Best apprentices earn more than university graduates

Young people who complete an elite apprenticeship are likely to earn more over their lifetimes than most graduates, research has suggested.

School-leavers who take the best apprenticeships should earn about £1.4 million during their working lives, it calculated. This was £51,870 more than the projected lifetime earnings of a graduate from a non-Russell Group university. The figures, based on modelling by Boston Consulting Group using assumptions about future earnings power, were produced for a report for the Sutton Trust, the education charity.

It called on the government and business to create more elite apprenticeships and to do more to raise awareness of them, especially among teachers and careers advisers.

Read his full report here (£)