Higher education is always considered an important factor in the life of an individual as it offers many benefits, but most people argue that it also has as many disadvantages as advantages. While it is true that a university degree can open the door to better employment prospects, it is crucial to note that it can also cause some financial problems.
On the one hand, universities are now becoming popular all over the world, and year by year, an increasing number of applicants are doing their best to get into top universities. First of all, higher education provides skill-based knowledge to students, helping them understand their future jobs theoretically, and the diploma they earn not only enables them to work in high positions but also ensures that they earn more. For example, the law students of Harvard University are almost always hired for top positions in most countries. Secondly, economies are now becoming knowledge-based, and as a result, many non-graduates are being fired. Meanwhile, university students are both studying and working at the same time, as the majority of universities provide opportunities to enhance their knowledge with practical studies.
On the other hand, even though studying at a university helps individuals find their way in life, it can bring problematic situations to some families. Firstly, attending university is not always affordable. If a student fails to pay their tuition fees on time, they can be expelled. Moreover, students often fail to understand the subjects because universities teach their lessons at an academic level. For example, people who study at MIT often face academic problems and fail their exams, and those who fail frequently drop out of university and return to their ordinary lives.
In conclusion, while attending university can lead to a better life after graduation, it can also cause serious financial problems.