How Top Up Degrees Can Help You Paying Off Your Student Debt

With rising tuitions in most colleges across the globe, many students are now wondering whether to pursue a college degree. Moreover, numerous students are taking heavy loans to pay for their degrees and are ending up with crippling student debts. I believe it is of utmost importance that you pursue the right major that will enable you to pay off your debts the fastest.

Here I am going to talk about which majors you should pursue and how you can earn degree by avoiding debts. Keep reading….

Woes Of Student Debts

The truth is student debt can not only affect you earning, but it can also leave a lasting impact on your savings, career and overall life. Studies have found that various college graduates end up paying their student loans till their retirement. So it does not matter if you are a fresh graduate and if you have your entire career to pay your debts, unless you choose the right majors and take the necessary steps, your lifestyle, homeownership and retirement will get significantly affected by debt. You surely don’t want to retire with almost zero savings.

How Majors Impact Earnings

Hence it is imperative that you graduate with a degree which helps you in paying back your loans within a stipulated period. A new study by the Brookings Institution's Hamilton Project found out a unique pattern related to different degrees and earnings of graduates. The research found that graduates with college degrees in lowest-income specialties experience fastest growth in their earnings after school. It was also observed that graduates with degrees in the highest- income majors saw comparatively slower growth as they started their careers with a high salary.

The analysis found that lower-income majors, such as sports and sports, have the maximum percentage increase in income growth within the first 5 years of starting their careers. On the other hand, majors that are traditionally considered high-earning, like engineering, experience a much slower increase. Why is this important? Irrespective of what a graduate earns after 20 years in their careers, student debts are generally paid off within the first 10 years after college, even for the minimum income groups.

Thus, I believe that you should pursue a degree which allows you to complete your graduation in your desired field with no or the least amount of debt. The fact is the more you earn, the more your save and the sooner you will pay off your student debts.

So How Can You Earn A Debt-Free Degree?

If you want to pursue a qualification that enables you to avoid debt, then I would suggest you study a top up degree online. The truth is numerous students are now going for online degrees as it enables them to acquire an accredited qualification without emptying their banks.

Online top up programmes are especially designed to enable level 5 graduates to pursue higher education qualifications. By pursuing an online BA top up or BSc top up, you will not only be able to avoid crippling debts, but you can also earn your degree much quicker. These programmes help you to fast track your current qualification to a recognised degree. Hence you can easily jump to an advanced degree programme from your undergraduate diploma. Moreover, studying top up programmes demonstrates that you are proactive and have the necessary management and academic skills which is always preferred by employers.

One of the best things about completing your online top up degree is that it allows you to study whatever major you want without worrying about how much you will earn from it. As you don’t need to worry about paying student loans, you can confidently choose your dream career.

Do you want to avoid student debt? Wish to pursue your preferred majors? Planning to study top up programmes? Share your thoughts and opinions with us. Feel free to comment below. We would love to hear from you.

Endeavour To Make Higher Education Survive in the 21st Century

Students look for many things before choosing a university. They study about the environment in which they are supposed to learn, try to analyze whether the school is accredited and recognized internationally and they try to find out if the institution has a global rank. Not only should the institution attract the attention of students belonging to that country but it should also win the favour of students from various other countries as well.

Apart From Rank What Else Is Looked Into In A University?

The most important factor is the quality of education that is to be given to the students. For that to happen, we need qualified professors. They need proper training and wisdom as well. It is this that wins the attention of students who want to get a degree in higher education. Also, students want to be employed right after graduating so there should be some provision for interviews in the campus. The higher the ranks, the greater will be the employability of students.

The students too, need to be the best. They need to be well qualified and should have the right aptitude and attitude towards learning. The curriculum should be designed appropriately since the prosperity of the world depends on the decisions that are made by the students who work later on in various posts after they graduate.

Recent Trends

In recent times, great importance has been given to business education since a business graduate earns well after leaving school apart from doctors who graduate from medical school or engineers who graduate from technology based schools. Business plays a very important part in the lives of students and society in general.

Areas That Are in the Spotlight

The areas that are being emphasized in business studies are innovation, entrepreneurship, business and society and personal development. This stands true for any business school. There are many ways in which such subjects are being offered to the students.

MOOCs Revealed

Presently, many Irish universities have started providing Massive Open Online Courses which can be availed by anyone who is interested. These courses are available for free. There are some problems with this option.

Many students are beginning the course but are not completing it. Maybe at some level, universities are charging a nominal fee. Some students might not feel self-motivated or might lack the discipline that is required to handle a course in which learning is to be done online.

Reading, completing the assignments and appearing for the assessments are all the steps that are necessary in such a mode of learning. Studies have been conducted and alternatives have also been discovered to suit the specific needs of the students.

The Evolution of SNOCs

To counteract these problems, Select Network Open Courses have recently been introduced, in which professors and experts from various business schools interact and share their views online. A student gets the opportunity to meet any teacher from any university in any part of the world.

This is a blended course in which some classes are being conducted in the university and students are interacting with people from various other places and institutions. In the process the students are learning to build strong relationships and are working together for a common positive goal. This cannot be achieved in a purely online form of learning.

What Lies In The Future Of The Irish Populace

It is a good thing that Irish Business Schools are taking steps to make sure that their universities are updated and informed about the latest trends in education and the global job market as well as the demands that need to be met so that students can be recruited after they get their degree. Ireland’s steps towards perfection are slow but in future the nation will be successful in this mission.