Burn-Murdoch argues Britain’s shrinking graduate earnings premium reflects economic stagnation, not overeducation. UK graduates now earn 45% more than non-graduates, down from 80% in 1999. By contrast, US graduate premiums have risen despite expanding enrolment. He links Britain’s squeeze to weak productivity growth and limited skilled job creation. Restoring economic growth, he concludes, matters more than restricting university access.
upthetruth1 on
Yes, it makes people less likely to be right-wing, that’s why the Right across the West are attacking universities including Republicans in the US, and Conservatives and Reform in the UK. In the UK, for the past decade, age has been the best predictor of voting patterns, second best is university education.
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Burn-Murdoch argues Britain’s shrinking graduate earnings premium reflects economic stagnation, not overeducation. UK graduates now earn 45% more than non-graduates, down from 80% in 1999. By contrast, US graduate premiums have risen despite expanding enrolment. He links Britain’s squeeze to weak productivity growth and limited skilled job creation. Restoring economic growth, he concludes, matters more than restricting university access.
Yes, it makes people less likely to be right-wing, that’s why the Right across the West are attacking universities including Republicans in the US, and Conservatives and Reform in the UK. In the UK, for the past decade, age has been the best predictor of voting patterns, second best is university education.
https://preview.redd.it/gdy2euf7dskg1.png?width=1224&format=png&auto=webp&s=1059d6e63fa7a1e885c9b06c88e14953cc5caf14
I’m sure we can figure out a way to have the same effect in vocational colleges so we can train more blue collar workers.