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Is University worth the Debt?

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Did you know the typical student now leaves university with a staggering £45,000 of debt?

With rising tuition fees and living costs, is higher education still worth the financial burden, or are there better alternatives for young people today? 🤔👇

SamGoodship
a week ago
What do you think of this?+20 points
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Leannexxx

Honestly don't think they are my sister in law has a masters degree and she's a cleaner why coz theres no jobs in what she studied for

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martinlufc5637

Our neighbours son went to university to be a pharmacist, he works as a receptionist in a drug treatment centre, after passing everything there was no jobs anywhere for him, probably due to the amount of chemists closing, unfortunately he is swamped in debt

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xKJG93

My little brother is currently in sixth form and is considering university after that. I never went to university but I worry for him and what effect it could have on him

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jms19

Really depends what course you do tbh. Thing is universities are presented as places to help people get a career but first and foremost they are businesses.

Thing about the debt is, it doesn’t start getting paid off until people reach above the threshold of earnings so most of it is just wiped away after 30 years

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MelissaLee1

Often not but seriously depends which course,which university and what job you land if indeed you get one at all.

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Paulyousef28

Didn't get to university because failed GCSEs but education is important so I would go for the cheapest options

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MrsCraig

My husband and I couldn't do our jobs without our degrees, we both have 2 degrees, but it isn't necessary for everyone to go to uni. If you need a degree for the job you want then yes uni is important but if you don't then it isn't necessary to go. I tell the pupils to pick the path that is right for them, whether that is an apprenticeship, a job, college or uni.

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BonzoBanana

I don't think its a black and white situation, for many university is definitely the right choice and for others its not because maybe there is a huge surplus of people already with that qualification or maybe its simply a qualification that has very few jobs linked to it. I've seen a few jokes about people working in McDonalds who have degrees in useless subjects like modern history which don't really help in the workplace. There is a risk that people do courses they themselves are interested in, but don't actually result in decent job opportunities.

Some subjects should be subsidised by the state and others completely unsubsidised as not beneficial to the economy. So people learning required qualifications really shouldn't have so much debt in my opinion.

The NHS has a huge amount of foreign workers who have financial interests, families etc outside the UK and are hugely damaging to the UK economy. I think its critical we focus on sorting out our economy and making sure we employ UK citizens where possible especially for high paid roles. One third of doctors were born abroad in the NHS. These are high wage roles with a high percentage of such wages going abroad in many cases this adds to our trade deficit and leads to more borrowing. There is £180k of government debt for every single person in this country. The way the country has been run for the last 40-50 years is utter madness.

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jam45

BonzoBanana I have friends who had chosen to study at universities in useless subjects just to get the grant/loan for three years and never repaid back the money. Not only that they failed to attend their lectures and never got reprimand for it. Universities and the Student Loan companies are businesses and nothing else.

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