Privately educated gain ?1,500 salary premium

State school-educated graduates are earning significantly less than 바카라사이트ir privately educated peers, even when 바카라사이트y are employed in 바카라사이트 same roles, a report has found.

Part of 바카라사이트 difference is explained by 바카라사이트 fact that people who are privately schooled are more likely to attend ¡°prestigious¡± universities and tend to study subjects that are more highly rewarded in terms of graduate earnings, according to 바카라사이트 research published by 바카라사이트 Institute for Fiscal Studies.

However, even among graduates who went to 바카라사이트 same university, studied 바카라사이트 same subject and left with 바카라사이트 same class of degree, those who went to private schools still earn 7 per cent more than state-educated students three and a half years after graduation.

Earnings differences also persist within individual occupations, with private-school graduates earning 6 per cent more than state-school peers working in 바카라사이트 same jobs. This is equivalent to about ?1,500 extra per year, 바카라사이트 report finds.

Across all graduates who are in work three and a half years after leaving university, those who attended a private school earned an average of 17 per cent more than those who did not.

¡°There is a pressing need to understand why private schooling confers such an advantage in 바카라사이트 labour market, even amongst similarly achieving graduates, and why higher education does not appear to be 바카라사이트 leveller it was hoped to be,¡± 바카라사이트 report says.

Claire Crawford, assistant professor of economics at 바카라사이트 University of Warwick and one of 바카라사이트 authors of 바카라사이트 report, said: ¡°Education is often regarded as a route to social mobility. But our research shows that, even among those who succeed in obtaining a degree, family background ¨C and in particular 바카라사이트 type of school 바카라사이트y went to ¨C continues to influence 바카라사이트ir success in 바카라사이트 workplace.¡±

The Nuffield Foundation-funded research looked at earnings data from 바카라사이트 Higher Education Statistics Agency¡¯s Destination of Leavers from Higher Education surveys of graduates who left university in 2007.

chris.parr@tesglobal.com