Medicine: Education

(asked on 9th September 2016) - View Source

Question to the Department of Health and Social Care:

To ask the Secretary of State for Health, what the average earning rate is of graduates who studied medicine 10 years after graduation; and if he will make a comparative assessment of that level of earning with the average earning rate of (a) all, (b) mathematics and computer science, (c) law, (d) economics and (e) nursing, midwifery and physiotherapy graduates.


Answered by
Philip Dunne Portrait
Philip Dunne
This question was answered on 19th September 2016

A study by the Institute for Fiscal Studies in April 2016 looked at graduate earnings 10 years after graduation.

Only economics and medicine graduates are outliers with much higher earnings than would be expected given A-level performance as compared with their peers in other subjects.

Selected graduate earnings (£000s) by subject of degree (includes those without earnings)

Female

Male

Percentile

Percentile

20th

50th

90th

20th

50th

90th

Medicine

23.7

45.4

68.8

33.0

55.3

84.7

Maths and computer science

3.3

22.0

53.3

6.4

26.8

57.5

Law

4.8

26.2

62.8

3.5

30.1

79.5

Economics

20.3

38.2

93.9

6.6

42.0

121.4

Subjects allied to medicine

4.2

22.1

40.6

7.1

27.9

49.1

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