’t break, because then people think ‘well maybe we can continue like this after all… maybe it’s okay’.

But things aren’t okay. When people say the system is at breaking point – this time it isn’t a cliche.

They really mean it.

:: Watch special programme on prisons on Politics Hub with Sophy Ridge at 7pm

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Crypto custodian BitGo secures MiCA license in Germany

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Crypto custodian BitGo secures MiCA license in Germany

Crypto custodian BitGo secures MiCA license in Germany

Goldman Sachs-backed cryptocurrency custody firm BitGo is the latest cryptocurrency company to secure regulatory approval to operate across the European Union.

Germany’s financial regulator, the Federal Financial Supervisory Authority (BaFin), granted BitGo Europe a Markets in Crypto-Assets Regulation (MiCA) license to provide digital asset services in the EU, the firm announced on May 12.

The license allows BitGo to offer services to crypto-native firms and traditional finance institutions, including banks and asset managers within the EU.

Crypto custodian BitGo secures MiCA license in Germany
Source: BitGo

“This license underscores our commitment to the highest standards of security, transparency, and trust,” BitGo Europe managing director Harald Patt said.

BitGo set up the EU headquarters in 2023

Founded in 2013 in Palo Alto, California, BitGo is a major platform in the cryptocurrency industry specializing in crypto custodial services, holding cryptocurrencies like Bitcoin (BTC) on behalf of its clients. 

BitGo’s latest regulatory milestone in Europe follows efforts to increase its presence in the EU, including establishing local headquarters in Frankfurt in 2023.

Since setting up BitGo Europe in Germany, BitGo has received multiple registrations in EU states, including Italy, Spain, Poland and Greece.

“With the MiCA license now secured, BitGo can operate across the entire EU under a unified, forward-looking regulatory framework,” the firm said in the announcement.

“Broad range of institutional-grade solutions”

BitGo did not specify the services it intends to roll out immediately under the new MiCA license.

“BitGo’s MiCA licence comes at a pivotal moment as BitGo expands its product suite to offer a broad range of institutional-grade digital asset solutions,” the announcement added.

Related: Tether CEO defends decision to skip MiCA registration for USDT

As of May 12, BaFin’s official records did not yet reflect BitGo’s MiCA license, showing only earlier registrations.

Crypto custodian BitGo secures MiCA license in Germany
BaFin data on BitGo’s registrations in Germany as of May 12, 2025, 8:30 am UTC. Source: BaFin

Cointelegraph approached BitGo for additional details on its MiCA license but did not receive a response by the time of publication.

As previously mentioned, Germany has emerged as a major jurisdiction for European businesses seeking MiCA registration, with BaFin issuing licenses to several companies, including Bitpanda and Boerse Stuttgart Digital Custody, in 2025.

Magazine: Crypto wanted to overthrow banks, now it’s becoming them in stablecoin fight

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