Should you go to University or not?

University provides more than just a qualification. It offers personal development through independence, new experiences and opportunities to make lifelong friends. You’ll also develop valuable soft skills like communication, teamwork, and problem-solving, which are essential for your career. While university is a great opportunity for many, it’s important to recognise that it might not be the best path for everyone.

It’s crucial to choose a subject that excites you because you’ll spend years focusing on it. A lack of genuine interest will make it harder to succeed, and your grades might suffer, which can impact your future career opportunities. Research your degree course carefully before committing to avoid an unfulfilling and possibly unsuccessful university experience.

For certain careers, such as Medicine or Engineering, a degree is essential. However, degree apprenticeships or professional qualifications are increasing as alternative options, even in fields like Law and Medicine. In general, university can help your career as employers value the skills gained by studying at degree level, regardless of your specific degree.

On average, graduates earn significantly more over their lifetime than non-graduates. However, the difference varies by gender and career path, with men generally earning more. Even with a degree, graduates face student loan repayments, which affect their financial outcomes. The average lifetime earnings difference is around £130K for men and £100K for women.

Yes, your degree subject significantly influences your future earning potential. Fields like Medicine, Law, and Economics tend to lead to higher-paying careers, while subjects like Nursing, Psychology, and the Creative Arts have lower financial returns. Men may also face lower returns if they pursue degrees in these lower-paying fields.

The university you attend can impact your lifetime earnings. Male graduates from prestigious Russell Group universities tend to have the highest earnings. Attending less selective universities may add little value to lifetime earnings for both men and women. For women, attending a Russell Group university generally adds to their earnings earlier in their career, but this effect is less significant as they get older.

University tuition fees in England and Wales are £9,535 per year from 2025. This means a typical three-year degree will cost nearly £30K, not including living costs. Student loans are available, but graduates may still be paying them off well into adulthood. In contrast, Scottish tuition fees are much lower, and students resident in Scotland don’t have to repay them, making Scotland a unique option.

In addition to tuition fees, students face significant living expenses. Accommodation in London can cost up to £14K per year, while in other parts of the UK, it averages around £8K. Other living costs include food, travel, and social

activities, making it important for students to budget carefully and consider part-time work or financial support from family.

Apprenticeships are essentially free as you earn while you learn and your training is paid for by your employer. The minimum wage for apprenticeships is low, but some degree apprenticeships offer competitive salaries. Apprenticeships can provide hands-on experience and avoid the debt associated with student loans, though they often lead to more specialised career paths.

Deciding whether to attend university involves carefully weighing the potential benefits, such as career prospects and personal growth, against costs like tuition, living expenses, and long-term financial implications. It’s also important to explore alternatives like apprenticeships, which can provide valuable experience without the financial burden. As a final word – and I might be biased on this one – if you think university life will suit you, grab the chance for what could be the best three years of your life!