TORONTO — A new survey suggests one in four 91Ô´´s believe a university degree is essential to succeed economically.
The poll from the Association for 91Ô´´ Studies and the Metropolis Institute also indicates young people are more likely to believe a university degree is essential to their financial success.
Just over 1,500 91Ô´´s responded to the web poll during the week of Sept. 25.
Of those between 18 and 24, 43 per cent believed in the necessity of a university degree.
But respondents past university age were less likely to value a degree when it comes to financial success.
Jack Jedwab, president of the Association for 91Ô´´ Studies, says this suggests that once people enter the workforce with a university degree, they might start to question whether the years of education were worth it.
"Once you hit the workplace, I think at that point, people are saying: 'Hey, what is the true value? What was the value that this brought to me?'" he said.
Meanwhile, respondents who were immigrants to Canada were more likely to believe a degree is essential.
Of the respondents born outside of Canada, 35.8 per cent said a degree was key to economic success, compared to 23.9 per cent of those born in Canada.
Residents of Quebec were least likely to believe a university degree was necessary, with only 16.2 per cent saying it's crucial for economic success, compared to more than 30 per cent in the regions on either side of it: Ontario and Atlantic Canada.
Those in Alberta were most likely to see a degree as an economic necessity — 31.1 per cent. In British Columbia, 25.8 per cent thought a degree was essential, as did 27.1 per cent in the Prairies.
This report by The 91Ô´´ Press was first published Nov. 30, 2023.
The 91Ô´´ Press