1.1: Benefits of a College or University Credential
Why should you enroll in a college or university program? One of the most compelling reasons to attend college or university is to obtain credentials, learn skills and gain knowledge that will help you earn more money than you could have without a postsecondary credential. Some of the other benefits of obtaining a higher education credential include the following:
- Increased job prospects. When looking for work in Canada, Canadian employers like to see that you attended a Canadian school because managers often recognize these schools. If you did not attend a Canadian school, it may be helpful to get a credential evaluation, as doing so will help employers compare the school you attended in another country to Canadian schools.[1] There are various associations that perform credential evaluations, such as World Education Services (WES), that compare your academic accomplishments to standards in Canada and the U.S. These credential evaluations help institutions like schools, employers, licensing boards, and immigration authorities better understand your educational background.[2]
- Higher wages. Workers with degrees earn higher wages and experience lower levels of unemployment than those with only a high school diploma.[3] Generally, the higher levels of education you have when working in Canada, the more money you earn.[4]
- Increased job security. You may be better equipped for economic turmoil if you have a college or university credential.[5]
- Greater life satisfaction. More schooling could lead to a happier life. People with bachelor’s degrees tend to be happier than those without one.[6]
- Easier access to health insurance and other benefits. College and university graduates are more likely to work for companies that offer health insurance benefits than high school graduates.[7]
Continue to Learn
Lifelong learning is the ongoing, voluntary, and self-motivated pursuit of knowledge for either personal or professional reasons. Lifelong learning is a workplace necessity for most employees. It can help employees adapt to changing work demands, improve their performance, and increase their job satisfaction. Many organizations will provide professional development funds for employees’ personal learning and growth. Some companies may require employees to commit to a set number of months or years with the company after completing a company-funded professional development program.
- Rego, A. (2021, February 23). Higher education offers benefits to newcomers. Prepare for Canada. ↵
- World Education Services. (n.d.). About WES credential evaluation. ↵
- Andrews, G. (2024, August 12). Is college worth it? Consider these factors before enrolling. Forbes. ↵
- Statistics Canada. (2023, October 4). Employment income statistics by highest level of education: Canada, provinces and territories, census divisions and census subdivisions. ↵
- Kumok, Z. (2023, June 14). 7 compelling reasons why you should go to college. Forbes. ↵
- Kumok, Z. (2023, June 14). 7 compelling reasons why you should go to college. Forbes. ↵
- Kumok, Z. (2023, June 14). 7 compelling reasons why you should go to college. Forbes. ↵
The ongoing, voluntary, and self-motivated pursuit of knowledge for either personal or professional reasons.