Citywire printed articles sponsored by:
View the article online at http://citywire.co.uk/money/article/a424582
A-level anguish? Don't despair, there are alternatives to university
There has been nothing but bad news for university hopefuls lately. For anyone collecting A-level results today, here is a guide to apprenticeships and other viable alternatives to uni.
Markets
There has been nothing but bad news for university hopefuls lately. For anyone collecting A-level results today, here is a guide to apprenticeships and other viable alternatives to uni.
The university challenge
Firstly with the number of university applicants at a record high and the introduction of the new A* grade, competition for places on degree courses has been tougher than ever this year. This means even pupils with straight As may not get a place on the course they want.
Meanwhile the cost of going to university is soaring. According to the Push Student Debt Survey students starting university this autumn can expect to owe a frightening £24,700 when they graduate.
And if the government goes ahead with plans to hike tuition fees from the current maximum level of £3,225 per year and introduce an additional graduate tax targeting higher earners, student debt is only likely to get worse.
There is also the problem of graduate employment. More UK employers are cutting back on graduate recruitment programmes, and according to the Association of Graduate Recruiters there are already nearly 70 graduates applying for every job vacancy.
Therefore, while university may remain the top option for most A-level students collecting their results today it is no wonder more pupils are applying for apprenticeships in which you can learn on the job. Although graduates are generally expected to earn a higher starting salary than people without degrees, apprentices have the advantage of being paid while they train and can quickly work their way up. For example, accountancy giant PricewaterhouseCoopers offers apprentices a starting salary between £16,000 and £21,000, plus benefits, depending on the job role.
An increased interest in apprenticeships
This week BT announced it had received almost 24,000 applications this year for the 221 apprenticeship positions it currently offers. This compares with 9,000 last year and 10,000 two years ago. The telecoms giant has now said it is considering whether to expand the scheme.
PricewaterhouseCoopers has also reported increased interest in its apprenticeship scheme, HEADstart. A spokesperson for PwC said it had received over 800 applications for 60 vacancies, up 25% on last year and almost double the number received in 2008.
Meanwhile other blue chip companies such as British Gas, Tesco and Marks and Spencers have also reported a consistently strong interest in their schemes.
Improving apprenticeship schemes
The government is keen for more A-level students to apply for apprenticeships. In May the coalition announced plans to create 50,000 new apprenticeship places and is working with the National Apprenticeship Service (NAS) to distribute these extra places.
Tools from Citywire Money
More about this:
More from us
- How to set up your own business
- plans to hike tuition fees
- Employers insist graduates have 2:1 degree
What others are saying
- www.apprenticeships.org.uk
- National Apprenticeship Service
- Vinspired
- pupils with straight As may not get a place
- National Apprenticeship Service
- First private university in decades to be created
- www.notgoingtouni.co.uk
- Notgoingtouni.co.uk
Look up the shares
Archive
Today's articles
- Market Blog: Cape crashes on Algerian profits warning
- Smart Investor: let the news flow wash over you
- Asset allocation: where bonds fit in to the big picture
- The Expert View: Mothercare, Burberry and Moss Bros
- Friday Papers: Insults fly over troubled HP buyout
- Overnight Markets: US stocks gain as Europe offsets China concern
- Citywire Top Stocks Daily News Digest
- Market Blog: bargain hunters drive FTSE to strong finish





13 comments so far. Why not have your say?
Nigel Adams
Aug 19, 2010 at 07:49
At the independent University of Buckingham A-level students (and anyone else who wants to be an entrepreneur and study for a degree) can combine your article's "Other alternatives" 1 and 3.
They can apply to study on our unique BSc Business Enterprise (BBE)programme, during which undergraduate students start business as an integral part of their honours degee. See details: http://bit.ly/6LFmpJ
Within 4 months of starting the programme our BBE students are "pitching" for up to £5000 "seedcorn" capital to run their business.
As the governement does not provide any finance, our programmes are not capped, so we still have places available on our next intake in January 2011.
As we work 4 terms each year, sucessful students also achieve their honours degrees within 2 years and on graduation they are able to buy the business from the university at a very low cost.
One point about your sub-heading, may I suggest that it should read " Other althernatives to a state university"
Nigel Adams
Programme Director BSc Business Enterprise
University of Buckingham
report thisAnonymous 1 needed this 'off the record'
Aug 19, 2010 at 10:06
The sooner the liberal arts 'educated' reports at the BBC stop promulgating the view that only way to a full and rewarding life is via a university education the better. In one of their reports this morning they grdugingly reported that there are alternatives with "people could even do an apprenticeship" which was along the same lines as "people could even clean sewers".
We should stop brainwashing the population with alleged talent shows and providing what are laughingly described as higher education courses in Hairdressing, beauty, dance, etc and try to equip people for productive and useful lives.
report thisandrew
Aug 19, 2010 at 10:16
anyone heard of the Open University?
Nice plug Nigel!
report thisAnonymous 2 needed this 'off the record'
Aug 19, 2010 at 10:59
Anon 1, apparently there is a Harry Potter course now!
report thismartin cragg
Aug 19, 2010 at 12:02
There are approx 300000 graduates every year in the UK and jobs for around half; in view of the economic outlook, the job market will presumably fall. It is not surprising therefore that we have so many disillusioned graduates doing menial jobs or unemployed. Although there are 2.5million unemployed currently, we apparently still need high levels of immigration to fill job vacancies. Something is badly wrong somewhere!
report thisChris Hopton
Aug 19, 2010 at 12:49
As an A Level teacher I don't understand why so many articles and journalists are asserting that A grade candidates will still miss out: all my Y13 students have been made offers by various universities; if they obtain the required grades, the universities are contractually obliged to provide them with places. Indeed, anecdotal evidence shows that universities are still offering places to some students who failed to gain all their required grades.
report thisBen Coulthard
Aug 19, 2010 at 17:10
It's not an expensive waste of time as they are paying you to borrow money that still, for this year's cohort, you're hardly going to have to pay back - what an appalling ignorance for the article to call education an expensive waste of time! Where did a citywire journalist get such a shabby, jaded, fake 'university of life' attitude when you all went to the LSE or equivalent?
I am also an a-level teacher and have just spent the day with candidates and can support exactly what Chris is saying. Those without the grades for their top choice will simply accept the lesser or 'insurance' choices they made.
report thisBen Coulthard
Aug 19, 2010 at 17:12
Also, private Universities can and will often offer places to students who are not really capable of doing the courses they offer. There is a reason they are not accepting people through UCAS you know.
report thisNigel Adams
Aug 19, 2010 at 20:56
Ben,
Just to let you know that I will not accept anyone who I don't think can achieve an honours degree in two years (8 terms - no long holidays) whilst also starting and running a business!!
I interview all potential students and they also meet our current BSc Business Enterprise students (without me being present), so that the applicant fully understand how much work will be involved, before they start.
I do this as I have a daughter and son who have studied medicine, so I know the costs involved in higher education. I don't want any students or their parents spending money on fees and living costs, but not achieving an honours degree.
Although our total fees are about £8000 higher than UK state universities, the total cost, including living expenses is about the same as a state university. The reason is that our students only need to pay for 2 years living costs (about £16,000) not 3 years.
You might also be interested to know that the University of Buckingham has come top of the National Student Survey for the last 5 years. See http://bit.ly/cek7s2
Buckingham only achieves this by ensuring that our students are satisfied with the education they receive and their experience at Buckingham.
Nigel Adams
Programme Director BSc Business Enterprise
University of Buckingham
report thisandrew
Aug 19, 2010 at 22:09
Blimey! When I plug my midlands based fees free independant mortgage broking business GH Financial Solutions on here I get told off! Get in there Nigel!!
report thisNigel Adams
Aug 20, 2010 at 10:47
Andrew,
It does help that the University of Buckingham is "An excepted Charity dedicated to excellence in teaching and reserarch."
Oh, and if you know any potential students who would flourish on our BSc Business Enterprise (BBE) programme, please tell them about us.
You are also most welcome to come and meet my current BBE students (some only 18 years old), who are finding out what its like to run a real business, whilst also studying business, finance and enterprise theory and then they start to question the theory!!
report thisAnonymous 3 needed this 'off the record'
Aug 20, 2010 at 19:41
University-attendance & degrees are not necessary for the majority of school-leavers.
'Unskilled' workers learn on the job.
Semi-skilled also, with maybe one day a week at TECHNICAL COLLEGES (now called Universities)
'Skilled' workers do apprenticeships, for which technical colleges & polytechnics were put in place, to obtain C&G, ONC or HNC.
Only the most academic need go to a PROPER univertsity for a PROPER degree, e.g B.Sc. in Physics, Chemistry & Biology; B.A. in History, Languages etc.. + Law & Medicine.
Journalists etc. only need 'O' Level English, Maths & a couple of other subjects + maybe 4 years on-the-job training.
They certainly don't need a degree in 'MEDIA STUDIES'.
The system used to work - why not go back to it??
That would get rid of the unwanted & unnecessary graduates with their massive loans to re-pay.
report thisGHN
Aug 21, 2010 at 18:03
Once upon a time we had Universities for academic education and Technical Colleges for vocational training. Many of this country's technical colleges were superb and enabled this country to educate the highly skilled workforce which enabled us to create nuclear power stations, Concord and many other worldclass achievements.
Now the technical colleges have been converted to universities and all school leavers are encouraged to go for degrees whether they are academic or not.
The result is that we no longer offer technical education and the universities have to offer Mickey Mouse degrees to the non-academic students and they are also full to the brim.
Finally we appear to have re-discovered apprenticeships so perhaps technical education may re-start and we may even see Technical Colleges re-appearing.
report thisleave a comment
Please sign in here or register here to comment. It is free to register and only takes a minute or two.