YOUNG people often worry whether the qualification for which they are studying will stand them in good stead in the workplace. According to the OECD, college and university leavers are better placed in the labour market than their less educated peers, but this advantage is not even in all countries. Young graduates living in Spain are particularly likely to end up taking low-skilled work, while those in Luxembourg rarely take anything other than a graduate job. American and British students appear to have the biggest incentive to study: British graduates aged 25-34 earn $57,000 on average. Their Swedish peers earn $37,400.

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