Studying for a degree is a significant commitment in terms of time, money and energy. But research shows that it’s a sound investment — UK graduates are not only more employable than non-graduates, they’re also able to earn significantly more over the course of their working lives.
Enjoy higher wages
According to a Department for Education report*, working age (aged 16-64) graduates in 2016 earned on average £9,500 more than non-graduates, while postgraduates earned on average £6,000 more than graduates. While these gaps were narrower for the young (aged 21-30) population — on average, graduates earned £6,000 more than non-graduates, and postgraduates earned £4,000 more than graduates — the financial benefits of a degree are still significant.
Enhance your job prospects
As well as commanding higher wages, graduates and postgraduates have lower unemployment rates and lower inactivity rates in the labour market than non-graduates. For example, in 2016, 87.3% of UK graduates were employed, as opposed to 70.4% of non-graduates.
What our students say about earning more…
BSc (Hons) Events and Entertainment Management (Accelerated)
“I have a strong passion for events and wanted to get into the industry as soon as I could. In less than a year since graduating I’m already earning 35% more than before my studies!”
*Source: “Graduate labour market statistics 2016”, Department for Education, April 2017.