 A study in 2014 found that unemployment rates among former apprentices one year after completing their apprenticeships were one-third those of university graduates one year after finishing their degrees.A 2015 study by the Sutton Trust found that, while average net lifetime earnings for those who had completed level 5 apprenticeships were higher than those for graduates from non-Russell Group universities, most apprenticeships offered were at levels 2 and 3, providing little improvement over earnings from secondary school qualifications.The report also found that apprenticeships had a lower perceived value compared to degrees in Britain than in many other countries.