Why Many Graduates Struggle with Earnings
Recent data has revealed that approximately half of university graduates in Britain do not earn more than the national average wage five years after graduation. Over 150,000 graduates annually struggle with low incomes close to minimum wage, with some facing debts exceeding £50,000. In contrast, fields such as medicine and engineering yield higher incomes, surpassing £53,000, while arts and media tend to generate average earnings in the twenties. The decline in higher education returns has sparked widespread criticism regarding the high costs of university versus economic benefits. Calls for reforms include reducing university places and implementing more stringent admission procedures.
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