Report finds university graduates earn 37% more by age 31, supporting case for higher education.

A report by Mr. Willetts highlights that, despite stagnant real earnings, university graduates earn significantly more than non-graduates, with a 37% higher salary by age 31. He argues that a degree is crucial for social mobility and economic growth, countering skepticism about the value of higher education. Despite criticisms that degrees might devalue due to oversaturation, the report suggests that university remains a powerful driver of earnings and life chances, proposing that degree apprenticeships should be funded through loans.

2 months ago
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