8th December 2005, 01:30 PM
Quote:quote:I would be surprised if the rises in pay were directly related to student debts of new graduates. If that was the case how much do the recent pay rises actually help if you are in 13-15.000 debts from your studies already? Sounds like this may be just an inflation issue?
I think they may be related, but indirectly. Fewer grads due to increasing fees/debts leads to increased market value for the few entering the profession, leads to (eventually) higher wages.
There is absolutely no way that employers are going to increase wages out of sympathy for student debts. The market is much more brutal than that.B)