Is University Still Worth It?

Harmony Chen (9) | STAFF REPORTER

Increasingly, high school students are reconsidering the value of a university education. Tuition costs can be extraordinarily high, student loan debt reaches tens of thousands, and the investment of time, money and effort significantly reduces the appeal of post-secondary schooling.

Furthermore, many large companies have chosen not to require a traditional degree. Apple, Google, Tesla, and IBM, among others, have opted into prioritizing skills, experience, and potential in hiring.

However, the benefits of obtaining a university degree significantly outweigh the temporary, short-term losses this investment gives rise to.

With a degree, a wider range of career options is accessible, as well as a higher chance in securing higher-paying positions. The 2020 Statistics Canada Labour Force Survey indicates that median employment income for individuals with a bachelor’s degree is 60% greater than those with a high school diploma.

University education also leads to personal growth and development. Students nurture critical thinking, research, and communication skills. These skills are crucial for success in the workplace, as they translate into applicable decision making and problem solving abilities.

A diverse group of students and faculties are brought together, creating valuable networking opportunities. Building a strong and extensive network is pivotal in career advancement, as it allows for industry insight, access to hidden opportunities, and long-term career support, among other benefits.

Although the decision to pursue a university degree is based on each individual’s circumstances and career goals, this extended education equips students with a broad range of valuable knowledge and skills. 

University helps shape students into well-rounded, intellectually curious students who are better prepared to solve complex challenges and make positive, lasting impacts, ultimately contributing to continuous human development.