Is it still worth going to university? Degree earning power falls 22% in a decade – and top graduates are working in pub

The higher salary that graduates  traditionally gain from having a university degree has been slashed by a fifth  during the past decade.

A study has found that the rise in numbers  attending university and increased competition for jobs has drastically driven  down the earning power enjoyed by previous generations of  graduates.

Researchers from Warwick University followed  17,000 students from 2006 to their graduation into one of the worst recessions  in history, and compared it to graduates who finished their studies in  1999.

The recent graduates are, on average, earning  22 per cent less than those who started at university a decade earlier….

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