Academic journal article Manager

Are Degrees Worth It?

Academic journal article Manager

Are Degrees Worth It?

Article excerpt

With universities now able to charge up to £9,000 a year in fees, research suggests that almost half of young people are put off applying to university amid fears that they simply cannot afford it. Furthermore, 42% of vice chancellors believe it will be harder to convince young people of the benefits of an academic degree. So, what will this mean for the future of professional qualifications? Is it their time to shine as a high quality, but low cost, alternative?

Often people have used the terms diploma and degree interchangeably, but there are a number of important differences between the two. The first difference is the length of time to complete each of them; diplomas are designed to be completed within one to two years whilst degrees are designed to be achieved in three to four years. The second key difference is that diplomas can be awarded by vocational and private education institutes, whilst degrees are normally awarded by a university. The third, and most important difference, is the educational focus of the two. Diplomas are designed for specific businesses, industries or trade. This means that individuals are trained; often both academically and practically, in order to succeed in a certain role or function. …

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