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Shrinking graduate premium sours views on value of a university education, UK poll shows

Shrinking graduate premium sours views on value of a university education, UK poll shows

Summary

A UK survey shows fewer people now believe a university degree is worth the time and money. Rising student debt, high tuition fees, and worries about fewer graduate jobs because of technology have made many question the value of higher education.

Key Facts

  • The percentage of people in the UK who think a degree is not worth it rose from 14% in 2005 to 34% in 2025.
  • Only 36% now believe university graduates will be much better off financially than non-graduates, down from 50%.
  • University attendance in the UK grew from 6% of school leavers in 1983 to 36% in 2025, with over 2 million students enrolled.
  • Tuition fees increased from £1,000 a year in 1998 to £9,535 a year now, plus living costs.
  • Many graduates are unhappy with frozen student loan repayment thresholds and interest rates higher than inflation.
  • Experts say graduates still have better job prospects and earnings, but economic growth is slow, limiting rewards.
  • A leader from the student union says the current funding system harms students and causes growing debt.
  • Universities are seen as important for personal growth, social mobility, and the economy, but reforms may be needed.
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