> ## Content Index > Fetch the complete content index at: https://newsletters.qs.com/llms.txt > Use this file to discover other available public pages before exploring further. # ๐ŸŽ“ England's Higher Ed Spend Down 20%. +85% US Medicine Expenditure. Rising GenAI Use in Workplaces. - URL: https://newsletters.qs.com/englands-higher-ed-spend-down-20-85-us-medicine-expenditure-rising-genai-use-in-workplaces/ - Published: 2025-05-29T11:30:15.000Z - Updated: 2025-05-29T11:30:14.000Z - Description: Chart of the Day #355 Looks at Englandโ€™s Higher Education Expenditure, Gen AI Usage in Workplaces, and US Medicine Expenditure - Author: QS [**Yia sas**](https://en.wikipedia.org/wiki/Greek%5Flanguage?ref=newsletters.qs.com#:~:text=In%20its%20modern%20form%2C%20Greek,countries%20of%20the%20Greek%20diaspora.) **๐Ÿ›๏ธ** Vietnam to invest in[ 11 schools](https://www.kimt.com/news/health/iowas-healthcare-workforce-strengthened-by-2-94m-in-new-grants/article%5Ffe00572e-6557-4c28-bb97-c79c36085b22.html?ref=newsletters.qs.com) for the nuclear energy workforce. Iowa's healthcare workforce strengthened by [$2.94M in new grants](https://www.kimt.com/news/health/iowas-healthcare-workforce-strengthened-by-2-94m-in-new-grants/article%5Ffe00572e-6557-4c28-bb97-c79c36085b22.html?ref=newsletters.qs.com). The Forwardskilling initiative helps [small and medium manufacturers](https://www.ourquadcities.com/business/press-releases/ein-presswire/816878757/forwardskilling%E2%84%A0-initiative-applies-an-innovative-playbook-to-help-small-medium-sized-manufacturers-upskill-workforce/?ref=newsletters.qs.com) upskill their workforces via an innovative approach. ZeroAvia to establish a UK hub for HTPEM fuel cells. Pearson's Connections Academy partners with SkillsUSA to expand [career readiness](https://www.stocktitan.net/news/PSO/pearson-s-connections-academy-teams-up-with-skills-usa-to-boost-1mybzn2fmy21.html?ref=newsletters.qs.com) certifications. SAP launches a free Learning Hub for university students and professors, providing [virtual courses and certification](https://learning.sap.com/free-student-edition?ref=newsletters.qs.com) opportunities. Malaysia offers 65,000 free courses in AI, digital, and green tech to [5M](https://productnation.co/my/30688/malaysia-national-training-week-free-skills-courses/?ref=newsletters.qs.com) ASEAN citizens. ### Today's Topics ๐ŸŽ“ **Higher Education.** 20% drop in England's higher education expenditure โš•๏ธ **Healthcare.** \>85% growth in US medicine expenditure **๐Ÿค– Artificial Intelligence.** \>90% of Chinese and Indian knowledge workers use GenAI Thanks for reading! **Not a subscriber yet?** [Subscribe Now](https://newsletters.qs.com/#/portal/) --- ## ๐ŸŽ“ 20% Drop in England's Higher Education Expenditure [![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2025/05/HolonIQ_Expenditure_of_higher_education_providers_in_England_by_academic_year_2014_2023_Billions_GBP_HCHKJ5XYXMBVHYB4XP70--1-.png)](https://index.holoniq.com/charts/HCHKJ5XYXMBVHYB4XP70?ref=newsletters.qs.com) After peaking at ยฃ44.4B in 2021, UK university expenditure dropped to ยฃ36.7 billion by 2023\. This decline reflects a [deepening financial crisis](https://www.independent.co.uk/news/uk/home-news/nick-hillman-government-universities-uk-office-for-students-conservative-b2749271.html?ref=newsletters.qs.com), with sector-wide income falling for a third consecutive year. Faced with a long-term freeze on domestic tuition fees, [universities are now increasingly reliant on higher fees](https://www.universitiesuk.ac.uk/latest/insights-and-analysis/tuition-fee-rise-what-does-it-mean?ref=newsletters.qs.com), particularly from international students, to address funding shortfalls. Sector bodies like Universities UK and [Russell Group continue to press the government](https://www.russellgroup.ac.uk/news/universities-issue-joint-call-government-action-support-secure-future-he?ref=newsletters.qs.com) for a sustainable funding policy to resolve the crisis ## โš•๏ธ >85% Growth in US Medicine Expenditure [![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2025/05/HolonIQ_Annual_expenditure_on_medicine_in_the_US_2002_2023_Billions_USD_HCHAZD2A7V531AXRTVVD--2-.png)](https://index.holoniq.com/charts/HCHAZD2A7V531AXRTVVD?ref=newsletters.qs.com) Total US spending on medicines surged to $576B in 2023, following a peak of $603B in 2022\. This long-term growth reflects rising prescription drug costs, which have driven US per capita spending far above other nations; in 2021, the[ US spent $691 more per person than comparable countries.](https://www.healthsystemtracker.org/brief/what-drives-health-spending-in-the-u-s-compared-to-other-countries/?ref=newsletters.qs.com#:~:text=In%202021%2C%20the%20U.S.%20spent%20%241%2C635%20per%20capita%20on%20prescription,difference%20of%20%24691%20per%20person.) To address this, the White House announced an initiative to implement a [Most-Favored-Nation pricing model,](https://www.whitehouse.gov/presidential-actions/2025/05/delivering-most-favored-nation-prescription-drug-pricing-to-american-patients/?ref=newsletters.qs.com) aiming to lower drug costs for Americans by aligning them with international prices. ## ๐Ÿค– >90% of Chinese and Indian Knowledge Workers Use GenAI [![](https://storage.ghost.io/c/f1/d4/f1d411df-6f49-4c75-a302-f8c9e9f59495/content/images/2025/05/HolonIQ_Share_of_knowledge_workers_in_select_countries_using_Generative_AI_at_work_2024_HCHRBHCSFB92XKCS0K3Y--2-.png)](https://index.holoniq.com/charts/HCHRBHCSFB92XKCS0K3Y?ref=newsletters.qs.com) In 2024, generative AI usage among knowledge workers is highest in India (92%) and China (91%), outpacing the US (71%) and UK (69%). This [high adoption rate underscores a global push for workforce optimization,](https://www.cio.com/article/3966870/how-it-leaders-use-agentic-ai-for-business-workflows.html?ref=newsletters.qs.com)sparking concerns over job displacement. This trend is visible in corporate policies, with some companies even[ requiring proof that AI cannot perform that task before approving new hires.](https://www.cnbc.com/2025/04/07/shopify-ceo-prove-ai-cant-do-jobs-before-asking-for-more-headcount.html?ref=newsletters.qs.com) [Developments in Agentic AI by companies](https://nationaltechnology.co.uk/Google%5FAnnounces%5FNew%5FAgentic%5FAI%5FShopping%5FExperience.php?ref=newsletters.qs.com) promise to further accelerate this shift by automating complex workflows. --- **Like getting this newsletter?* Request a demo for unlimited access to over one million charts* [Request a Demo](https://webforms.pipedrive.com/f/1uMbIPRqUeVuZ31jVtKWMWIuqU2ga1nKo8aotNdGihU16zgOzuTfRMb9XfIIGmcOT?ref=newsletters.qs.com) --- **Thank you for reading. Have a great week ahead!** Have some feedback or want to sponsor this newsletter? Let us know at hello@holoniq.com