Students doubtful that degree will pay for itself

-

diversity300

Less than half of students believe that their university education will secure them a graduate-level job that will allow them to pay off their debts, according to new research.

A survey of more than 2,000 students found that 48 percent were either confident or very confident that their education would pay for itself in the future. However 24 percent said that they were either unconfident or not confident at all that their costs would be covered.

Eight out of 10 students who took part in the survey, commissioned by Future Finance, claimed that they expected a lot more from their university, given that tuition fees often reach £9,000.

HRreview Logo

Get our essential weekday HR news and updates.

This field is for validation purposes and should be left unchanged.
Keep up with the latest in HR...
This field is hidden when viewing the form
This field is hidden when viewing the form
Optin_date
This field is hidden when viewing the form

 

Almost half said good teaching and feedback from tutors were the most important considerations when considering a university; 29 percent said their course was the most important factor, and 12 percent said a good university reputation was crucial.

Asked about paying higher fees at a more expensive university in the expectation of getting a better job, only 22 percent of students felt it would be worthwhile, and almost half disagreed.

Three out of 10 said they had chosen their university in order to be able to live at home to keep costs down, and fewer than 60 percent agreed that an education was worth the cost “as it sets you up for life”.

Brian Norton, CEO of Future Finance, commented: “Tuition fees in the UK went into orbit four years ago, and since then students have quite rightly become a lot more value-conscious. Our study clearly shows the three areas where universities must perform. There’s no substitute for good teaching, good courses and a good reputation. But many institutions also need to take a broader look at the student life cycle and ensure they create a clear, measurable path to long-term career success and employability.”

Rebecca joined the HRreview editorial team in January 2016. After graduating from the University of Sheffield Hallam in 2013 with a BA in English Literature, Rebecca has spent five years working in print and online journalism in Manchester and London. In the past she has been part of the editorial teams at Sleeper and Dezeen and has founded her own arts collective.

Latest news

Sustainable business starts with people, not HR policies

Why long-term success depends on supporting employees, not just meeting ESG targets, with practical steps for leaders to build healthier organisations.

Hiring steadies but Gulf crisis threatens recovery in UK jobs market

UK hiring shows signs of stabilising, but rising global uncertainty linked to the Gulf crisis is weighing on employer confidence and delaying recovery.

Women ‘face career setback’ risk with flexible working

Female staff using remote or reduced-hour arrangements more likely to move into lower-status roles, raising concerns about bias in career progression.

Jo Kansagra: Make work benefits work for Gen Z

Gen Z employees are entering the workforce at full steam, and yet many workplace benefits schemes are firmly stuck in the past.
- Advertisement -

Union access plans risk straining workplace relations, CIPD warns

Proposed rules on workplace access raise concerns about employer readiness and operational strain.

Petra Wilton on managers struggling with new workplace laws

“Managers are not being given the tools they need to fully understand how the rules of the workplace are changing.”

Must read

5 ways to promote a better work-life balance  

Many employees are living such a competitive fast paced lifestyle that they often do not take a moment to step back and realise how their lives outside work are being affected.

Lynne Hardman: How to support returning furloughed workers

"With the scheme due to finish in September, this represents a big challenge for HR leaders to ensure that these employees are reintegrated in the most positive way."
- Advertisement -

You might also likeRELATED
Recommended to you