University graduates born in 1970 enjoyed a much larger earnings boost than graduates born 20 years later, according to research by the Higher Education Statistics Agency (HESA) and Warwick University. The study found that graduates born in 1990 earned 11 per cent more than non-graduates at age 26, but graduates born in 1970 earned 19 per cent more than their peers who did not go to university.
This comes after a major expansion in the numbers of people going on to higher education in recent years. However, it is also true that graduates tend to have steeper growth in their earnings over time than non-graduates.
Does this make a university degree less appealing?
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