<< back to previous page
UK graduates have strong earning potential
Wednesday, 19 September 2007
Life after graduation
Domestic graduates have the potential to command much higher salaries than their non-graduate counterparts, a new study has shown.
The figures, from an Organisation for Economic Co-operation and Development report called Education At a Glance, reveals that graduates from the last decade earn 77 per cent more on average than non-graduates from the same period.
In addition, the report suggests that the increase in graduates has facilitated more employment and, in turn, created more opportunities for non-graduates.
Steve Sinnott, of the National Union of Teachers, told the BBC: "The report rebuts the corrosive messages, from those determined to limit the numbers of youngsters going to university, that university expansion has led to a watering down in the value of qualifications."
He added: "Raising the staying-on rate to 18 and expanding the number of university places is good for the country and good for young people.
"The next step is to remove the barriers that prevent young people from socially deprived backgrounds from staying on in education after 16."