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Dec 06
Love0

Apprenticeship vs degree – who earns more in a lifetime

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An apprenticeship and career in the trades is just as financially lucrative across a lifetime as a university degree, according to a new report by economic think tank BERL. In a project undertaken for the Industry Training Federation (ITF), BERL modelled the costs and benefits of an apprenticeship versus a degree across a working lifetime. Using average wages at each age during the career path and factoring for average student loans, house prices and savings rates, it was found that the financial position at retirement for someone with a level…
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Mar 04
Love9

Vocational Education empowering Youth For Career Growth

By Uncategorized
Even though it has one of the largest manpower resource in the world Indiais currently facing a unique dilemma. The skilled workers comprise only 5% of the total industrial workforce as compared to 85% in other South East Asian countries. More than 90% of Indian students drop out of the education system at various points adding to the 300 million strong unemployed and ill-educated population. In a recent study, the National Skills Development Commission indicates that under the current system India will produce only 3 million skilled workers against a…
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