§ Mr. WillisTo ask the Secretary of State for Education and Skills what estimate he has made of the average lifetime earnings of graduates, broken down by degree subject. [102533]
§ Margaret HodgeThe White Paper, "The Future of Higher Education", highlighted how the financial returns to a degree vary by degree subject. No specific estimates have been made of the average lifetime earnings of graduates broken down by subject. Higher education is a good investment. The White Paper, "The Future of Higher Education", highlighted how those with higher education qualifications earn on average around 50 per cent. more than non-graduates. There will inevitably be some individual variation in lifetime returns because graduate earnings are influenced by a number of factors, including the subject studied, institution attended, occupational choices and other personal characteristics and demographic factors.