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Is a university degree still worth it?

Is a university degree still worth it?

The pay premium for graduates is on the decline, while the sector is a mess and academics are asking whether we have reached ‘peak university’.

Hannah Forsyth says the main focus for university management bent on increased productivity is “endless sub-optimisation”. Dominic Lorrimer

Julie HareEducation editor

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In the ponds outside the entrance to the chancellery building at Australian National University there are a handful of fake orange goldfish. Not so long ago, a dozen or so majestic koi – real ones – swam among the lily pads and reeds.

For historian Hannah Forsyth, who has written the definitive book on the history of higher education in Australia, these fake fish are a metaphor for the modern university.

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Julie Hare
Julie HareEducation editorJulie Hare is the Education editor. She has more than 20 years’ experience as a writer, journalist and editor. Connect with Julie on Twitter. Email Julie at julie.hare@afr.com

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Original URL: https://www.afr.com/policy/health-and-education/is-a-university-degree-still-worth-it-20241205-p5kw37