The financial benefit of going to university has slumped over 20 years

According to iNews, graduates born in 1970 enjoyed a much larger “graduate premium” from going to university than those born two decades later, a study has found.

Research by the Higher Education Statistics Agency (HESA) and the Department of Economics at Warwick University found that graduates born in 1970 earned 19 per cent more per hour than non-graduates at age 26.

report published by the researchers suggests that the decline in the graduate premium has happened recently. “Our results indicate that the decline appears to be a recent development, primarily affecting those born after 1987,” it says.

“Further data is needed on cohorts born after 1990 to determine whether this is a short-term dip or represents the start of a more general decline.”

Read more The financial benefit of going to university has slumped over 20 years 

With tuition fees of up to £9,250 a year and universities value for money being questioned can you see the decline continuing? Please tell us your thoughts in comments or via Twitter ~ Tamsin

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Categories: DfE, Further Education, Higher Education and University.

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