The economic crisis has raised unemployment, universities have reduced their available spots, and tuition is becoming inaccessible to the poor and middle class. So, is a college education really worth it?
Students must be certain that they want to go to a college these days. Though motivations vary – pressure from home, aggressive marketing, or social tendencies in the political arena – a university education is considered a good investment because higher pay has traditionally followed a higher education. However, many students argue that their decision is not only about money and that they see the value of a college education as a way to expand their knowledge and learn independence.
Students have to learn the hard lesson that going to a university is not enough. You also have to study the right subjects, not just your preferences. This way, you will have business contacts for when you graduate. Many students try to avoid the toughest subjects, such as math and chemistry, and instead, they choose the œeasy” or “ fun ones. They waste their time by choosing fields in the humanities that give little prospect of landing a job.
For instance, some students receive futile degrees in media, photography, or fashion, so they can get interesting jobs. However, employers will take advantage of them because they have many candidates to choose from since the market is already over-saturated.
I am not saying that the humanities is the wrong way to go, but graduates in those subjects have lower wages and are less likely to find work in their fields compared to those who graduate with a degree in science. According to a study conducted by Andrew Sum, a labor economist at Northeastern University and leading expert on the youth labor market, more than half of all humanities graduates get jobs that do not require university degrees.
The tuition fees and certain majors are the two main reasons to discourage students from going to college. First, the idea that they will be spending their twenties and thirties paying off their university or college debts once they have graduated is a big negative, and second, their preferred major will not guarantee them a job in their field, or they will end up working menial jobs.
According to a report by myUface in 2009, U.K. tuition is between $5,500 and $28,500 USD per year, whereas in the U.S., the tuition is between $5,000 and $30,000. On top of that, you must add $8,000 for living expenses, if the student moves away from his or her hometown.
I am not discouraging students from going to a university, but they have to take tuition fees and their chosen field of study into account before they make their final decision. Choosing a science degree is a safer investment than a humanities degree because there are more jobs and less competition. Nowadays, majoring in the humanities field is a gamble, but if students want to succeed in this competitive field, they must know that there will be blood, sweat, and tears all the way.
If students do not choose higher education, there are other interesting professions, such as becoming an electrician or plumber. You can make good money, and skip three or four years at a college or university and the financial struggle from student loan debts. Dear students, the decision is yours.