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<p>Research published in 2015 demonstrates the high level of return to investment
delivered by the apprenticeship programme. Apprenticeships at level 2 and level 3
deliver £26 and £28 of economic benefits respectively for each pound of government
investment. This can be found at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/435166/bis_15_323_Measuring_the_Net_Present_Value_of_Further_Education_in_England.pdf"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/435166/bis_15_323_Measuring_the_Net_Present_Value_of_Further_Education_in_England.pdf</a>.</p><p>In
October 2018, we published our Further Education: Outcome Based Success publication
2010/11 – 2015/16, which covers the destinations (into employment and learning), earnings
and the progression of learners: <a href="https://www.gov.uk/government/collections/statistics-outcome-based-success-measures"
target="_blank">https://www.gov.uk/government/collections/statistics-outcome-based-success-measures</a>.</p><p>The
publication reveals the average earnings, by level, of those who achieved an apprenticeship
in 2015/16, one year after completion:</p><ul><li>Level 2: £15,700</li><li>Level 3:
£17,700</li><li>Level 4: £22,100</li><li>Level 5: £25,100</li></ul><p> </p><p>Over
the past few years we have introduced major reforms to apprenticeships. As the system
is still adapting, it is too early to know the full economic and earnings benefits
that these changes will bring.</p><p>Our Apprenticeships Reform Programme Benefits
Realisation Strategy, published in March 2017, sets out a broad range of success measures
for the programme. We publish annual progress updates, of which the most recent can
be found at: <a href="https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/707896/Progress_report_on_the_Apprenticeships_Reform_Programme_May_2018.pdf"
target="_blank">https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/707896/Progress_report_on_the_Apprenticeships_Reform_Programme_May_2018.pdf</a>.</p><p>We
will be publishing our 2019 update shortly.</p><p> </p>
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