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Young people 'need human capital'

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Is university a worthwhile prospect for young people?

As universities in England prepare for funding cuts for the first time since Labour came to power resulting in 6,000 fewer university places this autumn, students are also faced with higher fees and falling graduate employment.

Geoff Mulgan, director of the Young Foundation, and David Willetts, shadow minister for universities and skills, examine how the worsening state of university finances will effect young people's futures.

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