Graduates who only just qualify for an upper second class degree earn over £2,000-a-year in their first graduate jobs than those who fall just short of a 2:1, according to a new study.
Research from the London School of Economics analysed the final marks of LSE graduates leaving between 2005 and 2010, comparing them with average industry wages.
Graduates with marks just above the 2:1 threshold were found to be earning seven per cent more than those who fell short of a 2:1 by just one mark, underscoring the huge impact of degree classification on graduate salaries.
There was a smaller variation between the earnings of graduates who had narrowly achieved first-class honours and those who fell just short, with the former taking home an extra three per cent (£1,000-a-year) from their graduate jobs.
Learn more about your earning potential by reading our graduate salaries in 2013 article.