A fifth of parents would be “unlikely” to encourage their children to go to university, research has found.
A study of 1,000 mums and dads, with kids aged 15 and above, found 73 per cent of parents would “struggle” to support their child financially if they were to go to university this year.
And almost half (45 per cent) admitted they would be worried about the impact of student debt on their kids if they were studying for a degree at the moment.
Instead, an apprenticeship may be a more viable option – with 60 per cent of mums and dads saying the biggest benefit to such a scheme is the ability to “earn as they learn”.
The potential for developing life skills (18 per cent), and the wide range of qualifications on offer (11 per cent), are also considered to be advantages.
The research was commissioned by Greene King, which is continuing its award-winning apprenticeship scheme – and building on a 2022 commitment to take on 5,000 new apprentices by 2025.