Put your money in graduates!

In the 90s it was houses.  Recently talk has been of gold.  But new research by Dr Anthony Hesketh of Lancaster University Management school suggests that putting your money into graduates will give you a 500% return with the break even point coming after 20 months.

Commissioned by the Government’s Backing Young Britain campaign, the news will come as welcome relief to graduates and universities in the face of reduced budgets this year and a dramatic downturn in graduate vacancies.

Already, it seems, some employers – such as PwC are heeding the advice and going long on grads by announcing over a thousand vacancies in 2010 (though still somewhat down from their normal intake of around 1,300.)  It remains to be seen if the rest of the market joins in on this latest gold rush.