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Worthless degrees: graduates earn less than school-leavers

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    According to a new article by The Times, graduates who study certain degrees at certain universities will earn less on average than school-leavers without degrees.

    The low-performing universities have not been named, but the high-performing universities have been. "The LSE had the highest graduate earnings with the top 10 per cent of its graduates earning more than £100,000 a decade after graduating. Oxford and Cambridge followed. Among male graduates of the LSE the average income in the top 10 per cent was £163,000, reflecting its reputation as a finishing school for the City of London."

    The top 5 degrees for graduate earnings are (from highest to lowest) Medicine, Economics, Engineering, Law, and Physical Sciences. The bottom 5 are (from lowest to highest) Creative arts, Communication, Veterinary studies, Linguistics/Classics, and Languages.

    "Men who studied at any of 23 of the lowest-performing British universities went on to earn less than those who did not enter further education, research has revealed.
    The findings will fuel debate about the cost to the taxpayer of universities with the worst employment records, because a large proportion of graduates do not repay their student loans."

    LSE and Oxbridge are still at the top, and other universities are struggling to keep up.
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