What’s the point?
On average, someone of working age without a degree is making £22,000 a year. This is also a great wage. However, when you have a degree, your value massively increases because of all the skills and expertise your education has helped you to develop. So, on average, someone of working age with a degree is making about £31,000 a year. This is a whopping £9,000 more than someone without a degree!
Of course, money shouldn’t ever be the sole incentive, but it’s a good example. Those people are earning more because they are more skilled and therefore the pool of jobs, they are applying for increases massively.