Property News · January 13, 2015

Aldi offers graduates a £42,000 starting salary – is it enough to pay off your student loan?


Starting salaries for graduates are increasing. But given accumulated student fees and loans, how do the numbers stack up for university-leavers?Things are looking up for students. A report from High Fliers, a graduate research company, has found that the number of graduate jobs being offered by the top 100 UK employers rose by 7.9% last year, and is expected to rise by about the same amount in 2015.The amount graduates get paid is rising, too – for the first time in five years. Among those top 100 employers, the median starting salary has now reached £30,000pa. (Among employers generally, it is somewhere in the mid-to-high £20,000s.) There were even tales of investment banks offering graduates up to £50,000, and humble Aldi paying £42,000 – a nice wage packet for anybody, let alone a 21-year-old working at a budget supermarket. So, given the recent changes to student fees and loans, what will life for today’s graduates be like? Continue reading…

Source : theguardian.com
Read more…Aldi offers graduates a £42,000 starting salary – is it enough to pay off your student loan?

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