Last week the DfE published and interesting bulletin about graduate outcomes for all subjects by university using three time periods. The full details can be found at https://www.gov.uk/government/statistics/graduate-outcomes-for-all-subjects-by-university However, there needs to be a word of warning for anyone looking at the ‘Education’ information. Firstly, this should relate only to undergraduate outcomes, so PGCE and similar courses ought to be excluded, unless they are specifically a first degree outcome. Secondly, the JACS code used for ‘Education’ annoyingly covers both courses leading to QTS and those that just relate to the academic study of education in some or all of its guises. This lack of demarcation between professional and non-professional degrees is somewhat irritating, as at some universities there are students on both programmes and it seems impossible to differentiate their outcomes. This also makes comparing the education data with other subjects less than totally helpful.
However, Education, along with nursing, has a relatively flat profile in relation to median earnings five years after graduation. In subjects, such as law, the profile is exaggerated at both ends, with Band one universities providing the bulk of those at the higher end of the scale, with band two and three universities more frequently towards the lower end of the scale. Indeed, in law, the difference is around threefold in earnings with the median at the top end being around £60,000 after five years of graduation from one university. For Education, the highest median is around the £35,000 mark.
In most subjects, male graduates earn more than their female companions who studied alongside them as undergraduates. Indeed, for all subjects except English Studies, male median earnings exceed female median earnings at more than 50% of institutions offering that subject. In 12 subjects, male earnings are greater than female earnings at more than 75% of institutions.
It is in the remaining in employment information that the lack of separation between those on professional education degrees and others may be more starkly seen. Nursing degrees score the highest in terms of those with sustained employment or further study. Education graduates while towards the top of the list are probably not as high up the table as they would have been if those on QTS courses had been considered separately. Hopefully, the work that the NfER are doing at present on retention in teaching compared with other professions may throw some light onto this question.
For the graduates of 2008-09 that entered the job market in the depth of the recession, those with education degrees seem to have managed relatively well in terms of sustained employment, with only a relatively small proportion being self-employed. By contrast, those with degrees in the creative arts and design had the lowest proportion with sustained employment of study and a relatively high proportion of self-employed graduates.
This is interesting research from the DfE but, apart from the issue of professional and non-professional degrees in the same subject area there are also issues such as the subjects where a percentage of graduates may be working overseas after five years and not likely to feature in the data collected. Still, this looks like an exercise that will reveal the graduates most likely to repay their student loans.