Policy & Economy

UK: 20% of Students Lose Money by Attending University

One in five students would be financially better off if they skipped higher education, according to groundbreaking research that compares the lifetime earnings of graduates and non-graduates.

Analysis by the Institute for Fiscal Studies found while 80% of former students gained financially from attending university, about 20% earned less than those with similar school results who did not attend, highlighting how some subjects, such as creative arts, offer negative financial returns.

The IFS research – which uses tax data to measure the earnings of those who went to university from the mid-90s onwards – found that after accounting for taxes and student loans, men gained on average £130,000 and women £100,000 over their careers, compared with their peers who didn’t enter higher education.

Read the full article from The Guardian.

Image by lannyboy89 from Pixabay

Show More

AppliedHE News Wire

This is the official news distribution system of AppliedHE. We strive to bring you the latest higher education, skills development and employment stories from around world. We go direct to the source or we highlight important new developments by relying on a diverse range of trusted and independent media sources.

Related Articles

Back to top button