With increasing tuition fees and worries about student debt, it makes you wonder if going to college really is worth all that time and money. There are definitely practical reasons for just finding work straight out of college. However, having a degree has its advantages!
Increased Chances of Employment
As much as we want jobs to be more acceptable, it’s hard to deny the fact that most companies still favor those who have received some form of education. Statistics Canada says your chances of getting hired increases around 20 to 40 percent if you’re a college graduate. On top of that, companies across all sectors are increasing their job requirements.
A lot of today’s discussion talks about the advantages and disadvantages of education over experience. While there’s a definite plus side to working while others are spending years studying, the two are not mutually exclusive. You can still gain valuable experience while studying by applying for internship programs or doing volunteer work for professors. These would give you working experience in more specialized fields.
College may seem costly at first, but the difference in pay , in the long run, make up for it. Degree holders earn more than high school graduates according to statistics. While the gap between high school grads and degree holders are relatively narrow in Canada, many of them don’t just rely on a high school diploma, but they are actually pursuing other forms of education.
Many jobs require certain skills and knowledge that can’t be gained by mere experience. In fact, the labor shortage in Canada right now is not because there aren’t enough applicants. Rather, there is a shortage of skilled workers that actually qualify for these jobs. The Canadian Federation of Independent Business (CFIB) reported that job vacancies reach up to 4.5% in some industries. The top industries on the list are personal services, construction, tourism and hospitality, and enterprise management.
Increasing global competitiveness is making skills training a necessity these days. Even just having an associate’s degree or a certificate can improve your chances of employment. For many, having knowledge and skills is a matter of life and death. Flight attendants, for instance, need safety and security training in case something goes wrong in the air.
More Opportunities Abroad
A great thing about higher education is that you can carry it with you wherever you go. If you want to go to work overseas, then you’ll still have some qualifications with you. Going back to our example with flight attendants is a good start. Airlines actually have a diverse crew. With a degree, you can end up with an airline that travels halfway across the globe!
On the chances of an economic recession, having a degree can mean you’re less likely to get fired. Studies show that those with degrees and skills training have better chances of keeping their jobs compared to those who only have a high school diploma. On the chances that you do get laid off, a college grad can find jobs much faster.
Ultimately, it all depends on the kind of career path you want to pursue. You have to consider the requirements and training needed for certain jobs. However, there’s definitely a lot of value in getting a higher education, especially in this economy. If you want to build the skills to become a flight attendant, sign up for Eton College’s Flight Attendant Preparation Program! They have the facilities to give you first-hand experience and a student service hub that will help you get hired!