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Friday 23 August 2013

IS IT POSSIBLE TO SUCCEED WITHOUT A COLLEGE DEGREE?



The title for this paper is: Is it possible for people to succeed without a college degree?

The importance of higher education and its influence on the level of success that can be attained by people has been a subject of heated debate in recent times (Lorenz, 2009; Epstein, 2011). While most people agree that a college degree offers the students a number of benefits, divergent views have emerged on its influence on the level of success attainable. Proponents of college degree vouch for it based on the view that it enables the graduates to secure jobs and establish a stable career that ensures their financial stability in the long run (Winslow, 2011; Solnik, 2007; Lucas, 2007). However, this view is highly restrictive as it presumes the meaning of success which in the real sense varies from person to person. A measure of correctness can be accorded to the contradicting views where on one hand, statistics show that holders of a college degree tend to suffer lower rates of joblessness in most economies and tend to earn higher salaries than their colleagues without a college degree (Lee, 2011; Joeplon, 2009). It is also a proven fact that during economic downturns, the average number of college graduates retrenched would average half retrenchment rate for those without a college degree (Koebler, 2011; Donovan, 2011). On the other hand, many success stories have been recorded about persons without a college degree with some of the top ranking entrepreneurs worldwide having no college education (Washington, 2011).  A good example is the famous owner of Microsoft, Bill Gates, who is known to be a college drop out (Lorenz, 2009). This paper seeks to establish the dominant views regarding college education and the success of individuals. It aims to provide the answer to the question on whether it is possible for people to succeed without a college degree. In answering this question, the paper shall provide perspectives on the following research questions:
  • How do different individuals define success?
  • How important is a college degree? And how important is it when compared to experience?
  • What is the relevance of the degree being pursued to the career choice of the respondents? And do the individuals pursuing a college degree expect to find jobs relevant to their career choices?
  • Are degrees absolutely necessary for securing jobs?
  • What choice between being an entrepreneur and a job is more preferable?

These research questions help in establishing the prevailing attitudes in the market. In retrospect, the influence of a college degree on the level of success achieved by individuals is dependent on two variables: the idea of success, and their career choice. This paper works on the assumption that it is possible for individuals to succeed without a college degree. The examinations shall therefore aimed at proving the correctness or otherwise of this assertion.

Methods
The study was conducted in Sheffield and a sample size of 30 respondents was arrived at. These respondents were sought from both students and employed individuals. The sampling process provided for ten students with the remaining twenty being arrived at through random selection in various organizations within the area. The interviews were conducted orally and were conducted personally. The choice of venue was determined based on the respondents’ preferences with most interviews being conducted at their places of work and learning institutions. With the consent of the respondents, the use of recorders was engaged to ensure sensitive information could be captured and analyzed at the convenience of the researcher. The dominant philosophy governing this research was interpretivist owing to the fact that the subject matter is highly dependent on the perspectives of the persons being interviewed.  The understanding of the divergent perspectives was instrumental in sampling and interpretation of the findings of the research. A review of prevailing perspectives was also conducted and was instrumental in informing the questions that would need to be included to ensure the study arrived at the desired objectives. The resultant questionnaire was a combination of open-ended questions and structured questions that was found necessary for accurate analysis.

Results and Discussion
The results showed that the number of respondents pursuing a college degree constituted 57% of the total respondents indicating that a significant proportion of the ones randomly arrived at from the employed segment comprised individuals pursuing degrees while still employed.
Question: Are you a university student?

Source: Own Design
Of the 13 respondents not currently pursuing a degree, 8 were graduates while 5 had not accessed a college education.
Out of those pursuing degrees, about 95% were of the view that the college degrees being pursued were relevant to their careers and useful for their careers advancement as seen below:
Question: Do you think what you have learned is useful for your future career? Yes: 16, No: 1
Source: Own Design
These responses are a likely indication that the respondents probably chose to pursue a college degree out of their belief that a college degree was crucial to their success in career development.
This question is closely related to the question on whether the students were expecting to find jobs relevant to their degree courses where an overwhelming majority (95%) expressed optimism to the affirmative.

The question as to the purpose of the pursuing a university degree was varied with 69% stating that it was relevant for getting a good job in future; 30% stating that it enabled them gain knowledge, and 5% citing ‘other reasons’.
Column1
Great Job
Gain Knowledge
Others

11
5
1
Percentage
65%
30%
5%
Source: Own Design
Of the 17 respondents, 11 were either already employed or actively engaged in gainful employment.

Further results showed that more of them (60%) laid greater emphasis on experience as being more important than a college degree. These are illustrated as below:
Source: Own Design

This was closely tied to the question to agree or otherwise with the statement that ‘people can’t find jobs without a degree’. To this, the responses were as follows:
 Strongly Agree
Partly Agree
Partly Disagree
Strongly Disagree
1
6
7
3
15%
35%
40%
10%
Source: Own Design
Question: If you have the chance to start your career now, would you keep on doing your degree?
90% of the respondents stated that they would continue with their education to its logical conclusion even if they found a good job opportunity.
This was a clear indication of the importance that the students attached on a college degree which is normally awarded after completion of the predefined college curriculum. Many of the respondents argued that discontinuing their education would be tantamount to a waste of time and resources already spent since their efforts so far may not be recognized by market players. According to them, a college degree symbolized a certain threshold of knowledge and expertise and would help them prove themselves with relative ease once the degree was awarded to them.
Out of the 13 respondents not currently pursuing a university education, 8 had been to a university while 5 had not.

Out of the 8, 6 stated that their majors were in line with their current jobs. The survey on the level of satisfaction with their jobs also showed that 6 out of eight were satisfied with their jobs. Interestingly, the ones who showed a level of satisfaction were the ones whose majors were in line with their job specifications.
All the respondents had less than 10 years experience with over 60% having less than 5 years experience.

On the question on what was found useful from the university during the working experience, the dominant aspect was the theoretical and technical knowhow that they had applied to ensure effectiveness in their jobs.
Out of the 5 respondents that had no college degree, 60% were optimistic that they could find their dream jobs even without a college degree. This question is closely related to the one inquiring into the kind of jobs that these respondents were engaged in. 1 respondent was under formal employment and 4 of them were self employed with all of the ones who had expressed optimism on finding their dream jobs being self employed.

Finally, the question on how respondents understand as a measure for success, the findings were as follows:
Rich
Famous
Being Powerful
Happy family
Others
10
8
5
4
3
33%
27%
17%
13%
10%
Source: Own Design
Source: Own Design
The demographics were as follows:
Male respondents: 18
Female respondents: 12
Respondents pursuing a college degree: 17
Students in gainful employment: 11
Respondents not pursuing a college degree: 13
Respondents already graduated: 8
Respondents without a college education: 5

The influence of people’s experiences and perceptions on the responses was clear.  This also emphasizes the importance of individuals’ goals in determining their assessment of the importance of a college degree. Those already pursuing degrees mostly viewed the college degree as a crucial tool in enhancing their success with significant proportions holding the view that it was impossible to become highly successful without a college degree. On the other hand, those without a college degree tended to maintain the optimism that they could easily succeed even without the benefit of a college degree. In what could be seen as an acknowledgement of the importance of a degree in securing good jobs, a large proportion of those without degrees were self employed and seemed to have embraced entrepreneurship as the best way of rising to success where they would put their creativity to use and possibly succeed without a college degree. Contrary views were held by those without degrees that were in formal employment who viewed the lack of a degree as a great impediment to their carrier advancement and success. The definition of success was also a contributing factor in determining the views on the influence of a college degree on success. With most people defining success as acquiring great riches and raising one’s status in the society to rich status, the commanding view was that, although a college degree could be instrumental in achieving the defined success, it was very possible to achieve the success without the degree through creativity, discipline and hard work. A college degree provides some measure of proof of competence and therefore lessens the burden of the holders to prove their competence and skills. Those without such qualifications would normally need to work a lot harder to prove their competence which in many cases would require superior manifestation of creativity and diligence before they can be considered competent enough to execute the duties defined. This may also involve providing proof of relevant experience, a requirement which degree holders may not be subjected to in many cases. On the whole, this study found that success can be achieved without a college degree although such achievement may require a little extra effort.

Conclusion
A college degree is without a doubt a great factor in ensuring the success of individuals. However, findings from this study and other previous studies indicate that the hopelessness normally accompanying lack of college degrees is unfounded. Diligence, creativity and discipline have been identified as the surest principles of ensuring success in life (The National Centre for Public Policy and Higher Education, 2004). Although acquisition of vast knowledge can enhance creativity, it is not imperative that such knowledge be acquired through the acquisition of a college degree. As witnessed in the case of Abraham Lincoln, the acquisition of the knowledge critical for success can be done through determination and personal discipline and does not necessarily require a college degree. Several other success stories have been recorded in the business world where many successful entrepreneurs have either been college drop outs or have had no college education at all. The arguments for the acquisition of a college degree have always presumed the definition of success to be mainly the establishment of a definite career path that eventually yields financial stability and possibly riches. This thinking is highly restrictive as it does not take into account the crucial component of determining what people consider to be a symbol of success. To some, success may simply mean being happy, or simply being fulfilled in one’s work. As would be seen in this study, success is achievable even without a college degree.
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