Earning a university degree is such an important step in life that it has become a central part of a student’s dream”. Go to university, get a job, buy a house, raise a family. It may not always be that simple, but it all starts with your university education. Earning a university degree is all [...]


Edith Cowan University Sri Lanka branch campus geared to make that difference in your life


Earning a university degree is such an important step in life that it has become a central part of a student’s dream”. Go to university, get a job, buy a house, raise a family. It may not always be that simple, but it all starts with your university education.

Earning a university degree is all about opening up opportunities in life. It prepares you, both intellectually and socially, for your career and your adult life. The benefits of a university education include career opportunities like better paying and higher skilled jobs, but studies have shown that it also leads to overall happiness and stability.

Many people know that they want to attend university, but don’t know exactly why, or how it will enrich their lives. Below are some of the many benefits of earning a university degree. This is where Edith Cowan University Sri Lanka branch campus makes a difference in your life.

1. Make More Money

For most people, the ability to earn more money is the driving force behind going to university. A post-secondary degree, whether it is a bachelor’s, master’s or PhD, is the most common route to careers that demand higher skills and offer higher pay.

Studies show that university graduates earn significantly more money throughout their lifetime than those with only high school or vocational education.

According to a national report by the State Higher Education Executive Officers Association (sheeo.org), high school and vocational graduates earn an average of almost $30,000 per year. Bachelor’s graduates earn an average of just over $50,000 a year. And those with a higher level degree (master’s, doctorate or professional) average nearly $70,000 per year. This translates to a significant earnings gap over the course of one’s life.

Earnings potential varies depending on what field you work in. For example, a master’s degree in education or nursing won’t lead to nearly as much wealth as a master’s degree in engineering or business. But education and nursing are far and away the most in-demand professions out there. If you enter one of these fields, you’re likely to find a good job somewhere – even if it doesn’t pay as well a job in engineering or business.

2. Benefits for You and Your Family

Obviously, higher income is a primary benefit of earning your college degree. But most jobs that require a bachelor’s, master’s, doctoral or professional degree tend to also provide more benefits. This can include health care, retirement investment, travel and other perks. These types of benefits are rarely offered for high-school-level jobs.

Part of the reason employment benefits are so important is because they offer stability for your family, especially in the case of health care. They are called benefits, but in reality, they are a vital part of anyone’s salary. In some cases, the value of benefits even exceeds an employee’s take-home pay.

The benefits of a university education also extend beyond generations. Families of university graduates are generally better off economically and socially. But it is also more likely that the next generation of children will attend university. So you can look at it as an investment in the future of your family.

3. Better Career Opportunities

Earning a university degree is the most common pathway to a better career. Entering university, not everyone knows what they want to do when they grow up. But most know they want to have a better job-not only one that will pay more, but one in which they are more satisfied and secure. That combination of benefits is why so many people make the investment of time and money to go to college.

Often times it’s not necessarily what you study, but the fact that you studied something at all. Aside from training you in an expert field, college trains you to think analytically, understand complex subjects and communicate your own critical ideas about them. It also instills crucial skills like organization, self-discipline and the ability to complete tasks from start to finish. In other words, college helps mold you into a more professional individual.

In today’s economy, employment options are shrinking for people who only have a high school leaver. A large majority of high school leaver work in the service industry, in low paying jobs that don’t offer many opportunities for advancement. University graduates, on the other hand, tend to have skills that qualify them for a broad range of employment in fields that offer more upward mobility.

4. Job Security and Satisfaction

Having a university degree typically leads to better job security. Let’s face it: if you don’t have a degree, you’re probably not as valuable to your employer. When push comes to shove it will be much easier to replace you with someone else who has completed a university degree.

In fact, an educated staff is so important to some companies that they will even pay for employees’ tuition. This is how valuable a university degree can be. It is seen as an investment that will bring substantial rewards, not only to the employee, but to the company as well.

Data shows that in an economic recession, university graduates are less vulnerable to layoffs. The people who suffer the most from job cuts are lower level employees who only have high school certificate. There are no guarantees, but if you have a university degree you will be less likely to suffer long-term unemployment.

As a university graduate, it is also more likely that you will enjoy your job. All the factors listed above-higher income, employment benefits and advancement opportunities-lead to better job satisfaction. But a university degree also gives you more freedom to pursue a career that interests you, maybe even inspires you.

5. An Investment in Your Future

Attending university is a major commitment of time and money, but it is also a down payment on success. Earning your university degree will help you realize your goals in your career as well as life in general. It requires a lot of hard work, but that work prepares you for a challenging and rewarding career and a more fruitful life.

6. Networking

It’s quite easy to think of the benefits of a university degree in terms of future earnings and promotion opportunities. However, what’s spoken of less frequently is the role that networking can play in these opportunities. People often get jobs based on recommendations made my friends, while in other cases, having a professional network can help people learn about upcoming job opportunities before others do. The truth is that creating a professional network can mean the difference between finding a job or getting a promotion, and those networks start forming in university.

On your way to a degree, you can either passively sit through courses before leaving for the day or become active with your fellow students. University are filled with volunteer organizations and professional societies where you can meet others who are in your field. Through these contacts, you may learn about opportunities while you’re still in university. This might include internship opportunities and other chances to get real world experience that will look good on your resume.

These same contacts may be able to link you to resources that will help you better understand your field. By connecting with these people, you can more quickly learn about your field while you’re in university. They may provide access to resources that include books or even professionals that you can talk to who can help you learn more about the industry you hope to enter.

Of course, the most helpful aspect of making these connections is likely the recommendations they will make to their employers on their behalf. It’s not uncommon in businesses for managers to first look internally for potential hires. Your professional contacts may be able to suggest you as a recommendation when businesses start hiring, giving you an advantage when it comes to being hired by a company in your field.

7. Personal Development

A university degree is helpful for many practical reasons, ranging from your increased competitiveness to the increased likeliness that you’ll be promoted within your job. However, people underestimate the degree of personal growth that they’ll experience as they’re working through their degree. A university education requires students to overcomes all types of adversity and prepares them not only for the workplace, but for dealing with many of life’s challenges.

Time management and organization, for example, are just two examples of the skills that you’re likely to pick up during your time in university. Both are needed to successfully navigate the many courses you’ll be taken while also successfully tackling the tasks before you. Test, quiz, and homework dates can all become confusing when you’re dealing with multiple classes. Good organization can help you manage all of your responsibilities, and it’s a skill that will be useful once you have your degree. Not only is it useful in the workplace, but it can help you manage your personal responsibilities at home. Even simple tasks like bill payments are made easier when you can properly track what is due and when.

Of course, on a larger level, the sort of personal development you’ll experience will largely be related to overcoming adversity. University requires that you overcome one challenge after another, ranging from financial responsibilities to passing tests or completing projects. You’ll need to be not only intelligent but disciplined in order to complete your schooling. These traits are often developed slowly throughout college. As you learn how to better respond to stress and adversity, you’ll slowly find that you’re better able to deal with adversity in a number of situations.

8. Higher Likeliness of High Quality Benefits

As the economy improves, companies find it harder and harder to attract top talent. The reason why is that, as the economy improves, businesses need to hire more. That puts highly qualified employees in high demand. In turn, these employees are more easily to say no to one company in favour of another.

This is especially true with a university degree, which prepares employees with a number of skills that make them more highly qualified. The more highly qualified, the more likeliness that they’ll be in high demand. To lure these kinds of employees, businesses will often try to lure them incentives other than just good pay. These incentives include benefits packages that include more vacation time and better healthcare options.

One of the best parts of getting your university degree is the access it gives you to high quality benefits and perks. Employers will often offer to cover more healthcare costs or offer more vacation time to lure highly qualified employees. In other cases, they may offer better retirement investment options that will make life after retirement easier. These kinds of packages take some of the responsibility for saving for a rainy day off of the shoulders of these employees.

Individuals with a university degree are more often economically well off not only because they’re paid better but because they have to worry less about sinking the majority of their money into healthcare or retirement funds. For many people, this paves the way for more easily preparing for a family and saving for a child’s university. Even for people who don’t plan to have families, the savings from better benefits packages makes it easier for them to save money for personal enjoyment, like traveling or investing into a hobby.

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