Is university worth it? A university education costs both time and money, potentially putting students into a lot of debt as they start their working lives. Also, couldn’t time spent studying be better used in the labour market, gaining solid experience?
It’s true that graduates, on average, tend to earn more than non-graduates. However, does it always outweigh the time and money invested? In the UK, for example, one-third of male graduates only see a “negligible” increase in pay, despite the high costs of a university education.
What do our readers think? We had a comment from Iva, who tells us that a lot of young people in her country think a university education is wasting precious time that could be spent working and getting experience. Is she right? Is a university education worth the investment in time and money?
To get a response, we spoke to Malcolm Byrne, Head of Communications at the Higher Education Authority of Ireland. How would he respond?
Next up, we had a comment sent in from Stefano, who argues that a university education is critical because it “determines the role that each person plays in society”. But isn’t that a bit of an old-fashioned view of how society works? After all, entrepreneurs like Mark Zuckerberg and Bill Gates managed to get ahead without a university degree. Isn’t it more about skills and experience these days?
To get a reaction, we spoke to Eva Sadoun, Co-Founder and CEO of LITA.co, a crowdfunding platform dedicated to social entrepreneurship and to sustainable development. As an entrepreneur herself, what would she say to Stefano’s comment?
Is a university education worth the investment? Or is it becoming less relevant than it was in the past? Does it too often leave graduates in debt and without solid work experience? Let us know your thoughts and comments in the form below and we’ll take them to policymakers and experts for their reactions!