A major review has been launched which could see colleges brought back in to the public sector.
The Office for National Statistics (ONS) has today announced that further education colleges, sixth form college corporations and designated institutions are to be assessed and possibly reclassified.
The ONS is run by Sir Ian Diamond, the UK’s national statistician, who also chaired the Independent Commission on the College of the Future. The stats body carries out regular reviews of parts of the economy to decide how they should be accounted for in the national accounts.
Currently, colleges are classified as part of the private sector, a decision the OfS took in 2012.
