Not all degrees are created equalPosted: 18th of December 2014 by
Are apprenticeships best? Graduates faced with high student debt and poor earning prospects would be better off skipping university, report says”*
A slightly misleading headline for an article on the findings of The Sutton Trust’s report ‘Earning by Degrees’ authored by Dr Robert de Vries but the report itself confirms one key truth – some young people hoping to forge a good and worthwhile career for themselves are choosing a pathway that does not suit that end.
It is too strong a claim to say that apprenticeships in general are better than full time university degrees and indeed this is not a key finding of the Sutton Trust report – suggesting this is as detrimental to informing young people who have choices to make as telling them that apprenticeships are a fall-back option or an option for the less able.
The truth is that some full time university degree courses result in a great deal of debt and less chance of being in full time employment in the same field within six months of graduating than others. It is also the case that graduates of some fields of study are likely to earn higher average salaries than graduates of other subjects.
In this respect some young people may be better off undertaking an apprenticeship than studying full time at university for a degree. One of the key indicators of the report is as Sir Peter Lampl, the trust’s chairman has noted that “not all degrees are created equal”.
We have written on this previously in our article of which subjects are likely to lead to gainful employment and good pay, which you can read here.
The good news is that the creation of degree apprenticeships starting in September 2015 means that young people do not need to choose between the two – there is indeed an option to do an apprenticeship whilst gaining a degree without the accumulation of fees. You can find out about new degree apprenticeships here.
You can also read the full report from The Sutton Trust here.
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