New research released this week has shown that graduates from Oxford and Cambridge earn, on average, £10,000 a year more than their non-Russell Group University peers, and more than double what those with no qualifications will earn.
The complex moral judgements involved in this issue are too vast to be able to say whether or not this is ‘good’, ‘just’, or ‘fair’. It is undoubtably true that getting through the years of an Oxbridge degree is tough work, and that’s after having gone through the stringent admissions process.
What is key, therefore, is to think about how Oxbridge graduates can take this advantage and put it to good use. Campaigns such as 80,000 Hours and Giving What We Can make an honourable attempt to encourage people to turn earnings into philanthropic deeds (aside from the odd poorly calculated event in Clare Cellars).
They do not go far enough. 10% is paltry when you’re on an income in the top rate of tax. We, who are in a position of such enormous privilege, must do everything we can to make the world a better place. The moral onus falls squarely and surely on us.