Why Uni Might Not Be Right For YOUPosted: 29th of January 2015 by
University has a lot to offer – with independence, surrounded by your peers and enjoying the ‘student lifestyle’ as you work to earn a degree, it is certainly an appealing prospect for many people. Aside from the social aspects, there are statistics that say university graduates can earn over £150,000 more than their non-graduate friends over the working life. However, these statistics don’t tell the whole story, and with student debts and a shortage of graduate jobs in some sectors, it seems that for some, university isn’t the sure-shot route to success many believe it is.
Your earning potential after university very much depends on what you studied, and where. Oxford and Cambridge graduates have been shown to boast starting salaries thousands of pounds per year higher than their peers from other universities, while medical students can expect to earn more than those who took subjects like history, English, or psychology.
For many, an apprenticeship offers a good alternative to university. Without the debts incurred by tuition fees, and with a small salary while you learn on the job, often coupled with some classroom-based study, offers a solid entry into employment. Apprentices tend to earn more than those who went straight to work after A Levels, and starting salaries can outstrip that of graduates.
In some areas, an apprenticeship can prove to be the smartest choice – such as in careers in finance, where an apprentice recently announced that she would be staying with the firm that employed her as she looked set to qualify as a chartered accountant ahead of graduate recruits who were the same age as her.
With 47% of recent graduates taking up non-graduate roles, there is also the question of whether all that ‘investment’ in tuition fees is worth the debt it brings? This situation is more likely if you graduate with a degree in subjects like performing arts. Instead, might it be worth looking at other ways to pursue the arts, while taking an apprenticeship in something that would lead to a solid back-up career?
Whether you decide university is right for you or not, it pays to know the alternatives, as well as the real truths behind the university dream. Perhaps it is time you took a fresh look at all the options?
For more on this, why not look at the selection of options right here on NotGoingtoUni:
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