An apprenticeship and career in the trades is just as financially lucrative across a lifetime as a university degree, according to a new report by economic think tank BERL. In a project undertaken for the Industry Training Federation (ITF), BERL modelled the costs and benefits of an apprenticeship versus a degree across a working lifetime. Using average wages at each age during the career path and factoring for average student loans, house prices and savings rates, it was found that the financial position at retirement for someone with a level…
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