How do graduate and non-graduate salaries compare?
According to a study from the Department for Innovation, Universities and Skills (DIUS) referring to the situation in England, in 2007, the difference in gross hourly earnings (full-time workers) between graduates and those educated to A-level or equivalent remained high at 47%. For more information, go to Statistical First Releases, SFR01/2008 (28 February 2008). The Research Report: The economic benefits of a degree published by Universities UK in February 2007, reports the average lifetime earnings of a graduate as £160,000 more than those of a non-graduate with two A-levels. Within this average there is a range from £340,315 for medical and dental graduates to £51,549 for a humanities degree and £34,949 for an arts degree. In general men from lower socio-economic backgrounds and families with low incomes had proportionately higher income uplifts than men from higher socio-economic backgrounds and higher income families. Women from all backgrounds had a higher proportionate uplift i