A Government report has revealed large gaps between the
incomes of graduates from different degree courses, with those
who studied medicine earning nearly three times those taking
performing arts. Tertiary Education Minister Steven Joyce
welcomed the Ministry of Education report on the career income
prospects of people taking various tertiary subjects, saying it
would be useful for students when considering their career
''It's very clear that study at higher levels improves your
career prospects. I encourage young people to take every
advantage they can of their tertiary study opportunities to
obtain the skills to compete in the modern world,'' he said.
The report, being released today, reveals a large gap in the
earning power of different subjects, with medical school
graduates the top earners, with a median income of $109,977
five years after they graduated and performing arts graduates
earning the least, with a median income of $35,552 five years
after finishing study.
Mr Joyce said the data would be used by Careers New Zealand
in a new online tool allowing students to compare earnings by
qualification and field of study.
''The choice of study is very much a decision for students
and their families. The Government has committed to provide
better information to assist in making those choices, for the
benefit of students and for the very significant investment
taxpayers make in tertiary education,'' he said.
This report, called ''Moving on up - What young people earn
after their tertiary education'', would complement a new
report from the Ministry of Business, Innovation and
Employment on the demand outlook for major occupations, due
out next month, he said.
Income five years after graduating from selected courses.