Graduates From From Wealthy Backgrounds Get Paid More Than Their Peers From Under-Priviledged Families

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Less pay for under-privileged graduates
Less pay for under-privileged graduates
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Students from under-privileged backgrounds earn almost 10% less on average than those from wealthy families six months after graduating in the same subject, a study has shown.

According to the research from Deloitte, the biggest wage gap is found among law graduates at 15%, while those who study computer science or social sciences can expect to be paid 13% less than their well-off peers.

However, the firm said that less-advantaged students stand to earn slightly more in professions such as medicine and dentistry, the Press Association reported.

David Sproul, Deloitte’s chief executive, said: “The research shows that the least advantaged graduates face considerable barriers to employment after graduation, even if they perform as well as their most advantaged peers.

“Improving social mobility is one of the UK’s biggest challenges and its urgency has been brought into sharper focus by events this year.

“It is important that businesses, higher education leaders and the Government work together to get this right.

“Failing to do so limits the talent pool from which companies can recruit and reinforces a perception that the rewards of economic prosperity are reserved for a privileged few.”

Data from UCAS shows that the number of young people from the least advantaged backgrounds who apply to university is ten times lower than those from the wealthiest families.

Sproul added: “Action is required to improve access to education, ensure equality of employment opportunities and equip young people with the skills they need to succeed in a digitally-driven economy.

“Leaders of the UK’s higher education institutions and employers are increasingly aware of these problems and we are beginning to see some positive change. In hiring, for example, greater use of contextual information, blind recruitment and better training for interviewers are all starting to give more young people a chance.”

Harvey Lewis, Fair Access to Work research director at Deloitte, said: “As our increasingly digital society ushers in a new era of smart machines, the long-established link between a good university degree and a good job is starting to crumble.

“Many routine manual or cognitive activities currently carried out by humans can increasingly be performed by robots. The skills required in the future are not necessarily technical but instead we will see far greater demand for essential skills such as reasoning, critical thinking and complex problem-solving.”

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