The Edvocate

Top Menu

Main Menu

  • Start Here
    • Our Brands
    • Governance
      • Dr. Lynch’s Personal Website
      • Careers
    • Write For Us
    • Books
    • Contact Us
    • Edupedia
  • PreK-12
    • Assessment
    • Assistive Technology
    • Child Development
    • Classroom Management
    • Early Childhood
    • EdTech & Innovation
    • Education Leadership
    • Equity
    • First Year Teachers
    • Gifted and Talented Education
    • Parental Involvement
    • Policy & Reform
    • Special Education
    • Teachers
  • Higher Ed
    • Best Colleges and Universities
    • Best College and University Programs
    • Diversity
    • HBCU’s
    • Higher Education
    • Higher Education EdTech
    • International Education
  • Advertise
    • Request a Product Review
  • The Tech Edvocate Awards
    • The Awards Process
    • Finalists and Winners of The 2020 Tech Edvocate Awards
    • Finalists and Winners of The 2019 Tech Edvocate Awards
    • Finalists and Winners of The 2018 Tech Edvocate Awards
    • Finalists and Winners of The 2017 Tech Edvocate Awards
    • Award Seals
  • Apps
    • GPA Calculator for College
    • GPA Calculator for High School
    • Cumulative GPA Calculator
    • Grade Calculator
    • Weighted Grade Calculator
    • Final Grade Calculator
  • The Tech Edvocate
  • Pedagogue
  • The Edvocate Podcast

logo

The Edvocate

  • Start Here
    • Our Brands
    • Governance
      • Dr. Lynch’s Personal Website
        • My Speaking Page
      • Careers
    • Write For Us
    • Books
    • Contact Us
    • Edupedia
  • PreK-12
    • Assessment
    • Assistive Technology
    • Child Development
    • Classroom Management
    • Early Childhood
    • EdTech & Innovation
    • Education Leadership
    • Equity
    • First Year Teachers
    • Gifted and Talented Education
    • Parental Involvement
    • Policy & Reform
    • Special Education
    • Teachers
  • Higher Ed
    • Best Colleges and Universities
    • Best College and University Programs
    • Diversity
    • HBCU’s
    • Higher Education
    • Higher Education EdTech
    • International Education
  • Advertise
    • Request a Product Review
  • The Tech Edvocate Awards
    • The Awards Process
    • Finalists and Winners of The 2020 Tech Edvocate Awards
    • Finalists and Winners of The 2019 Tech Edvocate Awards
    • Finalists and Winners of The 2018 Tech Edvocate Awards
    • Finalists and Winners of The 2017 Tech Edvocate Awards
    • Award Seals
  • Apps
    • GPA Calculator for College
    • GPA Calculator for High School
    • Cumulative GPA Calculator
    • Grade Calculator
    • Weighted Grade Calculator
    • Final Grade Calculator
  • The Tech Edvocate
  • Pedagogue
  • The Edvocate Podcast
  • How to Implement Prompting in Your Classroom

  • How to Become an Education Administrator in New Hampshire

  • How to Implement Spaced Practice in Your Classroom

  • How to Become an Education Administrator in Nevada

  • How to Implement Scaffolding in Your Classroom

  • How to Become an Education Administrator in Nebraska

  • How to Become an Education Administrator in Montana

  • How to Become an Education Administrator in Missouri

  • How to Increase Community Engagement in Your Classroom

  • How to Become an Education Administrator in Mississippi

Higher Education
Home›Higher Education›What your choice of degree means for your future earnings

What your choice of degree means for your future earnings

By Matthew Lynch
October 15, 2016
Spread the love

Francis Green, UCL

The mass expansion of higher education, the arrival of high fees in English and Welsh universities, the ongoing technology revolution and the Great Recession have pushed and pulled the graduate labour market in contrasting directions over the last 15 years.

So a new study published by the Institute for Fiscal Studies to help us to better understand how new graduates fare when they leave university is especially welcome. Until now, our understandings have come from surveys, with only some thousands of respondents, or else from the Destinations of Leavers from Higher Education survey, which tracks earnings six months after graduation.

By linking administrative data from the Student Loan company, pay data from HMRC’s records, and university level data from the Higher Education Statistics Agency, the study’s authors have been able to work with a data set containing a quarter of a million English-domiciled graduates. They have been able to look at earnings in much greater detail, by institution and by subject area.

The study also captures earnings at the upper extremes better than surveys can, which is especially important at a time when earnings have become more and more unequal at the top end. Despite some weaknesses – it only covers students who applied when they were living in England, for example – this is a significant step forward.

Big differences in earnings

It’s well known that graduate earnings vary a lot according to subject taken. The report confirms that medicine and economics graduates earn the most, while creative arts graduates occupy the bottom of the earnings table, as the graph below shows. In addition, the study finds a remarkable spread in how much graduates earn, even among those doing the same subject at the same institution.

On the face of it, the investment in higher education is quite a risky business, when looked at solely in financial terms. The authors illustrate this with remarkable findings from the LSE, where the top 10% of male graduate earnings was £170,000, compared to median earnings at around £40,000. At the bottom end, graduation does not guarantee employment in a graduate job.

Naturally, there are also substantial earnings variations between graduates from different universities. Yet most of this is accounted for by differences in student intake and in subject composition.

The study also found that graduates from high-income households earned much more than those coming from low-income households – some 45% more for women and 60% for men. This family income gap is partially accounted for by subject choice, and further mediated by the university a student attended.

Nevertheless, it looks as though parental income continues to affect children’s fortunes beyond their time growing up – more so for men than for women, and more at the extremes of the earnings spectrum. So, while higher education continues to matter a great deal, the labour market seems not to be entirely meritocratic. Possible explanations have centred on the role of social and cultural capital, including the role of social networks.

What’s the endgame?

More studies such as these can be expected over the coming years as administrative data is better harnessed for research purposes. The ultimate aim is to find and present accurate information of the graduate earnings premium for each institution and subject. This information would then be available to aid students in their choices. It’s hoped this could address Britain’s low social mobility by minimising unwise choices by those from socially disadvantaged backgrounds.

While better information will surely be welcome, we should not hold too many high expectations for this new era of big data for higher education research. Not least, the focus will inevitably always be on earnings and employment. There will be a great temptation for the media to hold some universities to account when their students do less well in terms of pay. Yet one could hardly expect those universities to somehow fix the labour market by altering the changing demand for skilled labour – which is where the problem may lie.

While the IFS study does not name institutions at the lower end of the graduate earnings spectrum, it seems only a matter of time before this happens as future studies emerge with even larger data sets.

Concentrating only on the employment and pay implications of going to university also encourages neglect of the broader educational needs of a modern advanced democracy. Yet as my own ongoing research is finding, even when graduates do not succeed in getting graduate jobs, they gain in other ways: they contribute external benefits to others in society, and still earn more on average than those in non-graduate jobs.

The Conversation

Francis Green, Professor of Labour Economics and Skills Development, UCL

This article was originally published on The Conversation. Read the original article.


Spread the love
Tagsachievement gapblackededgaplatinoeduurbaned
Previous Article

We should encourage boys _and_ girls to ...

Next Article

Why it’s so hard for students to ...

Matthew Lynch

Related articles More from author

  • Uncategorized

    Book Dr. Lynch as Your Next Keynote Speaker

    April 21, 2016
    By Matthew Lynch
  • Uncategorized

    High school graduation rate soars in the U.S.

    September 26, 2016
    By Matthew Lynch
  • EdTech & Innovation

    Many low-income students use only their phone to get online. What are they missing?

    February 17, 2016
    By Matthew Lynch
  • EquityMatthew Lynch

    Using Year-Round Schools to Close the Achievement Gap

    September 19, 2016
    By Matthew Lynch
  • EquityHigher Education

    What can be done to improve the success of black male students?

    November 7, 2015
    By Matthew Lynch
  • EquityMatthew Lynch

    What is Culturally Responsive Pedagogy?

    April 21, 2016
    By Matthew Lynch

Leave a reply Cancel reply

  • Artificial Intelligence

    What will AI Mean for Higher Education?

  • Artificial Intelligence

    26 Ways That Artificial Intelligence (AI) is Transforming Education for the Better

  • Artificial IntelligenceCodingDigital & Mobile TechnologyDigital Literacy

    Turn to Coding and Robotics If You Want Your Students to Possess a Growth Mindset

Search

Registration and Login

  • Register
  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Newsletter

Signup for The Edvocate Newsletter and have the latest in P-20 education news and opinion delivered to your email address!

Subscribe to The Edvocate Podcast

Apple PodcastsGoogle PodcastsAndroidby EmailRSS
  • Recent

  • Popular

  • Comments

  • How to Implement Prompting in Your Classroom

    By Matthew Lynch
    January 27, 2021
  • How to Become an Education Administrator in New Hampshire

    By Matthew Lynch
    January 27, 2021
  • How to Implement Spaced Practice in Your Classroom

    By Matthew Lynch
    January 26, 2021
  • How to Become an Education Administrator in Nevada

    By Matthew Lynch
    January 26, 2021
  • How to Implement Scaffolding in Your Classroom

    By Matthew Lynch
    January 25, 2021
  • 18 Reasons the U.S. Education System is Failing

    By Matthew Lynch
    April 3, 2017
  • The Top 5 Unexpected Benefits of Early Childhood Education

    By Matthew Lynch
    February 29, 2016
  • 7 Benefits of STEM Education

    By Matthew Lynch
    January 12, 2019
  • The Dark Side of Educational Technology

    By Matthew Lynch
    October 15, 2016
  • Transformational vs. Contemporary Leadership Styles

    By Matthew Lynch
    February 28, 2016
  • Why Is STEM Important In Early Childhood? - The Heart And Brain
    on
    January 25, 2021

    7 Benefits of STEM Education

    […] new solutions to ...
  • Christopher Bowman
    on
    January 21, 2021

    18 Reasons the U.S. Education System is Failing

    I had both of ...
  • Campuses Have Used IoT Projects to Promote Convenience, Security, and Comfort for Students - The Tech ...
    on
    January 15, 2021

    What Universities Have the Highest Rates of Sexual Assaults Per Capita

    […] security remains a ...
  • Europeans Reveal What 72 Things Weirded Them Out While Visiting America In This Viral Thread
    on
    January 12, 2021

    18 Reasons the U.S. Education System is Failing

    […] www.theedadvocate.org ...
  • Implementing Digital Literacy in the Classroom – MarkerSpace America
    on
    January 11, 2021

    8 Essential Digital Literacy Skills That Students Need

    […] of resources, tools, ...

Ask an Expert

  • Ask An Expert

    How Dumbed Down Education Is Creating a National Security Crisis

    Spread the loveFor the past few decades, our country’s educational system has seen both struggle and tremendous change. With the various ailments plaguing our educational system, education reforms have attempted ...
  • Ask An Expert

    21 Inspirational Quotes That Nelson Mandela Made About Education

    Spread the loveWe all have our heroes. Those human beings that seem larger than life and almost achieve Godlike status. One of my heroes is the late-great Nelson Mandela, who ...
  • Ask An ExpertAssistive TechnologyCareer ReadinessChild Development TechClassroom ManagementDigital & Mobile TechnologyDigital LeadershipDisabilitiesDiversityEarly ChildhoodEarly Childhood & K-12 EdTechEdTech & InnovationEducation LeadershipElementary EducationElementary SchoolEquityFirst Year TeachersFreshHigh SchoolK-12Middle SchoolModern ParentingParent & Family TechParental InvolvementParentingPersonalized LearningPodcastPolicy & ReformPreK-12Special EducationSTEMTeacher EducationTeachers

    The Edvocate Podcast, Episode 7: How Digital Age Teachers Can Win Over Parents

    Spread the loveEducation is a collaborative process, as it takes many stakeholders working in unison to help students succeed academically. One of the most integral parts of this collaborative team ...
  • Ask An ExpertAssessmentAssistive TechnologyBlack Boys in CrisisChild Development TechClassroom ManagementDigital & Mobile TechnologyDigital LeadershipDisabilitiesEarly ChildhoodEarly Childhood & K-12 EdTechEdTech & InnovationEdTech Policy & ReformEducation LeadershipElementary EducationElementary SchoolEquityFeaturedFirst Year TeachersFreshGamificationGifted and Talented EducationHBCU'sHigh SchoolHigher EducationK-12Online Learning & eLearningOpEducationPersonalized LearningPodcastPolicy & ReformRetention & Social Promotion SeriesSpecial EducationSTEMTeacher EducationTeachersTesting

    The Edvocate Podcast, Episode 6: 8 Ways That Digital Age Teachers Avoid Burning Out

    Spread the loveBeing a teacher is a tough job. So much so, many new teachers end up leaving the field within their first three years. To ensure that the next ...
  • Ask An ExpertAssessmentAssistive TechnologyBlack Boys in CrisisBullyingChild DevelopmentChild Development TechClassroom ManagementCurrent Ed NewsDigital LeadershipEarly ChildhoodEarly Childhood & K-12 EdTechEdTech & InnovationEdTech Policy & ReformEdTech Startups & BusinessesEducation LeadershipEquityFeaturedFirst Year TeachersFreshGamificationGifted and Talented EducationHBCU'sHigh SchoolHigher EducationHigher Education EdTechK-12Matthew LynchModern ParentingOnline Learning & eLearningOpEducationPersonalized LearningPodcastPolicy & ReformRetention & Social Promotion SeriesSpecial EducationSTEMTeacher EducationTeachersTestingYear-Round Schooling

    The Edvocate Podcast, Episode 5: The Archetype of a Great Teacher

    Spread the loveOne of the questions that I am frequently asked is, what does a good teacher look like? I respond by mentioning my 10th-grade Biology teacher, Mrs. Minor, and ...

International Education

  • International Education

    How Can We Improve Teacher Training in the World’s Poorest Countries?

    Spread the loveAccess to education is a basic human right and a subject of importance in every part of the world. The desire and dedication to go to school are ...
  • International Education

    How COVID-19 is Creating a Global Education Crisis

    Spread the loveWhile the novel coronavirus has brought the entire world to a standstill, it’s the education sector that will suffer the most consequences. Almost all across the globe, the ...
  • International Education

    Which Countries Provide Free Education At A University Level?

    Spread the loveAlmost two dozen countries provide free or nearly-free university-level education to their citizens. Some even allow students from other countries to participate in their free education programs; some ...
  • International Education

    Teachers’ Pay Must Be at the Heart of Global Education Reform

    Spread the loveWhile most in the education field believe they are underpaid for the work they do, there are many people who argue that teachers’ pay is fair. Some of ...
  • International Education

    Innovative Approaches to Global Education Challenges

    Spread the loveGlobal education is an ideology that deals with the enhancement of individual perception of the whole world. It is an approach that helps us to become global citizens. ...

Early Childhood Education

  • Child DevelopmentEarly ChildhoodParenting

    40 Questions to Ask When Choosing Your Child’s Preschool

    Spread the loveIn six months or so, we plan to move my 4-year old son Matthias to a new preschool. We are looking for a location that is close to ...
  • Child DevelopmentEarly ChildhoodModern ParentingParenting

    Should You Choose a Play-Based or Academic Based Preschool For Your Children?

    Spread the loveAs parents await their child’s first school years, it is unclear what they should expect when they finally send their three- to five-year-old children to a preschool. Many ...
  • Early ChildhoodEquity

    The Foundational Principles of Anti-Racist Early Childhood Education

    Spread the loveFor children to have an anti-racist early childhood education, many steps must be taken by parents and educators. Some of these steps occur before children even set foot ...
  • Early Childhood

    Growing And Guiding Early Childhood Education Leadership

    Spread the loveEducational leadership is vital in any school whether it is elementary, middle, or high school. Depending on the school’s age range it is important for the leadership (which ...
  • Early Childhood

    Reducing The Role Of Implicit Bias In Early Childhood Education Settings

    Spread the loveImplicit bias is defined as the attitudes or stereotypes that affect our understanding, actions, and decisions in an unconscious manner. While bias is inescapable, that does not mean ...

Gifted and Talented Education

  • Gifted and Talented Education

    The Edvocate’s Guide to Working With Twice-Exceptional Students

    Spread the loveTwice-exceptional is a term used to explain kids who have exceptional talents in some educational areas and challenges in others. In some instances, a twice-exceptional learner could theoretically ...
  • Gifted and Talented Education

    Implementing Curriculum Compacting in Your Classroom

    Spread the loveAll educators agree that differentiating instruction for students is very important. Yet, many districts cannot put this policy into practice. An almost unlimited amount of remedial curricular content ...
  • Gifted and Talented Education

    What Does Academic Enrichment Involve?

    Spread the loveAcademic enrichment activities in the class can take numerous forms and do not always involve prescribed lessons from the curriculum. Enrichment encourages learners to take a more expansive ...
  • Gifted and Talented Education

    What is Academic Enrichment?

    Spread the loveSome learners struggle to keep up in class. Other learners have the opposite challenge. For some learners, their learning moves through content too slowly, causing a lack of ...
  • Gifted and Talented Education

    The Edvocate’s Guide to Cluster Grouping

    Spread the loveCluster grouping is a method educators utilize to meet gifted kids’ educational needs. If cluster grouping isn’t practiced at a certain grade level or a certain school, contemplate ...

Black Boys in Crisis Series

  • Black Boys in Crisis

    The Importance of Mentoring Young African-American Males

    Spread the loveTeachers need to realize that at home, in their neighborhoods, and in school, many students face difficulties that can interfere with learning. Compared to their middle-class counterparts, it ...
  • Black Boys in CrisisDiversityEquity

    7 Ways That Black Students are Discriminated Against in U.S K-12 Schools

    Spread the loveAfrican Africans have a long history of being mistreated in the United States, starting with slavery. It should come as no surprise that their children face the same ...
  • Ask An ExpertAssessmentAssistive TechnologyBlack Boys in CrisisChild Development TechClassroom ManagementDigital & Mobile TechnologyDigital LeadershipDisabilitiesEarly ChildhoodEarly Childhood & K-12 EdTechEdTech & InnovationEdTech Policy & ReformEducation LeadershipElementary EducationElementary SchoolEquityFeaturedFirst Year TeachersFreshGamificationGifted and Talented EducationHBCU'sHigh SchoolHigher EducationK-12Online Learning & eLearningOpEducationPersonalized LearningPodcastPolicy & ReformRetention & Social Promotion SeriesSpecial EducationSTEMTeacher EducationTeachersTesting

    The Edvocate Podcast, Episode 6: 8 Ways That Digital Age Teachers Avoid Burning Out

    Spread the loveBeing a teacher is a tough job. So much so, many new teachers end up leaving the field within their first three years. To ensure that the next ...
  • Ask An ExpertAssessmentAssistive TechnologyBlack Boys in CrisisBullyingChild DevelopmentChild Development TechClassroom ManagementCurrent Ed NewsDigital LeadershipEarly ChildhoodEarly Childhood & K-12 EdTechEdTech & InnovationEdTech Policy & ReformEdTech Startups & BusinessesEducation LeadershipEquityFeaturedFirst Year TeachersFreshGamificationGifted and Talented EducationHBCU'sHigh SchoolHigher EducationHigher Education EdTechK-12Matthew LynchModern ParentingOnline Learning & eLearningOpEducationPersonalized LearningPodcastPolicy & ReformRetention & Social Promotion SeriesSpecial EducationSTEMTeacher EducationTeachersTestingYear-Round Schooling

    The Edvocate Podcast, Episode 5: The Archetype of a Great Teacher

    Spread the loveOne of the questions that I am frequently asked is, what does a good teacher look like? I respond by mentioning my 10th-grade Biology teacher, Mrs. Minor, and ...
  • Ask An ExpertAssistive TechnologyBlack Boys in CrisisBullyingChild DevelopmentChild Development TechClassroom ManagementDisabilitiesDiversityEarly ChildhoodEarly Childhood & K-12 EdTechEdTech & InnovationEdTech Policy & ReformEducation LeadershipElementary EducationElementary SchoolEquityFeaturedFirst Year TeachersFreshGifted and Talented EducationHigh SchoolHigher EducationHigher Education EdTechK-12Middle SchoolModern ParentingOnline Learning & eLearningParent & Family TechParentingPersonalized LearningPodcastPolicy & ReformSecondary EducationSTEMTeacher EducationTeachersTesting

    The Edvocate Podcast, Episode 4: How to Create a Culturally Responsive Classroom

    Spread the loveBuilding a culturally responsive classroom is hard. To help you along your journey, here is your guide to exploring and respecting the cultural backgrounds of your students while ...

RSS Matthew on Education Week

  • Au Revoir from Education Futures November 20, 2018 Matthew Lynch
  • 6 Steps to Data-Driven Literacy Instruction October 17, 2018 Matthew Lynch
  • Four Keys to a Modern IT Approach in K-12 Schools October 2, 2018 Matthew Lynch
  • What's the Difference Between Burnout and Demoralization, and What Can Teachers Do About It? September 27, 2018 Matthew Lynch
  • Revisiting Using Edtech for Bullying and Suicide Prevention September 10, 2018 Matthew Lynch

About Us

The Edvocate was created in 2014 to argue for shifts in education policy and organization in order to enhance the quality of education and the opportunities for learning afforded to P-20 students in America. What we envisage may not be the most straightforward or the most conventional ideas. We call for a relatively radical and certainly quite comprehensive reorganization of American’s P-20 system.

That reorganization, though, and the underlying effort, will have much to do with reviving the American education system, and reviving a national love of learning.  The Edvocate plans to be one of key architects of this revival, as it continues to advocate for education reform, equity, and innovation.

Newsletter

Signup for The Edvocate Newsletter and have the latest in P-20 education news and opinion delivered to your email address!

Contact

The Edvocate
5322 Markel Road, Suite 104
Richmond, VA 23230
(601) 630-5238
advocatefored@gmail.com

Follow us

Copyright (c) 2021 Matthew Lynch. All rights reserved.