Even though there are many more graduates in the work force than during the 1990s, across Britain the financial returns to a graduate education are holding up. But there are signs of increasing differentiation, with some graduates who do least well getting less of a wae-premium over non-graduates than used to be the case during the 1990s. This was the key finding of research by Professor Francis Green and Dr. Yu Zhu reported to senior academics and policy-makers at a joint meeting of the Indian Council of Social Science Research and Britain’s Economic and Social Research Council in New Delhi on 4th December. According to Professor Green “going to university remains a very good investment, but the premium wage you receive is getting more varied as time goes on. From the financial point of view, choosing the right course and university continues to be important”.
The full paper can be found here.