How education affects your salary


It seems obvious that better educated people are more likely to earn a higher wage. People get into debt to go to university with the understanding that it is going to pay off with a higher wage later. People are not even eligible to repay most types of student loan unless they are earning over a certain amount of money, which indicates that even the student loan organisations assume a degree-educated person will earn a high wage. A higher education will also make gaining a higher wage a little easier, for example, people with a degree are able to walk into a management job at Tesco, where a person with A-levels would be required to work his or her way up to the position. Continue reading