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When he first came to power, Mr Blair proudly stated his party’s big focus was “Education, Education, Education�. A admirable enough focus and seemingly not an area one would couple alongside the horrors of frustration and increasing personal debt. But as time has gone on, as more and more colleges have acquired university status, and student loans have become easily available to so many more, schools have encouraged many more young people to go for degrees without actually pointing out the cost.
There’s no doubt that we should have a much more educated society, but are youngsters really obtaining the right advice? In reality; it isn’t a tricky sell to encourage an eighteen year old to leave home and live with a bunch of friends, not concern themselves about finding a job for several years and get cheap beer at the university bar. A bit of a basic interpretation perhaps – of course there’s a tad of lectures to go to, and a careful balance to keep afloat, then the rewards will be worth it eventually. Or will they? For many families, the real price of university education lasts for many years after graduation, both in social and financial terms.
Student Loans (the best method of borrowing for students at university), tuition fees, rent and the cost of life in general over the course duration can set you back well into five figures – and still no guarantee of a job. It’s ironic that intellectual adolescents too often are forced to return home because they can’t find work. Not only do fathers and mothers continue having to pay for everything, but frustrated adult children back home again can definitely get in the way!
A university education can be a great thing for young people, and is the only path for many of our professions. But advisors and families should know that in some areas, there are other, frequently more advanced alternatives. In the world of Information Technology, employers are always searching for professionally qualified IT professionals. University graduates frequently have to top up their IT training skills to be industry ready and fare in the job market against Microsoft, CompTIA or Cisco professionals. The sorry thing is they could have saved themselves three years and not been burdened with a five figure debt had they gone straight to a global online computer training provider. Perhaps drinking in the university bar isn’t quite so cheap after all – surely the bank of mum and dad would be a lot less exhausted, and there’d probably be more seating left on the sofa!.
(C) Scott Edwards - www.learninglolly.com. Scott Edwards has been involved in the IT and Training Industry for 30 years.
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