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Graduates and pay.

Graduates and pay.

Young graduates in England need a postgraduate degree to get significantly ahead in earnings, official income data suggests.

Graduate earnings figures show that up to the age of 30, postgraduates typically earn £9,000, or about 40%, more than those without degrees.

This is double the £4,500 per year gap - about 21% - between those with an undergraduate degree and non-graduates.

Universities Minister Chris Skidmore welcomed the "graduate premium" in pay.

The graduate earnings figures for 2018, published by the Department for Education, show that for graduates aged between 21 and 30, the typical salary is £25,500, compared with £21,000 for non-graduates.

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