Graduate outcomes data reveals surprising trends
The data challenges common perceptions about graduate employment and earnings, with a significant number of graduates finding employment in non-graduate roles. The data also shows that many graduates are not earning as much as expected.
Key takeaway
The graduate outcomes data for 2023-24 reveals that 40% of graduates are in non-graduate roles.
- The data shows that 60% of graduates are in graduate-level roles, while 40% are in non-graduate roles.
- The data also reveals that the median graduate salary is £25,000, lower than expected.
- The data challenges common perceptions about graduate employment and earnings.
The surprising truth about graduate outcomes
40% of graduates are in non-graduate roles, challenging the common perception that most graduates find employment in graduate-level positions. This data suggests that many graduates are not using their degrees in their careers.
The data also shows that the median graduate salary is £25,000, which is lower than expected. This could have implications for students considering their career paths and salary expectations.
The data highlights the need for students to consider their career options carefully and not just rely on their degree to secure a high-paying job.
What this means for students
For students, this data suggests that they should not assume that having a degree will automatically lead to a high-paying job. Instead, they should consider their career options carefully and look for opportunities to gain skills and experience in their chosen field.
One concrete step students can take is to research their career options and salary expectations using resources such as the National Careers Service or graduate job boards. This can help them make informed decisions about their career paths and avoid disappointment.
It's also worth noting that while the data may seem bleak, many graduates are still finding employment and earning good salaries. It's just that the reality may not be as straightforward as expected.
Source
Wonkhe
Read original article (opens in new tab)This article is based on reporting from Wonkhe. Ratio Report provides context and analysis for UK students and young adults.
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