University fees have decreased demand for degrees

Do you need your University Degree For the job you’ve signed up for?The amount of graduates unemployed and the current economic climate has affected the amount of applicants to university for 2012

Students looking at the amount of unemployed graduates are said to doubt the value of a degree. There are University graduates who are making sandwiches or coffee and taking on internships with no pay and doubling their debt to do so. The number of UK-born university applicants to start next September when fees are rising to £9,000 a year has plummeted by almost 12%.

Figures published by the Universities Colleges and Admissions Service (Ucas) revealed that 52,321 applicants applied from the UK compared to 59,413 last year.

Sally Hunt, general secretary of the university and College Union has said that the statistics show that the government’s fees policy has been a disaster from the start. "It is clearly having a serious impact on the choices young people make," she said. "People should study the right course for them, not just the cheapest one or none at all. These depressing figures take us back to the time when it was cost, not ability that determined your future."

Yet as it is early in the application process many believe people are jumping the gun in labeling it a total disaster. With tuition fees for many universities still not decided upon, some students may be waiting to see which option may be the cheapest.

Wendy Piatt, director general of the Russell Group, which represents 20 leading universities in the UK, including Oxbridge has said that top universities will be “pumping millions more into financial support over the coming years”.

“Students should certainly not be put off university by the new fees and funding system. If you're good enough to get in, you can afford to go.

"We will continue to urge every student with the talent, potential and ability to succeed at a Russell Group university to apply. In addition to the government's student support package and the fee waivers and bursaries that our universities offer, we will continue actively to reach out to students from all backgrounds, especially those with no family history of higher education," Piatt said.

The government is been called upon to promote jobs growth as more and more graduates become unemployed, and many students consider options other than unviersity.

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