The Financial Value of an A grade

The Financial Value of an A grade

During your secondary school years, you often don’t realise that your decisions and actions can impact your future long-term. Understanding how an A grade translates financially into long-term success is essential for young people. During these years, we start laying the foundations of our lives. The skills you learn in school will stay with you forever. You know to set goals and apply yourself so that you can achieve those goals. School teaches you how to balance life between work and play. You also learn to prioritise, focusing on what needs to be done instead of what you would like to do.

How Good Grades Translate to Financial Value

Often, young people underestimate the value of good grades and their impact on their future. Good grades can open many doors, especially when applying for a tertiary education programme. With good grades, you can translate a solid education into a rewarding & well-paying career. Many students cannot access the tertiary education programme of their choice due to not achieving the required marks in secondary school. Students need to understand this and work hard during school to get good grades. The future is yours, and it can be bright with good grades.

In addition to opening the doors to a stellar tertiary education, obtaining above-average grades in secondary school can also improve your employability. Employers look at secondary school results to determine whether a candidate can perform well academically. They use this information to determine whether candidates can learn and thrive in a specific setting.

If you are unsure about which career path you would like to embark on, good academic results will allow you to secure an entry-level job which pays relatively well while you decide on the career that will be best suited for you. This way, you will discover your strengths, weaknesses, and likes and dislikes.

Scholarships

Universities like Liverpool John Moore University offer full merit-based scholarships, rewarding exceptional students for their outstanding academic achievements. Most of these scholarships offer to settle the tuition fees for an entire undergraduate study programme, freeing the scholarship recipient from any obligation to repay the programme fees. A wide range of scholarships is available, including Masters and Doctoral studies.

Young people who excel academically can also consider applying for a scholarship abroad, opening up a new world of possibilities. Studying abroad will allow you to immerse yourself in another country and its culture.

Education is a personal and financial investment and one of the best investments you will make. It influences your life significantly and can determine which path you take in the future. It can even empower you to make a change in the world as we know it.

Earning Potential

Having a good education with exceptional results can provide a stable career with high earning potential. A recent article in the Telegraph stated that a person without a degree could earn up to £12,000 less per annum than a graduate entering the job market. Furthermore, the report says this amounts to over £500,000 difference in earning potential over an average working life. A survey by the jobs website Adzuna analysed a million vacancies, concluding a widening pay gap between non-graduates and graduates. This demonstrates the difference in earning potential that having a solid education can make when pursuing the career of your choice.

Performance in School Translates to Performance in Career

A proven correlation exists between not doing well in school and not doing well in university or your job. An article by James Rosenbaum on the American Federation of Teachers website states that students who do not perform well in school will probably not graduate from college, and many not progressing further than remedial courses. There is a close connection between high school preparation (regarding the rigour of courses and grades received) and college completion. This information is well-known to statisticians, researchers, and policymakers who follow such matters. High college enrolment rates and low graduation rates are known facts in most open admissions and less selective colleges (both two- and four-year).

Education is a lifelong journey which adds lasting quality to our lives. There are so many different educational pursuits we can follow and many different fields of study. The tricky part is choosing what you want to pursue!

The GT Scholars Awards programme focuses on helping young people understand the variety of career and study options available to them and can assist in making an informed decisions about their future careers.

If you are struggling to achieve good results in school, our flagship programme, The GT Scholars Academic Programme, has helped many students. This unique after-school programme combines tutoring in either Maths or English, Enrichment and Skill building classes. After joining the programme, students improved by two grades within a year. If you are interested in one of our programmes, you can register your interest here, and one of our team members will contact you to discuss things in more detail.

Marilyn
Post 16 What's new? Young people