KPMG to pay undergraduates

School-leavers could be paid upwards of £20,000 a year while they study at university, in a landmark scheme launched by KPMG yesterday. The programme is the latest attempt by Britain’s leading accountancy firm to capitalise on anxiety over rising university fees. High-achieving school graduates who commit to a six-year training contract will be put through an accountancy degree at the University of Durham Business School and receive a professional practising qualification from the Institute of Chartered Accountants in England and Wales.