Apprenticeships vs university; choosing can be an extremely hard decision. It’s definitely not black and white so we’ve listed some points to help make the decision easier for you.
Different areas, finance, education, time, and prospects.
The main difference when it comes to money is that as an apprentice you get paid for your time. With university comes student loans; the average uk student debt in 2018 was £36,000. That’s big difference and a game changer for a lot of people. Degree graduates are expected to earn £18.3K to £22.5K for starting salaries whilst a a successful apprentice from an advanced apprenticeship programme will make £23.7K.
In an apprenticeship you learn through working, plus additional allocated time each week for professional training. In university you gain an in depth knowledge in the topic but little work experience.
Advanced and degree level apprenticeships can take from 3 to 6 years to complete depending on the course whilst a degree on average takes from 4 to 6 years. Within apprenticeships you will tend to work Monday to Friday whilst on the other hand at university you will have significantly more free time and days.
90% of apprenticeship graduates are now successfully employed and 71% have stayed with their original employer. On the flip side 1 in 5 uni graduates are in low or medium skilled jobs because of the increasing number of graduates for the number of jobs requiring a degree.
It’s a personal choice, and there’s no right or wrong answer. Apprenticeships will suit some, whilst university others. It all just depends on you personally, and what’ll fit your needs better. Either way by the end you will be a highly knowledgable, employable and skilled worker.