Is university still worth it? Or is university a scam?

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4 years ago

Hello everyone my name is Christian, If you're going to a university or thinking of going to a university or you are confused of what to do. Well you've found the right article. In this article I'm going to be giving you a very clear idea of what you may not be told about university.

PART I - A change in Perspective

So we're kind of sold a script that you go to school, you get good grades and then you go to university and then from university you get your job. Don't get me wrong there's nothing wrong with that. It is just that universities have changed from what they used to be. For example in England, Universities were funded by taxation which is taxpayers would be paying for students to essentially go to university so it would be free. But in 1998 tuition fees were introduced and it was based on your income and it was like £1000 a year. Now in England, it is about £9200 a year. And you might think, that's strange because if it was free before surely now it's so much more expensive and less people would be going but NO and I'll tell you why. Everyone looks at it is just a thing to do and there's a lot of parental pressure. There's pressure from your friends because all of your friends will be going to university, you get a little anxious like what am I going to do? I'm stuck here and jobless and people are going to think that this guy is an idiot because he doesn't go to a university. And universities are presented to you as a very neat package, or a place of knowledge, a place for fun with people smiling and parties and all. But all of this will change when you see University for what it really is, which is a business. A DEGREE is a CONSUMER PRODUCT. You are going to a university and you're exchanging your money or in some case you know someone else's money alone in exchange for your degree this is the product that you are getting. When you see universities as a business and you start to look at it from that point of view. You're gonna see all the intentions behind what they're doing.

PART II- CUTTROUGHT COMPETITION

You may not know this but most of the universities in the past have a cap or a limit on the amount of the students to take on. And that cap was removed and now universities are open to let as many students in as possible. And the reason why that is, is because there is a major competition between all of universities to get students through the door. Did you know that there are more graduates today than that of when there were no tuitions or when universities were free. But how does that make sense? And this is why, because after all you are a customer and they need more of you because you give them the money in order to fund everything.

PART III - THE VALUE OF A DEGREE

Whenever something is scarce and there's not enough of it, it immediately has more value. And whenever something is abundant, it doesn't have much value. That is important to mention because what the concern here is called Grade inflation, that is going on at the moment. And that is essentially people's grades being much higher than they ever used to be and you might think, maybe it's just that students have gotten smarter. Well they did standardized testing which is like an IQ test and on average it remained about the same as the intelligence of students going to university has been about the same. So why are grades increasing at this rate? Well the OFS or the office for students doesn't learn over three-quarters of what is considered this grade inflation. Grade inflation is a big problem that universities are tying to tackle. More than half of university students are leaving with a first, or a 2:1. To add to that, the student cap that once prevented universities from letting in as many students as they liked has now been removed. Removing the student cap has increased competition between universities, and now it’s become a major competition to get as many students in as possible. This all becomes problematic when you look at how employable a degree makes you. The more graduates with top classifications there are, the less an employer can differentiate between who is truly the best, and who is not. My personal opinion is that a degree can get you a foot in the door for a job, but that is as far as it goes. The rest is up to how you perform in the interview. I would even go as far as to say that some employers (depending on the career) prefer non-graduates, so that they are coming into the company with a ‘clean slate’ and can be molded through the company and not already enter the job with pre—conceived ideas and notions on how that company may or may not function.

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