non-essentials,” says Catherine Brabin, student recruitment coordinator at Lancaster University. “Weigh this up and bear in mind what you actually really need to pay for versus what is more of a treat or a luxury.” Even the best-laid plans might need adjusting so it’s a good idea to set aside some money for an ‘emergency fund’, in case you need to pay for something unexpected.
Finance for the future Education is an investment in your future so it’s not surprising that there’s
been significant research recently into which degrees could earn you the most money after you leave university. Many point to medicine and dentistry as yielding the highest earnings, while the more ‘creative’ degree courses, including performing arts, creative arts and design tend to be at the lower end of the scale when it comes to potential future earnings.* “Earnings data five years after graduation reveals that degree subjects which
tend to lead directly to a structured career path have the highest earnings, with for example, medicine, dentistry, veterinary sciences and pharmacology topping the list,” says Gemma Kenyon, director of careers and employability at City, University of London. She adds that the vast majority of graduates from these subjects will
follow the structured entry route into their profession which has been clearly mapped out for them. Subjects at the bottom of the list such as performing arts and media can lead to higher earnings but the route to those potential higher earnings isn’t as clear and it may take more time to get there. Studying at degree level has traditionally also signalled that you're able to achieve a certain level of intellectual capability, and on graduating, there could be a great number of career paths ahead. And while this still stands, it's worth bearing in mind, and asking universities, how your course subject and discipline will be future-proofed in the face of advancing technology. “The cost-of-living crisis has led students to take more interest in earnings
potential but we also continue to see many students focusing on job satisfaction,” says Gemma. And according to the Higher Education Statistics Agency (HESA), most graduates can expect to earn more than non-graduates. l
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73
