Hi
My daughter is just finishing uni so I've seen first hand what some people there have done - they've ended up failing completely - so have wasted 3 years and £50k. But it's worse than that - in those 3 years, they could have earned £20k/year in minimum wage jobs - so in total, they are £110,000 down on where they could have been - and now they are 3 (or 4) years older with nothing on their CV. Also, the £50k part is gaining interest at over 5% - that's compounded too!
What would be the economic impact of doing more education? Would you be running up more debt and wasting more years to get more-or-less the same qualification? How old would you be when you finish and would that age and no experience be more negatives for you?
I think you have to ask yourself what job you actually want and work backwards from there. Would you be better off doing a completely different subject if you say you can't find work after gaining the qualifications you have? Would you be better off doing some BTecs at a local college to flesh out your CV?
Hi
My daughter is just finishing uni so I've seen first hand what some people there have done - they've ended up failing completely - so have wasted 3 years and £50k. But it's worse than that - in those 3 years, they could have earned £20k/year in minimum wage jobs - so in total, they are £110,000 down on where they could have been - and now they are 3 (or 4) years older with nothing on their CV. Also, the £50k part is gaining interest at over 5% - that's compounded too!
What would be the economic impact of doing more education? Would you be running up more debt and wasting more years to get more-or-less the same qualification? How old would you be when you finish and would that age and no experience be more negatives for you?
I think you have to ask yourself what job you actually want and work backwards from there. Would you be better off doing a completely different subject if you say you can't find work after gaining the qualifications you have? Would you be better off doing some BTecs at a local college to flesh out your CV?