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Yes, the US really leaves the bottom third behind If you look at incomes for graduates in the US vs the UK, it's far higher. [0] For non-graduates it's the sa
by ta1243 2y ago
Yes, the US really leaves the bottom third behind
If you look at incomes for graduates in the US vs the UK, it's far higher. [0]
For non-graduates it's the same, and the social safety net in the UK is far better.
This ties into median wage in the UK being barely above minimum wage.
What this tells me is "don't bother educating yourself, just leave school asap and get a crap job stacking shelves"
The UK just isn't an attractive place for graduates to work in, and the few that are there (mainly in London and the south east [1]) massively subsidise the wealthy retired and the minimum wage jobs.
[0] https://www.ft.com/content/570d23b3-d286-4cb9-a319-b49cc4056f52 https://www.ft.com/content/570d23b3-d286-4cb9-a319-b49cc4056...
[1] https://www.ft.com/content/e5c741a7-befa-4d49-a819-f1b0510a9802 https://www.ft.com/content/e5c741a7-befa-4d49-a819-f1b0510a9...
- klelatti 2y ago> and the few that are there Completely wrong as roughly 25% of the UK population has a university degree. The U.K. has lots of problems but a lack of graduates isn’t one of them.
- ta1243 2y agothe few places that are attractive. A graduate of pretty much any degree working in Hull in pretty much any job is not attractive. They would earn far more in other countries, and earn little more than a minimum wage school dropout. A graduate working in fintech in London is fine, but they are subsidising the rest of the country and bring up the "graduate salary" and "total earnings" across the board. The problem isn't the lack of graduates, its the lack of well paid jobs. We don't value an educated workforce (which is at a similar level to France, the US, Ireland, Australia etc)