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Published 21:41 26 Jul 2018 BST
Updated 21:43 26 Jul 2018 BST
Estimated earnings by length of stay in the villa (Credit: Frontier Economics)[/caption]
Economists at Frontier Economics have established a journey ITV2's vehicle for Instagram fame pays better than three years of academic rigour at one of Britain's best universities.
Kristine Dislere, who studied economics in Canada, said: "If you’ve got an offer from Oxbridge and Love Island, you’re better off going on Love Island."
The advice is something that the British public appear to already know. There were more applicants for Love Island this year than there were to study at Cambridge and Oxford. 85,000 people applied for the TV show, with 60,000 on launch day alone, compared to 37,000 to the prestigious universities.
[caption id="attachment_192018" align="alignnone" width="587"]
Probability of remaining in the villa for a percentage of episodes and expected
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