§ 33. Ross CranstonTo ask the Secretary of State for Education and Skills what recent estimate he has made of the average lifetime earnings of(a) graduates and (b) non-graduates. [81999]
§ Margaret HodgeWe estimate that the average lifetime earnings of a graduate with a first degree are just over £1 million.
This is based on current labour market conditions, using data from the Labour Force Survey.
The estimated average for the working population as a whole is around £675,000, and it would be significantly lower than this for non-graduates.