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Is a degree even worth it any more (and where’s the money?)

Is a degree even worth it any more (and where’s the money?)

Three quarters of Australians now think a university degree is “not worth it”. Are they right or is university education still your best bet to get ahead?

We crunch the numbers on how much a university degree is worth in 2025.

We crunch the numbers on how much a university degree is worth in 2025. Rachael Bolton

When it comes to whether to go to university or not, it’s easy to think that the ‘math no longer maths’. The cost of getting a degree has increased between 20 per cent and 50 per cent since 2021; the starting salaries for graduates have stalled or declined and that’s for those who can get a job; 30 per cent of graduates haven’t secured a job six months after finishing; and to top it all off, classrooms are empty as cash-strapped students shun a social life to make ends meet.

It’s no wonder a September survey published by Deakin University shows only 27 per cent of Australians think a degree is “very valuable” while 76 per cent said they were “too expensive” and “not worth it”.

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Rachael Bolton
Work and careers reporterRachael Bolton is a work and careers reporter for The Australian Financial Review. Connect with Rachael on Twitter. Email Rachael at rachael.bolton@afr.com.au

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Original URL: https://www.afr.com/work-and-careers/education/is-a-degree-even-worth-it-any-more-and-where-s-the-money-20251113-p5nfae