Apprentice earnings may outstrip graduates


A great article by Christian Doherty published on apprentice eye claims that that apprentices can earn up to 270% more over their careers than university grads.


"The report, Productivity and Lifetime Earnings of Apprentices and Graduates, was jointly released by Barclays and the Centre for Economics and Business Research (CEBR).


It revealed that the average gap in lifetime earnings potential between apprentices and graduates was just 1.8%, with the average lifetime earning premium (LEP) difference for the two study paths at just £2,200.


The report also rebutted a range of common misconceptions about apprenticeships, including that they are only relevant for those looking for careers in vocational or manual industries – business, administration and law accounted for the most apprenticeship starts in 2014/15 (29%), closely followed by health, public services and care (26%)."


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