Medicine has been found as the highest paying graduate salary in a new release of statistics
At the age of 18, young people have the responsibility to make the decision regarding their education, by choosing their subject choice to study. Most people choose the path of the university to gain a higher earning job, however, there are also those of us who prefer the enjoyment of education over the money. But, do you really know how much money you might possibly earn after graduation?
According to the Department for Education, medicine is the highest earning graduate salary. However, students who graduate with a creative arts degree have the lowest average salaries which approximately stand at £20,200 five years after graduation.
Statistics which were drawn from the declared self-employment earnings data suggest that the average medical graduate is estimated to earn over £45,000 5 years after the completion of their course. However, even though medical students were earning the highest median salaries after 5 years, those who studied economics were more likely to earn more at the higher end of the scale, bringing in an earning of £54,500 after 5 years.
The figures that have just been released are a part of the Governments new regime to allow people to compare different degrees and different universities before they apply. For people who are attending university to gain a higher paying job, in the long run, the recent ramp-up of effort and release of statistics should hopefully now help them make the right choice.