Equal Pay

(asked on 21st January 2015) - View Source

Question

To ask Her Majesty’s Government what assessment they have made of the imbalance of pay by gender for graduate students in the United Kingdom.


Answered by
Baroness Williams of Trafford Portrait
Baroness Williams of Trafford
Shadow Chief Whip (Lords)
This question was answered on 5th February 2015

Graduates earn, on average, substantially more than people with A-levels who did not go to university. Over the working life, the average graduate will earn comfortably over £100,000 more in today's valuation, net of tax, than a similar individual who completed their education with 2 or more A-levels. The latest BIS research estimates the lifetime benefits for an individual from gaining a first degree to be of the order of £165,000 for men, and £250,000 for women, net of tax and student loan repayments (2012 prices).

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