Privately educated graduates earn more – even with the same qualifications and job

The Independent is reporting a study that suggests graduates from state schools earn less than their private school counterparts – even if they leave university with the same degree in the same subject and go into the same occupation…

A study by the Institute for Fiscal Studies shows a six per cent gap in earnings between state and private school alumni – equivalent to £1,500 a year – even when their qualifications are exactly the same.

The findings indicate that the benefits of a privileged upbringing and expensive schooling extend well beyond academic achievement, and help secure advancement throughout adult life.

Overall, private school graduates earn 17 per cent (£4,500) more than those from state schools, but part of this could be attributed to them being more likely to be from the country’s more selective universities and opting for higher paid jobs.

However the fact that a pay gap exists even between graduates in the same occupations led the researchers to ask whether the old boy network is still a key influence when it comes to employers deciding which candidates should be offered jobs…

“There are many reasons why we might expect graduates from the private sector to earn more, including access to particular social networks or having better non-cognitive skills,” continues the research.

However it adds: “Whilst there is much speculation about whether private schools do inculcate better non-cognitive skills in children, there is to our knowledge no robust evidence on whether this is the case.

“Taken together, our results imply that university does not entirely level the playing field across students from different socio-economic backgrounds.”…

More at: Privately educated graduates earn more – even with the same qualifications and job

 

So what do you think might be behind this? Better all-round skills? Better connections? Greater confidence/ambition? Something else? Please let us know in the comments or via Twitter…

 

Don’t forget you can sign up to receive our daily email bulletin every morning (around 7 am) with all the latest schools news stories. Your details will never be given to anyone else and you can unsubscribe at any stage. Just follow this link!

Britain's schools need more resources for 'influx' of immigrant children, chief schools inspector warns
School Direct causing shortage of maths and science teachers, report claims
Categories: Employment and Private Schools.

Comments

  1. annemarie4711

    SchoolsImprove. My son(23) educated in state school 1st BSc (hons) ,MSc cannot get a job relevant to his qualifications – no experience?

  2. andylutwyche

    SchoolsImprove Rather than putting it down to privilege, maybe these schools breed a confidence in their pupils that earn them more income

  3. andylutwyche

    SchoolsImprove This is typical of the media regarding private schools: dismissed as privilege. Lazy journalism & populist, simple as that

  4. andylutwyche

    SchoolsImprove This is typical of the media regarding private schools: dismissed as privilege. Lazy journalism & populist, simple as that

  5. monty back

    It’s more than social capital. It’s about enriched curriculums including sports and arts. It’s about creating self belief within the group. Teach First participants also achieve this through their ‘corporate’ inclusive clubness.
    Until we stop micromanaging teacher and pupil performance children in state schools will continue to have a narrow curriculum and jump through short term hoops.

  6. SallyHoward3

    SchoolsImprove Social capital is one tiny part. Private schools micromanage teachers less! Their Curriculum is broad & deep not short term!

  7. Janet2

    @SallyHoward3 SchoolsImprove The obsession with league table position and raw exam results distort education in state schools.  It’s time to define a ‘broad, balanced curriculum’ as Wilshaw wants.  But the agreed definition (it it ever happens) should be outline only.  Schools should be left to devise their own curriculum within the framework.

  8. MattJones_Globe

    SarahDonachy We need to develop the networks to ensure our 6th Form have greater access to the best universities and employment!

  9. ddubdrahcir

    SchoolsImprove Social capital: connections, manners/bearing, embedded recruitment habits. David Cameron is a case in point.

  10. Diana Matthews

    It`s just a stereotype, a pupil who studied at private schools have rich parents first of all. But it doesn`t make them smarter
    I`m essay writer from https://samedayessays.net/ and many of my clients from public schools took very high positions in large corporations.

Let us know what you think...