Graduates gain £3,000 more a year with degrees

Graduates gain £3,000 more a year with degrees A new survey has revealed that university degrees contribute to premiums of under £3,000 a year or more in graduate jobs, but some believe this figure means that they are not worth the money spent on them.

Male graduates with middling or poor degrees in arts or humanities subjects receive the lowest earnings premium, at £2,800 more a year than those who leave school after A-levels, according to research from Warwick University.

But many of those students also spend £3,000 a year on tuition fees, which university vice-chancellors have called to be increased to £5,000.

Some ministers have even suggested that students should pay £20,000 a year for the privilege of a university education.

Earnings premiums rise depending on university, course and degree result, with good degrees in social sciences such as law and economics gaining the highest premiums.

The National Union of Students recently proposed a graduate taxation on tuition fees to be paid after people have left university in favour of an increase for students.

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