Can you afford not to go to university? – Agenda – The World Economic Forum

English: Official logo of the World Economic F...

English: Official logo of the World Economic Forum. (Photo credit: Wikipedia)

The WEF reports that new data shows that millennials with a higher education have a better chance of finding well paid work.

Source: Can you afford not to go to university? – Agenda – The World Economic Forum

I’ll go along with the assertion that university education is increasingly important but it’s not that simple. Firstly, some university degrees are much more useful than others – there are two qualifiers, the status of the university and the subject studied.

However, the article misses the point completely about less academic millennials, they need apprenticeships to learn skills too. Why are these readily available in Germany but less so in other advanced countries?

Overall, there’s an important need to match supply and demand – for now, there are too many imperfections in the education system. Surely, the education system should generate millennials with the right skills to match available jobs? Also there’s a need for millennials to mix more broadly, not just at university. I think there’s an increasing case to bring back national service – this doesn’t need to be restricted to military service, it could cover social care and community work.

Education is important but it’s not a panacea. For many young people practical skills are possibly more marketable than their education.



One response

  1. Dr Alf is right because most people are not capable of going to University and need to develop practical skills plus the ability to sell and promote themselves and their wares online, in person and across relevant channels.
    Those going into corporate life become more marketable beyond the limited confines of the UK if they learn useful languages.

    According to MI5, these are Mandarin Chinese, Brazilian Portuguese and Arabic.

    To live and work in America it is a good idea to have Spanish as a second language.

    University degrees are now 2 a penny, it is the quality and type of degree that matters along with the standing of the institution which awarded it.
    You then need interpersonal skills,” resonant leadership” if you aspire to be a manager in anything other than a business which operates in the UK, IT skills, a work ethic and the ability to network plus useful connections.
    That has to be combined with an ability to look and sound the part, to present ideas clearly, to be socially aware and think through problems.
    This means diet, exercise and remaining an acceptable size because employers and others are put off by grossly overweight or underweight people and those who look like failures.

    On top of that, you need a good Linked In profile and a social media presence without gremlins and indiscreet photographs plus a good KLOUT score if you plan to sell for a living.

    Beyond that, you need to keep up to date, keep learning new skills and remain “relevant” to present and future employers and potential clients you have never met.

    You need to develop a thick skin, the ability to metamorphose at speed and an understanding that no-one other than yourself owes you a living or even an audience to obtain one.

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