Graduates
who studied for an arts degree could be financially better off if they’d quit
full-time education after their A-Levels, new research indicates.
A
study of around 20,000 people found that arts graduates could be anywhere
between two and 10 per cent financially worse off than those who went into work
with two A-levels.
The
study by researchers at Warwick and York Universities seems to be at odds with
the Government’s claims that graduates earn an average premium of £400,000
during their lifetime.
However,
the recent findings do show that, on average, graduates will earn £220,000 more
than someone leaving school aged 18 with just A-levels.
Apart
from arts graduates, only males with education degrees were worse off
financially than people with just A-levels.
Law
graduates get the best return from a degree course, earning on average 30 per
cent more than others.
