Apr 092010
 

The other day, a (rather clever) student told me that she has no real need for all these stats classes, because she will be a journalist. I told her that the world would be a better place if all journalists underwent compulsory numeracy classes. Here is the proof from my favourite newspaper. How long does it take you to spot the glitch?

Young people in the East Midlands were the most down-to-earth of those surveyed, expecting an annual salary of £33,468 by the time they reached their mid-thirties. However, even this figure is still around £4,000 higher than the average.

Two-thirds of respondents also thought they would own a house by the time they were 25. In reality, only 14% of homeowners are aged 25 or under.

With the rising cost of higher education hitting students hard, recent figures suggest young people will be left with more than £20,000 of debt by the end of their courses. But the poll shows today’s school children do not realise how out of pocket they will actually be: the average expected figure was just half the reality.

http://www.guardian.co.uk/money/2010/mar/30/teenagers-expect-earnings-51000