The Smart Inittiative of Lsbf to Reduce Debt of College Goers
Bristol, United Kingdom, December 8, 2014 (Newswire.com) - Paul Merison, the director of ACCA at the London School of Business & Finance (LSBF) has recently expressed his views regarding the hefty college fees, which results into unending debt on students who pursue their favourite careers. However, owing to the difficulty in paying huge fees, no living costs, children come out with massive debts due to which they prefer becoming school leavers. LSBF, has hence taken a smart initiative in providing a school leaver scheme that entitles students to work before they complete their degree programmes and a fraction of cost they pay at other schools.
According to Merison, employers do not hire people who have left out schools and are not prepared and skilled for work.
In addition to this, he describes how the today’s school leavers are being sceptical about the benefit of the traditional university route. As the debts are no more an attraction, there are thousands of students who are compelled to either leave their chosen careers or do not get into them at all.
He further provides the role of media, where in, there have been plenty of stories describing how many students have chosen to avoid going to university and prefer getting into some kind of professional employee training scheme where they not only get a paid job, immediate work experience, office skills training but also they do not need to pay huge fees. Here, children have no age limits and they are able to work well than their friends studying from university.
Besides these people, Paul also talks about people who still require the degree, for which certain programmes have been designed to build a university degree into the package. These programmes use the professional qualification of students for getting into study exemptions and speed up their graduation time into as lesser as only months.
Paul Merison went to university twenty five years ago where he got a maintenance grant from the government. There, he neither had to pay any fees, rather he spent three years studying with much more focus of getting a life experience of how to live and survive alone. He talks about LSBF in London that offers a similar school leaver scheme which is actually much more practical, as well as, work-focused than a traditional degree programme.
The school offers degrees at a fraction of the cost which a student(18 years old) would pay anywhere else. The agenda behind this approach is to prepare students with workplace and career skills and then academic study.
Paul says, “When I was 18, any talk of not going to university would have drawn a glare from my mother – and rightly so. My degree has stood me in good stead, and I had a fabulous three years at university. But as soon as I had work experience and my accountancy qualification, nobody asked about my degree any more. And as an employer, I am far more interested in someone’s practical skills and how they fit in with office colleagues than any academic certificates they have obtained. I don’t know when it all changed. But it did.”
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