The "true cost" of a college education
Writing about web page http://education.guardian.co.uk/higher/news/story/0,,1759496,00.html
Story on front page of the Observer – 23 April.
I would suggest that it is somewhat misleading:
- It is rather difficult to locate the 'research' referred to in the article. I haven't found it yet.
- It articulates the benefits of non-attendance at university and two year degrees in terms of cash and debt (actually rather poorly defined) with no indication of the real value of HE.
- Gabbitas is a consultancy company focused on the independent sector – this is a rather easy promotional device it seems to me.
The spiralling costs of university education in England and Wales mean that it is only when graduates with a three-year degree turn 33 – after 12 years of full-time work – that their earnings overtake those of someone who began work at 18. Five years ago, graduates reached that break-even point at 28.
There are so many assertions and unspecified and unsourced figures in here that it cannot be taken seriously.
I could go on – but this is just poor.