It was reported yesterday that university applications in the UK have fallen by 8.9% this year.
The results are thought to be due to higher tuition fees – this year will see the first year of higher fees, with some courses costing up to £9,000 a year. That’s triple what they were a few years ago.
So, with around 50,000 less people applying to universities this year, could it mean that people are struggling to see the value in it? There’s no denying that university gives candidates experience, a peak into their chosen industry and obviously plenty of content for their CV. But with the costs constantly rising is the financial expenditure worth it? And can it help you secure career progression in the future?
Managing Director Craig Stovold believes you can get your ideal job through hard work and dedication, “For me university was never an option as I didn’t want to move into a profession where it was a requirement to have a degree level qualification and I couldn’t justify three + years of study and debt accumulation just to continue a college lifestyle. I think with the new tuition fees more people are taking this kind of considered approach to university and unless it’s necessary for your dream job, like becoming a doctor for example, then I personally think you are better off getting out there into the big wide world of work. I’m not against education though – just because you stopped going to school doesn’t mean you should stop learning.”
Although applications have fallen, it’s the first time since 2006 and the drop is thought to be temporary. Lois Avery, a Journalist in Singapore, graduated from university five years ago and doesn’t regret her time at university, “In my view, the life experience was worth the debt. But I’m not sure I would say the same today given the tuition fees. As much as I loved uni, I’d consider it more carefully if I were going to apply this year.”
High tuition fees may have put some people off but Jack Kazi has just completed his A Levels and believes university can really help him to find his ideal job, “I had a very difficult decision to make whether to continue my education or find full time work as soon as possible. Recently I have decided that if you are looking to get anywhere in the IT web design industry you must progress to the next level in order to gain recognition from big companies. Although the financial aspect is a bit scary when you take a decent look at the options open to you, you discover that help is at hand.”