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UCU comment on highest level of graduate unemployment for 17 years

1 November 2010

UCU today said that the government could not sell its plans to increase the cost of a university education on the back of 'specious graduate pay premiums.' The union was responding to news that graduate unemployment is at its highest level in 17 years at 8.9%.

UCU general secretary, Sally Hunt, said: 'Graduates are facing an increasingly competitive job market and leaving university with record levels of debt. We believe there all sorts of benefits from a university education. However, the government cannot make a case for increased contributions from graduates, students or their parents based on specious graduate pay premiums.
 
'Graduates are an investment in our country's future and the fear is that an uncertain job market, coupled with the government's obsession over earnings, will turn talented people away from university, which is not what the UK needs if we are to become a high-skill high-wage economy.'
Last updated: 11 December 2015

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