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'Government's 50% graduate target should be scrapped'
Wednesday, 10 March 2010
Banking and Finance
Recent university leavers looking for graduate jobs in banking and finance may be interested to hear that there is growing momentum against the government's target of getting 50 per cent of people under 30 into higher education.
The Association of Graduate Recruiters (AGR) has rallied against the government's target, claiming that it has devalued the currency of a degree and damaged the quality of the university experience.
It believes that graduates and degree-takers should be given better information by universities about the value of their degree courses and the likelihood of finding employment afterwards.
In terms of employment it has called for more work experience for students before and during university and tax breaks for employers of new graduates.
Carl Gilleard, the AGR's chief executive, said: "This package of measures is the best way to drive up standards in higher education, provide better return on investment for students and parents and ensure the UK remains competitive in a global knowledge economy."
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