Graduate careers

One in five students lose money by going to university, IFS finds | Education

One in five students would be financially better off if they skipped higher education, according to groundbreaking research that compares the lifetime earnings of graduates and non-graduates. Analysis by the Institute for Fiscal Studies found while 80% of former students gained financially from attending university, about 20% earned less than those with similar school results who did not attend, highlighting how some subjects, such as creative arts, offer negative financial returns. The IFS research – which uses tax data to…

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Alarm at Ofsted-style plan to rank universities by graduate earnings | Education

Government plans to introduce Ofsted-style rankings for universities, with courses that produce lower salaries labelled as failing, would punish institutions outside London and threaten arts and humanities courses, worried academics are warning. In November the Conservative manifesto set off alarm bells in universities by promising to tackle “low-quality courses”. Now senior academics close to Westminster say the government is pressing on with this in a plan that could replicate the four Ofsted categories used for schools, flagging up university courses…

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The trouble with ‘side hustles’ at university | Education

They’re known as “side hustles”, but more often than not, they’re lifelines for students and young people. The side hustle is a way to make money from a hobby or skill and comes in many forms, from artwork to running a start-up. They can provide relief for those under financial stress – but they can also leave students thinly stretched. Oxford PhD student Chelsea Haith was already spending the main portion of her day on her laptop, so she reasoned…

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How much part-time work should I take on while studying? | Education

“I couldn’t afford to be at uni if I didn’t work,” says Mathilda Wilde, who graduated from the University of Manchester last year. “The loan didn’t cover my rent.” Wilde worked two jobs – one as a lifeguard and one as a waitress for a catering company – during her studies; both were on zero-hour contracts. “I was under 21 so I was earning about £6.50 an hour and often working 5am to 3pm,” she says. “I was always envious…

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‘I wish I’d delayed coming to the UK’ : overseas students call for further visa extensions | Education

International students at British universities fear the government’s plan to offer two-year post-study work visas to future students could leave them worse off if the extra time is not given to them too. Last week the government said foreign students will be offered a two-year work visa after graduating from a British university. But the new policy will only apply to those graduating from summer 2021, according to the announcement. The current immigration policy, controversially put in place by Theresa…

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How to survive the graduation slump – by recent graduates | Education

Graduating has always been about more than flinging a cap and picking up a scroll. When I finished my master’s degree in January, it felt like the first time in years that I had to – was able to – stand back and take stock. What did I want to do? Where did I want to go? For many, it’s the first time in your life that you’re properly in the driving seat, and (pans, duvets and a plant-sale cactus…

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