HC Deb 28 November 2002 vol 395 c394W
33. Ross Cranston

To 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 Hodge

We 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.