Privately educated graduates ‘earn more’ than state school colleagues

BBC News, 06.07.15,  privately educated UK graduates in high status jobs earn more than their state school counterparts, says a study.

The report, by the Sutton Trust and UpReach, examined those in careers such as law and financial services.

It found that, on average, three years after graduation, those who attended fee-paying schools earned £4,500 more.

The report put the earnings gap down to factors such as the university attended, but also suggested non-academic factors, such as assertiveness, were at play.

The research also found salaries of the privately-educated increased more quickly, growing by £3,000 more over the same three-and-a-half year period.

Average salaries, six months after graduation, were more generous for those who had attended independent schools - £24,066 compared to £22,735, a difference of £1,331.

This difference rose to £4,450 after three years, with average salaries of £36,036 and £31,586 respectively.

The report - Private pay progression - says half of this difference can be explained by factors such as prior academic attainment and the type of university an individual attended.

But it says the remaining half cannot be explained by these factors and is likely to be down to non-academic factors such as articulacy, assertiveness and other important soft skills.

The research assessed jobs in the top national statistics socio-economic classification, including accountants, economists, solicitors, pharmacists, psychologists, higher education teachers and researchers, engineers and scientists, but excluding medics.

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