This system not only gives a huge advantage to the people who are most likely to become high earners, but a particular advantage to the men who become high earners. Across all subjects, the government’s study (conducted by the Institute for Fiscal Studies) found that the pre-tax discounted benefit of going to university was ?260,000 for women, and ?430,000 for men.
In this irrational market, women who want to invest in a university education are asked to believe despite centuries of evidence to the contrary that things will quickly change, and they will earn as much as men over their lifetimes. Continue reading “Younger workers are already living with the results of such thinking”