Graduate salaries

Meeting: 
MQT on 2015-01-21
Session date: 
January 21, 2015
Reference: 
2015/0350
Question By: 
Fiona Twycross
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

The Sutton Trust recently reported the difference in graduate salaries depending on what university you attended. It was noted that the chance of going to a top university is nearly ten times higher if you come from a rich rather than a poor neighbourhood, and this will contribute to the widening of the gap between rich and poor as those who are already from more affluent backgrounds and attend university tend to earn more throughout their life. Given your involvement in London's HE and FE sectors, for example through the LEP, what action are you taking to stop the gap widening further between rich and poor in the next generation of young Londoners?

Answer

Answer for Graduate salaries

Answer for Graduate salaries

Answered By: 
The Mayor

It is important not to overlook the success of young Londoners in achieving higher than average exam results and going to university, nor the success of our apprenticeship campaign which includes higher level apprenticeships. I am improving the quality of careers advice in the capital which will provide young people with better information and guidance on choosing subjects, university courses and future work opportunities. I am also looking at the potential for European funding to better support young people to access higher education and skills and to move in to higher skilled work. The LEP held a roundtable with London universities recently and work is ongoing to increase the engagement with business, including work opportunities for graduates.