Can you afford not to go to university?
Release Date: 08 April 2010
Increasing numbers of young people are now choosing to attend university. But could the higher education funding cuts now discourage young people who want to attend? Students considering their options post-A-Level could possibly begin to view university as a higher risk as they fear that in view of the funding cuts they may have to pay more to attend.
The government claims that a graduate will earn £100,000 more over their working life than an individual who has chosen to leave the education system after completing A-Levels and it is still trying to reach a target of getting 50% of people aged 18-30 into higher education.
But remember, the course you choose to study and the institution into which you enrol also has an impact on your earning potential and ability to get a highly-skilled job post-university.
If these things are important to you, it is vital that you consider the likely ‘return’ that you will get on your chosen degree course and place of study.
The president of the National Union of Students, Wes Streeting, reminds us however, that completing a degree is about more than just the expected financial reward. Attending university provides a broad range of experiences that may not be so easy to gain by transferring straight into the world of work.
University is not the right route for everybody. Consideration should be made for what you want to achieve in life and how you are going to get there.