It’s that time of the year, most students are three feet deep into prosecco celebrating the end of a stressful year. Alas, that is short lived as you will find yourself having to face that all too familiar question of “what am I going to do with the rest of my life?”

Throughout my entire educational history going to University was always the option, the alternatives were not encouraged nor were we given thorough information about it. You were simply expected to go. However, times are changing. New paths are being put in place, it isn’t as limited as it once was. Is the student loan debt worth it?

As I always do with any tricky decisions, I devise a list of pros and cons…


“You ACTUALLY need it”

There are certain careers that require a degree, such as Law and Medicine. I studied Law at Brunel University for 3 years and to become a solicitor, you have to do a master’s course called the LPC. Without those relevant qualifications, your position within a company or a firm is limited. They are recognised as not only significant but necessary.

A degree is forever

A colleague of mine told me about how she wished she went to University. Now that she has a family, it is more complicated for her to achieve one. Ideally, anyone could pursue a degree and achieve it at whatever stage of their life. We all know that’s easier said than done. Though, once you have your degree, nobody can take that away from you. It’s yours forever.


Money talks

It is terrifying how much University costs and that’s why student finance was invented. They loan you the amount you need to continuously study at University. Although, like any loan you have to pay it back which could take years. You could still be in debt in your 40s.

In the UK, we’re incredibly lucky that we don’t actually start paying back our student loans until our salary meets a certain threshold (approximately £21,000-£25,000 per annum) unlike in the US, where it’s more complicated and immediate.

Doesn’t guarantee a job

This is possibly one of the hardest goals to achieve after University.

Nowadays, being the right candidate for any job is very difficult as they do look for a specific person. It is down to your qualifications and skills but also whether you’ll fit in with the team. Although, the reality is that thousands of other people also have the exact same degree as you. So, you have to be smart and stand out in a way that makes them remember you.

So, was University worth it? For me, absolutely. It wasn’t just a place for me to learn about the law but also how to become independent. I went from a clueless 18-year old to someone who gets super excited about buying new Tefal non-stick pans. Oh, to be 21.

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