Sunday , February 28 2021

The best and worst grades for boosting your potential to earn

Accessing higher education can open many doors to those who search for their dream career.

University is not about promoting your potential to win, however, it's still a big part for many people who hope to secure a financially comfortable future.

The Institute of Finance Studies (IFS), a new report commissioned by the Education Department, shows which topics that see people gain more and who see them earn less.

The following figures are based on the earnings of 29 year olds and women who have been in higher education, compared to their suspended counterparts.

It also takes into account and has weighted against "pre-university features" which shows that typical higher education students are more likely to have come from richer families and are therefore expected to earn more, even if they had not gone to university.

The study also showed that women with higher education earn an average of 28% on average of their counterparts without higher education; there is an increase in earnings for men with higher education compared to those without 8%.

Men had a number of degrees that offered a negative return compared to their peers who did not follow higher education. Women did not have any courses that offered a negative return.

There was one of the biggest differences between men and women in medicine, with men increasing their average income of 24% and women of 75%.

The report also showed decisions about where people studied also played a part in the amount they earned in the future.

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