Half of graduates would earn more via apprenticeships |
| A report from the Centre for Social Justice (CSJ) argues that the UK is overly focused on university degrees, often to the detriment of students and the economy. It finds that around half of graduates would earn more if they had chosen a higher-level apprenticeship instead of going to university. Five years after qualifying, level-4 apprentices earn about £37,300 on average, roughly £5,000 more than the median graduate salary (£32,100), while avoiding the £53,000 average student debt carried by graduates. The lowest-earning quarter of graduates earn just £24,800, far below apprenticeship earnings. The report also highlights that the UK has far more graduates than vocationally trained workers compared with countries like Germany, and 37% of workers are overqualified. |
|