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.
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 |