Close Menu
Chronicle.ng
    Trending Stories
    Troops nab 25 suspected bandits, kidnappers along Benue highway 

    Troops nab 25 suspected bandits, kidnappers along Benue highway 

    July 2, 2025
    Mark says Tinubu’s govt hijacking democracy, fueling poverty, insecurity

    Mark says Tinubu’s govt hijacking democracy, fueling poverty, insecurity

    July 2, 2025
    Staff members of the Federal Capital Territory Administration, FCTA, under the Joint Union Action Committee, JUAC, ended their three-day protest on Wednesday.

    FCTA workers end protest, issue 21-day ultimatum

    July 2, 2025
    Facebook X (Twitter) Instagram
    Trending
    • Troops nab 25 suspected bandits, kidnappers along Benue highway 
    • Mark says Tinubu’s govt hijacking democracy, fueling poverty, insecurity
    • FCTA workers end protest, issue 21-day ultimatum
    • Mexico uncovers over 400 corpses in ‘house of horror’
    • Ex-AGF Malami dumps APC, joins ADC, cites national decline
    • Amaechi quits APC, declares Tinubu unfit to govern Nigeria
    • From Ally to Adversary: How Aregbesola and Tinubu sealed their political divorce
    • N2.7b Fraud: Witness narrates how Hadi Sirika split aviation contracts among family members
    Facebook X (Twitter) Instagram
    Chronicle.ngChronicle.ng
    Subscribe
    Thursday, July 3
    • News
      • Nigeria News
      • World News
      • Headlines News
    • Politics
    • Business
    • Sport
    • Entertainment
    • Contact Us
    Chronicle.ng

    The university degrees that make you rich… and those that don’t

    Chronicle EditorBy Chronicle EditorNovember 17, 2017No Comments3 Mins Read
    Facebook Twitter Telegram WhatsApp
    Here's a chart that shows degrees that pay the most
    Facebook Twitter WhatsApp
    Here’s a chart that shows degrees that pay the most

    Hundreds of thousands of young people are in the process of applying to university, in time for a 2018 start. Their choices can make a huge difference to future earnings.

    For most university graduates, having a degree pays.

    Over the course of a lifetime, estimates suggest women can expect to earn about £250,000 more if they have a degree, while the figure is roughly £170,000 for men.

    In England, higher tuition fees mean that, on average, students graduate with debts of more than £50,000 – much more than their counterparts in Scotland, Wales and Northern Ireland.

    But repayments are only one of many factors which affect how much money graduates will have in their pockets in years to come.

    Perhaps unsurprisingly, there are big differences in the earnings of graduates from different universities.

    Five years after graduation, average annual earnings for students who were taught at the London School of Economics, Imperial College London and University of Oxford are more than £40,000.

    READ: US senator Al Franken apologises after grope allegation

    Graduates of the 24 Russell Group universities earn an average of £33,500 after five years – about 40% more than those who studied at other universities.

    At the other end of the scale, there are several institutions – many of them dance and drama colleges – where average earnings after five
    years are closer to £15,000.

    Importantly, many of the differences here are not down to the universities themselves.

    They have different average earnings partly because students aren’t all the same – they have different abilities and interests.

    Entrants to Oxford, LSE and Russell Group universities start their degrees, on average, with better exam grades, for example.

    The big decision about what to study at university can be very important for future earnings.

    Five years after graduation, the income gap between students who studied the subjects that attract the highest and lowest salaries can be considerable.

    Graduates of medicine and dentistry earn an average of £46,700, while those who studied economics take home £40,000.

    These figures are about double the average wages of creative arts (£20,100), agriculture (£22,000) and mass communication (£22,300) graduates.

    Crucially, these differences are smaller, but remain significant, even when students with similar A-level grades are compared.

    As careers progress the gaps get bigger, with graduates of the high-earning subjects pulling even further away.

    For example, students of law, economics and management subjects at the London School of Economics do extremely well, with 10% of male graduates earning more than £300,000 by the time they are in their early 30s.

    Read more on BBC

    Share. Facebook Twitter Telegram WhatsApp

    Keep Reading

    Troops nab 25 suspected bandits, kidnappers along Benue highway 

    Troops nab 25 suspected bandits, kidnappers along Benue highway 

    Mark says Tinubu’s govt hijacking democracy, fueling poverty, insecurity

    Mark says Tinubu’s govt hijacking democracy, fueling poverty, insecurity

    Staff members of the Federal Capital Territory Administration, FCTA, under the Joint Union Action Committee, JUAC, ended their three-day protest on Wednesday.

    FCTA workers end protest, issue 21-day ultimatum

    Mexico uncovers over 400 corpses in 'house of error'

    Mexico uncovers over 400 corpses in ‘house of horror’

    Minister for Justice and Attorney-General Abubakar Malami EFCC assets

    Ex-AGF Malami dumps APC, joins ADC, cites national decline

    President Tinubu congratulates Rotimi Amaechi on 60th birthday

    Amaechi quits APC, declares Tinubu unfit to govern Nigeria

    Add A Comment

    Comments are closed.

    Subscribe to News

    Be the first to get the latest news updates from ChronicleNG about world, sports, politics etc

    Troops nab 25 suspected bandits, kidnappers along Benue highway 

    Troops nab 25 suspected bandits, kidnappers along Benue highway 

    July 2, 2025
    Mark says Tinubu’s govt hijacking democracy, fueling poverty, insecurity

    Mark says Tinubu’s govt hijacking democracy, fueling poverty, insecurity

    July 2, 2025
    Staff members of the Federal Capital Territory Administration, FCTA, under the Joint Union Action Committee, JUAC, ended their three-day protest on Wednesday.

    FCTA workers end protest, issue 21-day ultimatum

    July 2, 2025
    Mexico uncovers over 400 corpses in 'house of error'

    Mexico uncovers over 400 corpses in ‘house of horror’

    July 2, 2025
    Minister for Justice and Attorney-General Abubakar Malami EFCC assets

    Ex-AGF Malami dumps APC, joins ADC, cites national decline

    July 2, 2025
    Facebook X (Twitter) Instagram
    • News
    • Politics
    • Sports
    • Business
    • About Us
    © 2025 ChronicleNG

    Type above and press Enter to search. Press Esc to cancel.