Why it pays to study further

There are many benefits and advantages to having a tertiary education, including better pay, improved career prospects, self-development and building your self-confidence.

Tertiary education is ultimately a postponement of current earnings for greater future wealth – monetary, intellectual and spiritual.
It involves sacrifice, hard work and time, because there is no quick fix in obtaining a recognised and respected qualification.

It is seen by many as highly desirable and it does give you greater opportunities for promotion and entrepreneurship. Although there can never be a replacement for life experience, there can also never be a replacement for a good education.

More money

In a recent survey conducted for a trade union, economist Mike Schussler found that the return on a university degree beats everything else over a lifetime. To earn more, one should study more. Although it may seem materialistic, you will be hard-pressed to find someone who does not want to earn more.

Better career prospects

A tertiary education can open doors to many new careers and various opportunities throughout your life.
There are many examples of outstanding individuals who do not have a tertiary education, but in today’s fast-moving world a better education can create the best possible opportunities. You do not need a degree to be an entrepreneur, but it can certainly help. One of our most well-known entrepreneurs, Mark Shuttleworth, has a business science degree in finance and information systems.

Entering a profession

There are numerous jobs or professions that will only allow you to credit yourself as a professional in that industry once you have completed the necessary qualification and board exams.
In most cases you must also undergo continuous education while you are practising in that profession. Among others, these disciplines include lawyers, engineers, doctors and chartered accountants. These professions are run by professional bodies who ensure that the quality of training and education enables a professional service for the benefit of the individual and the country as a whole. Studying for many years may seem like a big chunk out of your life, but in the long run it is always time well spent.

Self-confidence and self-development

These are two rewarding effects of further education. A college or university is not the only place to build these qualities, but the awareness and confidence gained through tertiary studies is enormous.
Taking time to develop your talents benefits you, those around you and society at large.
It is expensive, but to help you reach your dreams, develop your talents and earn more, you can consider subscribing to the Fundisa Fund, which can set you on your path to greatness at a cost of just R50 per month.

Anthony Katakuzinos is Stanlib’s director for client service. For more information call the Fundisa contact centre on 0860 386 3472.

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