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Posted: Tuesday December 14th, 2004 15:09 |
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Matthew Taylor, education correspondent
Tuesday December 14, 2004
Student leaders attacked the government last night after the higher education minister, Kim Howells, declared it was a "good time to be a graduate".
Figures released today show that more than 93% of students who finished their degree last year are in full-time employment or remain in education.
Mr Howells welcomed the findings from the Higher Education Statistics Agency (Hesa), saying: "It is a good time to be a graduate. Ninety three per cent of graduates across the UK are in jobs or further study just six months after graduation, and there is evidence that the proportion in work tends to increase further in the subsequent three years."
But the National Union of Students said the government was glossing over the low salaries and mounting debt that many students faced at the end of their course.
The NUS president, Kat Fletcher, said: "We would like to refute the higher education minister's claim that it is a good time to be a graduate. Whilst the minister and his colleagues had a good time on graduation, with little or no debt to speak of, graduates these days look forward to a lifetime of debt with little or no hope of home owning, providing for their own children's education and saving for a pension."
The NUS said the government had justified the introduction of top-up fees in 2006 with the assumption that graduates would earn significantly more than non-graduates when they leave university. "Previous Hesa figures, which found that graduates are earning an average salary of only £17,000, shows that this is not the case," said Ms Fletcher.
But Mr Howells said graduates earn on average 50% more than non-graduates. "This means graduates are less likely to be unemployed and more likely to earn more money over their lifetime than non-graduates," he said.
The research published by Hesa today shows the percentage of graduates in full-time work or education, or a combination of both, from 158 higher education institutions around the country. Four institutions had 100% of graduates in full-time work or education - the average for Britain was 92.5% and the lowest was 76.1%.
Last night Hesa said the figures should not be regarded as a league table. "The higher education sector is extremely diverse," it said in a statement. "Each institution has its own distinct mission, and each emphasises different aspects of higher education."
Related links
14.12.2004: Employment indicators for students in England 2002/03
14.12.2004: Employment indicators for students in Scotland 2002/03
14.12.2004: Employment indicators for students in Wales 2002/03
14.12.2004: Employment indicators for students in Northern Ireland 2002/03
14.12.2004: The tables explained: Performance Indicators in Higher Education in the UK 2002/03
____________________ “Nobody can give you freedom. Nobody can give you equality or justice or anything. If you're a man, you take it.� -Malcolm X
____________________
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