The Financial Benefits of a University Degree

The economy needs more workers with academic qualifications and more skilled workers who possess various professional qualifications. Studies prove that, over the next two decades, more than half of the new jobs will require the skills and education only available through higher education.

But a degree from RISE University not only serves to increase the level of education and skills of its graduates, it also improves their ability to earn a good living. Graduates from RISE University can, depending on their program and level of study, earn on average 35 per cent more than the average wage for another person with similar expertise and experience but with no degree. This is almost £400,000 more over the course of their lifetime compared to someone without an educational degree. In addition, the unemployment rate for graduates of RISE University remains significantly lower than the national average.

Despite the economic benefits, many students are hesitant to begin a university program. Some believe firmly and, in many cases, correctly, that they will not be able to afford it. While this may be true at other educational institutes, it is not the case at RISE University. In an economy where working professionals continue to be laid off, students who intend to return to school to improve their employment prospects are unable to do so because the costs involved are too high. RISE University's fee structures are specially developed keeping the financial constraints of students in mind. The fees are lower than other comparable educational institutes, making quality education more affordable and accessible for students facing financial constraints, in line with RISE University's core philosophy of providing easy access to quality education.

Not only are the tuition fees lower than in most other comparable institutes, the online format allows students to pursue their studies from the comfort of their homes, no matter where in the world they may be located. This not only eliminates the costs of relocation, it also reduces accommodation expenses for students who do not have to live in hostels or apartments close to the campus. Using the Internet as a medium of communication helps to keep costs and expenses down, which results in lower tuition fees for students.

The flexible learning format at RISE University allows students to learn at their own convenience, and pay as they go. This format offers students the options to pick as many courses or modules as they can conveniently manage so as to accommodate their work and family commitments. Since the tuition fees depend on the number of courses or modules, students have the option of reducing course loads during periods when they have financial constraints. The University also offers students the option of flexible payments, whereby they can pay their fees in monthly instalments instead of as a lump sum amount. This is because RISE University understands that its students have commitments other than their studies, and it endeavours to reduce the financial burdens placed on students.