Is university worth it?

There are lots of reasons why it's worth going to university. Find out why university is still very affordable, regardless of your background or household income. And why you actually shouldn’t worry too much about the costs involved as a parent or guardian.

The average cost of studying an undergraduate degree in England is will be £9,535 per year from August 2024. Or £28,605 over three years. This amount doesn’t include living costs or accommodation. Clearly, choosing to go to university is a decision which no one should take lightly.  

We still firmly believe that going to university is worth it. University can be a positive, life-changing, transformational experience. That your child will benefit from for the rest of their lives. They'll not only gain a range of advanced skills to make them highly employable. They will also develop the self-confidence they need to unlock their potential and realise their ambitions. 

Why a degree is still the best investment your child can make for their future

  • Having a degree will make your child more employable. On average, 95.5% of our graduates move into employment or further study within six months of graduation (Higher Education Statistics Agency (HESA) 2018)
  • It will pay off over the course of their career. According to recent research by the Institute for Fiscal Studies. Graduates earn on average 20% more than non-graduates during their working life (GOV.UK website, published 29 February 2020)

Useful links

  • Parents and carers guide to university

    From applications to accommodation, help your child take the next step as a university student with our comprehensive parents and carers guide to university.
  • Article

    How does student finance work?

    Not sure how student finance works? Don’t let the thought of student debt put you off applying to university. Find out why and how university is still affordable using our guide to university fees.
  • Article

    Helping your child choose a course and university

    University is a big step so make sure you're prepared to help your child choose the right course and university for them.