UK
graduates get the best return on their investment in a university education,
according to a new report.
The
study by the Organisation for Economic Co-operation and Development looked at
the lifetime rate of return on the cost of taking a degree around the world.
UK
students have an annual return of 17 per cent compared to 10-15 per cent in
Denmark, France, The Netherlands, Sweden and the US, and 7 per cent in Italy
and Japan.
But
the report also finds that the UK’s secondary schools have fallen behind the
standards of most of its global rivals.
Sign up to our weekly round-up of HR news and guidance
Receive the Personnel Today Direct e-newsletter every Wednesday
The
study suggests that this dichotomy is creating a two-tier jobs market between
the highly skilled and the unskilled.