Commenting on the IFS study of graduate earnings, University Alliance Chair Professor Steve West said:
“This major study, the first of its kind, demonstrates the enduring value of a degree, measured in terms of the difference between graduate and non-graduate earnings a decade after leaving university.
“However, the report’s most striking conclusion is the extent to which a graduate’s family background remains a key factor determining their earnings. This needs to change. Universities have a role to play in addressing this inequality, ensuring that opportunities are open to all with the talent to succeed and that everyone can make the most of their potential.
“These findings illustrate that across the Higher Education sector, attention must be focused on securing the best outcomes for all students, regardless of background.”
The Institute for Fiscal Studies working paper How English domiciled graduate earnings vary with gender, institution attended, subject and socio-economic background can be downloaded here.