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i_agree_with_nick
16 May 14 11:44
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Date Joined: 21 May 10
| Topic/replies: 14,083 | Blogger: i_agree_with_nick's blog
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http://www.telegraph.co.uk/education/universityeducation/10834895/One-in-five-university-graduates-become-millionaires.html
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Report horusisis • May 16, 2014 11:50 AM BST
the other 4 work for mcdonalds
Report i_agree_with_nick • May 16, 2014 11:55 AM BST
Yes - I doubt the figures for graduates will be as high in 10-20 years time (allowing for inflation). Everyone seems to go to university these days
Report Aunty Post • May 16, 2014 12:22 PM BST
They are all Chinese!
Report the.mad.dog.man • May 16, 2014 12:36 PM BST
buy 3 or 4 horses run them round the gaffs get a bit of form then lay them Laugh
Report Dr Crippen • May 16, 2014 12:46 PM BST
Most millionaires have gad a good start given to them by their parents.
Others simply inherit their wealth.
I should imagine the two go together in many cases.

I'd like to see the figures for degree holding millionaires who built up their wealth from scratch, without any help from their parents.
I doubt that there would be many of them.
Report Burton-Brewers • May 16, 2014 12:48 PM BST
sue your boss
Report Tom • May 16, 2014 12:49 PM BST
You have to love some stats and how misleading they can be.

The numbers don't include mortgages that people may have....

Yes I have this million pound house but have a £800k mortgage on it...millionaire you are then.

Completely agree Dr Crippen. Very few will have made a million in their own right.
Report Zazu • May 16, 2014 2:02 PM BST
Renter vs Home owner has a far superior impact on wealth than any school education imo
Report dizzydavid1 • May 16, 2014 5:16 PM BST
Tom...completely agree...ridiculous to call someone a millionaire without taking into account their debt. Poor journalism, to use the phrase "net worth" while admitting that the figures don't take into account outstanding mortgages. Based on their logic someone with a £500k mortgage debt on a £600k house is richer than someone with a £50k mortgae debt on a £400k house.
Report sideshowbob • May 16, 2014 8:15 PM BST
theyre nearly all foreign students with millionaire parents 1.01
Report Ramruma • May 16, 2014 9:29 PM BST
And of course, inflation means being a millionaire is not what it was. Anyone with a big house will be half-way there.
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