§ Mr. Deakinsasked the Paymaster General what information he has available to him about the value of postgraduate qualifications in terms of additional earnings for those holding such qualifications.
§ Mr. LangThere is very little information available on the salaries of people with postgraduate qualifications. A number of professional institutes in science and technology carry out salary surveys of their members which include a question on postgraduate qualifications. The numbers involved are small and cannot be used to draw general conclusions about the returns to postgraduate qualifications even in the disciplines concerned. The surveys show that professional institute members with master's degrees earn salaries similar to those of their colleagues with first degrees. Members with doctorates tend to earn between 10 per cent. and 40 per cent. more than those in the same age groups with first degrees. The differences are greater for members of the Institute of Biology and the Institutions of Civil Engineers and least for members of the Royal Society of Chemistry and the Institution of Geologists.