Is University Worth It Anymore?

Is University Worth It Anymore

With educational expenses mounting across the globe, forward-thinking students often think about whether acquiring a university degree is really worth it. We have demonstrated why university education still holds value to clear your doubts.

Of course, parents might be finding it increasingly challenging to manage the vast academic expenses. This explains why so many parents opt for RESP alternatives like whole life insurance plans for their children. You can check here to learn more about a whole life insurance policy.

Let’s explore why university education continues to be relevant even today, considering the consistent rise in educational expenses.

How does a university degree matter?

Whether or not you should go for a university education depends on your degree requirement. In general, candidates with professional degrees enjoy some strategic benefits compared to those who don’t. Check out some of the tactical advantages of acquiring one of these degrees in the area of interest.

1.    Better paying jobs

With higher education and specialized degrees, applicants can tap into better professional avenues. In the end, the goal of higher education is to land a bigger paycheque. This is why thousands of students prefer university degrees despite the financial hurdles. With a decent job, you can clear off educational loans faster. Besides, students having a whole life insurance policy can easily afford these degrees.

Now, it depends on your preferences for a high-scale job or an ordinary one whether you should go for a university degree or not. But, in general, students with pristine professional dreams prefer university degrees.

2.    Faster growth prospects

While industry exposure matters while growing your career, employers still scrutinize aspirants based on their specializations and degrees. With the pandemic wreaking havoc across the globe, higher degrees can help you make the most of your growth prospects. Finding a high-paying job amidst the financial turmoil might be challenging if you lack a university degree.

Therefore, a university education is worth it, as you can get a solid head start in your career. Moreover, if you choose to go for a specialized field like software engineering or the medical stream, a professional degree would be indispensable. With experience, you can embrace the opportunities that come down your way.

3.    Establish professional connections

Even after you are done with your university days, your connections with your peers and lecturers will benefit you in the professional circuit. Also, you have industry visits, seminars, and guest lecturers who are a part of the respective industries. Therefore, your university would serve as a professional platform to establish professional ties.

Moreover, experienced minds can help you with proper guidance to steer your career amidst raging competition. Once you demonstrate your passion in the area of expertise, you will come across an overwhelming number of people ready to guide you. Evidently, your university education would be a crucial transition to embracing your career.

4.    Nurture transferable skills

Many students find themselves in a dilemma regarding their career choice. Eventually, they decide not to go for a university education simply because they are not sure about their professional path. However, it makes sense to acquire a professional degree to hone valuable transferable skills. Even if you decide to switch careers later in your life, the transferable skills will strengthen your resume.

Regardless of the industry, employers are looking for highly motivated individuals who can be responsible enough to shoulder various tasks. University education still holds value for aspirants willing to shift to a different career later.

5.    Specialize in something that appeals to you

Ultimately, establishing a solid footing in your career involves specializing in something that appeals to you. So, naturally, you would love the subject you have enrolled in. This gratification is more than anything that persuades you to sprint in your professional space. Also, money can’t buy the gratification you enjoy, so it’s more than the materialistic value you shell out!

Can you overlook a university degree?

  • Are you someone looking for a higher degree at a university simply because others are going for it? Unless you have a concrete professional plan, there’s no point in spending money for a professional degree. Go for an alternative that wouldn’t cost you as high as the degree.
  • Some careers are flexible and do not involve a specialized degree. For instance, if you are willing to settle for a vocational career, there are options to explore.
  • Many students prioritize their social life more than their professional goals. Remember, you need to work hard to achieve the degree. Overlooking your inputs and simply considering the university lifestyle won’t help your career.

So, if you find yourself in any of these categories, a university education won’t be worth your investment. However, serious aspirants would prioritize their professional goals and invest in quality education for its sake. Therefore, overlooking a university degree isn’t the most viable path for you.

Managing the academic costs during higher education

With educational expenses stinging most wallets, parents are concerned about their children’s higher education. As a result, most of these families invest in whole life insurance plans for their children. These plans, designed by reputed insurers like Insurance for Children, comprehensively cover all expenses your child might need.

Unlike RESPs, such policies do not have any restrictions associated with them regarding where you can spend the money. So whether you want to spend the total amount for your child’s academics or allot some to help the young mindset up a business, you reserve the freedom to decide.

Most importantly, you can start investing early in these policies. Parents, grandparents, or any child’s legal guardian can open a policy when they are just 14 days old. This way, you can find a better alternative to RESPs too.


Although university degrees are expensive, spending your hard-earned money to help your child achieve specialization is worth it. The secret to managing high educational expenses is investing early in your child’s education. It would also be a prudent decision to have a whole life insurance policy to cover the university expenses for your child.

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