September 7, 200718 yr The worthless degrees that add nothing to your pay Last updated at 15:26pm on 7th September 2007 Comments (1) Graduates with degrees in accountancy will earn almost double in their lifetime than their counterparts with an arts degree, research suggests. Despite spending thousands on their higher education, some arts graduates are no better off than if they had only taken A-levels, a study by the Institute of Education reveals. Only women with politics degrees could find themselves worse off than those with arts qualifications. Scroll down for more... Accountancy graduates can earn almost double in their lifetime than counterparts with an arts degree But accountancy graduates gained the most financially, earning up to 40 per cent more than arts graduates. The study, presented at a conference of theBritish Educational Research Association in London today, blames a surplus of graduates, particularly in the arts. In the Eighties only five per cent of the UK workforce had a degree but now almost one in four people is a graduate. Latest figures from PricewaterhouseCoopers show that the average university graduate earns £160,000 more between the ages of 21 and 60 than someone with A-levels alone.
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