Private school graduates ‘out-earn state counterparts’

BBC News Online, 30/10/14, a study by the Institute for Fiscal Studies indicates that students in independent schools go on to earn more than their state-educated peers.

UK graduates who went to private schools earn thousands of pounds more, on average, than their state-educated peers, research finds.

The study by the Institute for Fiscal Studies says the pay gap is more than £4,500 a year, raising questions over education's impact on social mobility.

It says the privately educated are more likely to attend elite universities and study subjects that lead to higher pay.

Prestigious universities

The researchers found that, of those who were in work three-and-a half years after graduation, those who had been to a private school were earning, on average, £28,592 - £4,548 more than the average salary for state school graduates (£24,044).

The IFS study, which was funded by the Nuffield Foundation, says this wage gap is partly because independent school pupils tend to go to more prestigious universities and are more likely to study subjects that are linked to higher earnings.

But when the researchers took other factors - such as an individual's socio-economic background and ethnicity and the region in which they studied - into account, they still found privately schooled university graduates earned some 7% more, on average, than their peers from maintained schools.

The research also assessed graduates from similar backgrounds, who went to the same university to study the same subject and went into the same job after gaining their degree.

It found that even in these cases, those who attended a fee-paying school earned around 6% - equivalent to around £1,500 a year - more on average.

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