Description: How much will parents spend on school supplies, how much will it cost to go to university or college, and how much debt will that mean for students? These are the questions we’re asking, and good on us for doing so. Education is not so sacrosanct that we shouldn’t look at both benefits and costs.
Date: Aug 29, 2013
With tuition costs rising more than inflation on a regular basis, there’s been talk in recent years about whether a postsecondary education is worth the cost. CIBC finds the unemployment rate for graduates to be 1.7 percentage points below those who have only a high school education, but that’s down from a little over three percentage points in the 1990s.
In consulting Statscan data, CIBC found that a bachelor’s degree gets you an average earnings premium of more than 30 per cent over a high school graduate. Yet after-inflation weekly wages for high school and college grads grew at a rate of 13 per cent over the previous decade, compared with just 8 per cent for holders of bachelor degrees. READ REST OF STORY
Questions for discussion:
1. How do you feel your field of study at university will fare when you enter the job market? Why?
2. Do you feel having some training in info systems will help you in your job search to differentiate yourself in the market? Why or Why Not?