Most, if not all, supermarkets pay more than the 'minimum wage' with rates ranging from £12 per hour to £13 per hour (Lidl) outside of the London catchment area, where the rates are higher. Still nowhere near, in my humble opinion, a satisfactory living wage.
I wonder at what level of minimum wage it becomes not worth going into further education. Soon, unless you’re going all in, there won’t be much point in the extra years unpaid and racking up debt to consider further education.
In general. Graduates earn 37% more by the time they are in their 30s than those who chose not to attend university. Graduates earn around on average £40k in their thirties compared to £29k. For those not. Loans to students are only repayable after £27 k+ at 9% above that level apparantly. After 40yrs written off. So I think we are a long way off thinking it may not be worth it. Admittedly for a minority it will. But figures in general say otherwise for a majority. My 2 sons have done/are doing well for themselves one a graduate one not. But both put the effort in. To better themselves.
