Graduate premium is nearer £200,000, says new report

By David Matthews. A new government-commissioned study says a degree will earn graduates an extra £252,000 over their lifetime for women and £168,000 for men.
It comes amid debate over the value of a degree following the rise in tuition fees in the last academic year. The estimate is substantially higher than the £100,000 graduate premium calculated in 2002 by the Department for Education, which has been repeatedly cited by universities and politicians since. The Impact of University Degrees on the Lifecycle of Earnings: Some Further Analysis, released today, argues that men with a degree earn 28 per cent more than those without one, while for women the differential is 53 per cent. More...