... limited knowledge a full time students university years are expensive enough already. After all 'educational attainment has a very strong relationship with income' and the extent to which a person benefits from third level education may well depend on how much they can afford to spend on its completion. This trend is continued in employment, as 'better-educated people are less likely to be unemployed' and also tend to earn more in employment. (see table 1) This reinforces the famous cliché - the rich get richer. Earnings Band Level of education attainment £2,000-£4,999% £5,000-£9,999% £10,000-£14,999% £15,000+% Degree 9 12 28 60 A level 3 8 7 7 GCSE 21 27 19 12 Third level education does however make a considerable impact on economic growth as a wide range of research evidence has suggested that 'high standards of education and training are a pre-requisite for high and sustained levels of economic growth.' When associated solely with education rapid economic growth is linked with primary and secondary enrolment rates. The key element to a successful economy ...

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