This comprehensive report delves into the persistent gender pay gap within the UK's higher education sector. Despite an environment where women are increasingly visible in both student and staff roles, a wage disparity remains, with women earning on average 11.9% less than their male counterparts across all roles. The report quantifies the gap and…

Government backed income contingent student loans are an increasingly being used to fund higher education. An income contingent repayment plan acts as an incremental marginal tax on labor earnings, which could cause individuals to distort their work effort. This paper uses an administrative dataset from the UK that links student loan borrowers…

This brief analyzes the latest higher education data and government wage statistics to examine the number of unpaid graduate interns in the United Kingdom and the cost to an individual of doing an unpaid internship. It also includes newly published Ipsos Mori polling on attitudes to unpaid internships. Key findings in this brief include: (1) 31%…

This report looks at the scale of the gender pay gap between male and female graduates and the factors that may influence this. It finds the overall graduate gender pay gap is not wholly accounted for by subject of study, type of university attended, prior attainment, social background or ethnicity. It also explores differences in approaches and…

A fundamental shift is taking place in the way we think about the future of work and its relationship to education, training and the labour market. Until recently, expanding higher education was widely believed to result in higher earnings, reflecting an insatiable demand for knowledge workers. In the United Kingdom, this race to higher education…

Recent research on economic returns to higher education in the United States suggests that those with the highest wage returns to a college degree are least likely to obtain one. We extend the study of heterogeneous returns to tertiary education across multiple institutional contexts, investigating how the relationship between wage returns and the…

This article reports an analysis of the relationship between women's increased participation in higher education and other recent social changes over the last four decades. To date, women's increased involvement in higher education has been studied as either a force for or a consequence of other sociocultural changes. Drawing on data from key…

In this article, the authors find that, during financial crises, the wage gap between female and male accounting professionals declines and gender inequality in higher education is affected. In addition, less support and lower wages for disabled accounting professionals demotivate disabled students in accounting higher education. Because of budget…

Data show that educated workers earn higher wages and are unemployed less often. Some researchers believe that education improves a worker's productivity (or "human capital"), making them more desirable on the job market, while others believe that it improves a worker's network (or "social capital"), giving them more…

We examine the links between various measures of university quality and graduate earnings in the United Kingdom. We explore the implications of using different measures of quality and combining them into an aggregate measure. Our findings suggest a positive return to university quality with an average earnings differential of about 6 percent for a…

Much has been written about the glass ceiling and pay differentials in higher and further education (HE, FE) for women academics (McTavish and Miller 2009, Rees 2007) but very little about discrepancies for women "professional managers" within UK higher education. Professional managers as a term needs to be defined as universities call…

A large proportion of the gender wage gap is usually left unexplained. In this paper, we investigate whether the unexplained component is due to misspecification. Using a sample of recent UK graduates, we introduce variables on career expectations and character traits, variables that are typically not observed. The evidence indicates that women…

Reacting to an article by Sir Bryan Hopkin in the previous (Winter) issue of "Economics," the author maintains that it is misleading to debate whether the level of real wages causes unemployment and criticizes the use of time series data to support such arguments. Uses data from the United Kingdom and several other countries to…

Maintains that the level of real wages is not an obstacle to the achievement of full employment. Covers such topics as aggregate demand and supply, the argument about inflationary pressures, the open economy, and real wage objectives in responding, point by point, to the arguments noted by Ms. Levancic. (JDH)

A survey of 1,875 art and design graduates in the United Kingdom found significant variations in income among subject areas. However, even accounting for subject, graduation year, and age, males earn significantly higher salaries than females. (SK)