Achieving high marks at university pays off, especially for men and people who attend the most selective institutions, a study of British graduates found.
The Institute for Fiscal Studies said the average wage premium at age 30 for those gaining a first-class undergraduate degree was 7% for men and 4% for women. Getting a lower second-class 2.2 degree or below brings 15% lower earnings for women and 18% less for men.
The findings suggest that access to elite jobs paying top salaries depends on what students study, which schools they attend and how well they do. It also
The Institute for Fiscal Studies said the average wage premium at age 30 for those gaining a first-class undergraduate degree was 7% for men and 4% for women. Getting a lower second-class 2.2 degree or below brings 15% lower earnings for women and 18% less for men.
The findings suggest that access to elite jobs paying top salaries depends on what students study, which schools they attend and how well they do. It also