What is the Importance of Higher Education?
Making the right choices in life is an important part of achieving success. Taking calculative risks, analyzing the results, creative and rational thinking is all a step towards a better future. Especially today, in 21st century where competition is at its best, it is vital for aspiring students to make the right decision at the right time to stay at par. Higher education is a key element is the successful career of a student. Understanding the importance of higher education can give a student the confidence and boost needed for a better and brighter future. Higher education is very important in today’s economy.
Business has changed phenomenally over the last few decades. The jobs that are available today were not the same that were offered years ago. Technology has taken over every industry and has changed the daily business operations. The skillset required for every position have also changed. Along with experience, skills and expertise are a major requirement to get a good job. Higher education institutions assure the relevance of their knowledge, identify skills gaps, create special programmes and build the right skills that can help countries improve economic prosperity and social cohesion, adapt workforce development to the economy and changing demand for the new skills, develop relevant skills and activate skill supply, and thus support improvement in productivity and growth.
Higher education has higher economic benefits with better renumerations. If we compare the yearly income of a student with a two-year (Associate’s) degree and $56,500 with a four-year (Bachelor’s) degree and a student with a diploma alone, the student with a higher degree earns an approximate of $44,800 while the student with a diploma alone earns $35,400 annually. Additionally, students with a higher degree are likely to pay back their student loan faster than a diploma holder. This helps us understand the importance of higher education.
Higher education also fosters, economic well-being, physical health and participation in political and community affairs. Irrespective of the course you are studying, nurturing your brain with knowledge boosts better potential in every way. Higher education goers gain an overall personality development. They develop the skills for better communication which is a very important factor in every field. They also develop the ability to think and analyze which is important. Critical thinking skills can be cultivated in any number of higher education programs, whether you are learning to diagnose a problem in a car’s engine or analyzing a literary work. Higher education promotes a sense of discipline and accomplishment which stimulates the student’s confidence to pursue a better career option. A better qualification opens the door to a wide range of career choices that serve as a great opportunity for students who aspire to succeed.
Our society might not promote higher education as much gaining a job, however understanding the importance of higher education can help parents and students take better and wiser decision for the future. A wave of knowledge will revolutionize the world, when the younger generation starts understanding the importance of higher education.
