He essence of graduate teaching will change with this new structure even if we want to think it won't. More overseas students is what all univ are pushing for recruitment. More english language support. Very little learning differences support - ie dyslexia, dyspraxia, mental health...
If we run univ like businesses and calculate efficiencies through pass and attendance rates you inevitable let go of quality of high value teaching content. I can teach you facts, but not how to think/analyse.
Guess I am just a jaded academic - started my career teaching a group of 38 'switched on' post grads and 46 undergrads. And now I manage a single undergrad module with a class of 248 people - do I know their names - nope. Do I think they are good - some but not all. Can I push them to work harder - nope not allowed. Am I to spoon feed them as dumb down curriculum so they can pass and be a 'good' statistic- oh yes!
Sorry this is turning into a rant and it is happening in post 92univs as well as the Russell Group type places too. The essence of a university education has changed. And it is fair to worry. My child is too little for me to worry now. And I watch the education sector closely across the world.
But fwiw when such downturns happen parents are known to push their kids into professional qualifications of sure shot jobs - dr, nurse, lawyer, engineer, teacher etc. areas where there will always be a demand for professionals anywhere you go in the world. This makes these courses harder to get into and longer years of study and apprenticeship - but job is guaranteed, if not in Uk, elsewhere.
I remember a really old granny of my asking my 23ye old consultant banking investor cousin who was minting it - 'yes yes consultancy - but what does your factory make?' it goes and comes back around...fancy jobs and fancy money will be hard to make..bog standard careers always stay around are in demand.
Sorry for the long post
in hospital and wide awake!