- University degrees still provide a premium of over 40% in earnings compared to non-graduates.
- However, returns on investment vary greatly, with 25% of male and 15% of female graduates in England being worse off financially.
- Students are switching to subjects linked to better earnings, such as computer science.
- Governments should invest in giving students more information to make sensible choices, rather than throwing money at the problem.
- Programmes at all levels that wish to benefit from state funds should have to clear a basic quality hurdle.
The Economist — World — Higher Education — Finance — Education — Policy
The university lottery
Students are shifting towards degrees with better earnings prospects, but governments should invest in providing information rather than throwing money at the problem, says Leaders.