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Graduates will 'thrive and prosper' thanks to their degrees
Published:
Monday, 11 April 2011
Category:
All Graduate job news
University-leavers looking for graduate opportunities will find that their degree will help them 'until the end of their working lives', according to the Higher Education Careers Services Unit (HECSU).
Charlie Ball, deputy director of research at the organisation, said graduates would see themselves "thriving and prospering" at some stage, even if this effect is not immediate.
He said that in the last recession, university-leavers initially found that graduate opportunities were relatively sparse, but eventually found employment.
"It will be the same for graduates leaving university now," he explained. "A degree will be a qualification that will last [current graduates] until the end of their working lives."
According to the recent figures from the Office for National Statistics (ONS), people with degrees earned an average of £12,000 a year more than non-graduates over the past decade.
This is the case despite both demographics entering the employment market on roughly the same pay - £15,000.
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