The return from a student’s investment in higher education is not determined by the cost of the tuition fees but by the subject studied, a research has suggested.

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Although wage growth is stronger for graduates than for non-graduates, there are substantial differences regarding the subject, the grades and the sex of the students.

Men who study law, economics of management see their wage growing fast in their early career, whilst women do very well in all subjects.

The author of the student Ian Walker concluded that “higher fees would not have made much difference. The dominant determinant of the returns to your investment is the subject you study and how hard you study it”.

Source: Debora Miranda, Research Fortnight Today, 6 Dec 2010

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