Does Finishing College Still Matter?

Does Finishing College Still Matter?

Spotlight

Globe Recreates The Way You Learn With Special Promos

Globe introduces special Go promos for students and the GoTOK series to make quality learning and self-improvement accessible for everyone online and in real life!

Roma Point Bridge Construction In Full Swing With Republic Cement Support

Expected to be the longest bridge in Calabarzon, the Roma Point Bridge, also known as the Alabat Bridge, will be 1.7 kilometers long upon completion and will connect Alabat Island to mainland Quezon province.

Specialty Pulp Manufacturing Inc. Chooses 100% Clean Energy From EDC

Agriculture-based manufacturing company SPMI is now being powered by clean, renewable, reliable energy from EDC!

1st ARISE Virtual Annual General Membership Meeting Focused On Business Resilience

ARISE Philippines discusses the need to focus on key priority areas in its advocacies on disaster risk reduction in its first virtual Annual General Membership Meeting.

In early 2018, Republic Act 10931 or the Universal Access to Quality Tertiary Education Act was signed. The law institutionalized free tuition and other fees of students enrolled in state and local universities and colleges, and technical-vocation education and training programs registered under the Technical Education and Skills Development Authority.

College became a lot easier more than ever. Previously, students from the University of the Philippines Diliman need to shell out PHP 1,500 per unit. But now, tuition is no longer a burden for both students and parents. More than 1.3 million students have benefited from the new law according to Commission on Higher Education Chairman J. Prospero De Vera III.

However, to conclude that quality tertiary education has successfully been made accessible solely based on this is being quite shortsighted. There are still several issues of access that needs to be addressed such as the lack of competent teachers, lack of learning materials, the exclusion of persons with disabilities, location of the school, other expenses related to education not covered by law such as books, etc. etc. In the end, tertiary education is still a privilege.

Statistics from the Department of Labor and Employment’s JobsFit 2022 Labor Market Information (LMI) Report showed that high school graduates have the biggest unemployment rate in 2017 with 43.9% compared to those who finished college with 19.6%.  Those who did not finish college have a lower unemployment rate of 14.2%. From March 2016 to December 2017, the top occupation with the most number of vacancies is call center agent with 39,059 according to PhilJobNet. Current minimum qualifications for the job no longer ask for bachelor degrees but for specific skills and sometimes only a high school diploma.

Despite these data, the LMI report said that “highly educated individuals have higher reservation wages and can afford to wait for better job offers.” In common physical ads for job vacancies such as those for sales clerks and waiters, a four-year degree with a pleasing personality is almost always the combo prerequisite. Moreover, if you have to compete for a job, the bachelor’s degree holder is more likely to get it. If you already have a career, the college graduate is more likely to be promoted in the future.

Another study from Entrepreneur.com and JobStreet suggests that college graduates were earning more than those who did not enter college. The average salaries of college graduates are around 37.7% and 38.5% more than high school graduates and vocational diploma holders respectively. During the start of their careers in an entry-level position, salaries of college and high school graduates tend to be similar. But as they advance, the college graduate’s pay will also accelerating compared to the high school counterparts.

Photo credit: Bloomberg

Bloomberg also made an infographic on “computerizable jobs.” Those that have a higher probability to be replaced by machines. And those that topped the list are jobs that require the least social skills and creativity and the most manual labor, which are mostly held by non-college graduates.

School may not be the answer to some of our most vital societal problems. And school in a 4-walled classroom can be stressful and frustrating sometimes but if you do have the means, please do graduate and finish your degree.

GMA Network Presents ‘Alden’s Reality,’ The First Ever Virtual Reality Concert In The PH

Shot in 360-degree, concertgoers not only have access to front-row view, but they are also in for an immersive experience from the comforts of their home!

Roque: DepEd May Only Be Discouraging Minors From Joining Rallies

Pabor ka bang sumali sa peaceful assemblies ang kabataan?

‘Pepito’ To Bring Rains Over Luzon

Brace yourself! There is more Pepito storm to come!

New P170-M US Aid To Protect High-Risk Communities Vs. Disasters

This assistance would focus on communities in Metro Manila and the provinces of Northern Samar and Maguindanao that are highly prone to frequent earthquakes, typhoons, and floods.

Roque: Financing Initial COVID-19 Vaccine Supply ‘Not A Problem’

"Whether or not it’s in the budget, we have a financing scheme already in place. Kung mayroon na po tayong mabibili ngayon, makakabili na tayo ngayon kasi hindi naman po problema ang financing."

House Blessings On The Rise: Former Taliptip Settlers Relocate To New And Safer Houses

San Miguel Corporation's early completion of new house-and-lots for former settlers in Taliptip has caused spike in the request of house blessings.

106-Year-Old Baguio Resident Recovers From COVID-19

Good news! One of the oldest persons in the country, who was diagnosed with COVID-19, was discharged on Tuesday!

Coursera Now Offers Campus Free Pricing Options And Academic Integrity Upgrades

Coursera expands its reach by offering free versions of Coursera for Campus and upgrading features to address the critical and long-term needs of higher education worldwide.

ABS-CBN News Anchor Christian Esguerra Honored With McLuhan Fellowship

Christian Esguerra was given one of the highest honors for journalists and communicators as he was named the 2020 Marshall McLuhan fellow by the Canadian Embassy in the Philippines and the Center for Media Freedom and Responsibility.

Angeles City To Release P19.7-M Add’l Bonus To Employees

Angeles City is set to release PHP19.74 million additional bonus for 1,316 city hall employees despite the pandemic.