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Oxbridge degrees add £7600 to starting salary
18 December 2014
Graeme Paton on our research showing higher earnings for Oxbridge graduates.
An Oxbridge education adds the equivalent of £7,600 to graduate starting salaries, figure show, amid claims that degrees from low-ranking universities may no longer be worth the money.
Research shows the average student leaving Oxford and Cambridge will earn £25,600 after six months compared with £18,000 for those graduating from former polytechnics.
The study – by the Sutton Trust – insisted adults with a degree were paid higher than the rest of the British workforce, with a typical graduate “premium” of 28 per cent for men and just over 50 per cent for women.
But the social mobility charity warned that “not all degrees are created equal”, pointing to substantial differences between universities and subjects.
Read his full report here.
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