Do You Really Need To Graduate To Have A Decent Income?

There are several reasons why people choose to apply to the university and earn a diploma. However, it’s been a trend lately, that more and more people are refusing to graduate or drop out of the university, naming the reasons that they can become rich without holding a diploma. The reason why we try to get an education and earn a diploma is to settle ourselves in one certain field that is closely related to our skills, interests, etc. However, the advancement of technologies has created a great opportunity for everyone to get knowledge in any specific field without even going to university. It should be also mentioned that there are some fields where people cannot establish themselves without having a degree, for example, science, law, medicine, etc. 

On the other hand, there are many other innovative fields that do not require a university education, for which we have an amazing example such as Bill Gates, founder of Microsoft, Mark Zuckerberg, founder of Facebook, or even Lady Gaga, from the entertainment field. We are talking about the people, who did not get a university degree but are still billionaires. If we observe more carefully, it is vivid, that they are the ones that are involved in the technological/software industries, which does not necessarily require attending the university, everything can be done even from home. The article will review some of the major reasons why a person does not necessarily need to attend a university to become financially successful. 


The importance of the online learning 

As we have seen from many examples, a degree does not necessarily mean open opportunities. For example, if someone is considering earning an MBA degree and get a loan for the four-year tuition, the first thing to ask himself/herself is how much they need to study at the university to become a coder for example. There are big chances for you to find an alternative online course and sign up for it, by which you will get the same quality practice as in the case of long-lasted university studies. 

Investing in real estate does not require a degree 

One of the most profitable businesses all over the world now is investing in real estate. One of the best ways to do it is crowdsourcing, which means that there are several investors who collect the funds for the bigger investment. One of the best units to invest in are hotels, office buildings, or storage units. After earning a decent amount of money, you will be able to establish yourself in commercial real estate, which will help you to increase your income. 

A lot of new industries 

If a person wants to have a six-figure income, it is not necessary to go to college, since air traffic controllers are not required to have the degree and still earn six figures within a few years. As well, the industries such as real estate brokers or technical writers, such as copywriters/content creators are not required to have their diplomas in their portfolio. 

Other than those, there are plenty of other options depending on your skills, such as trading for those who are interested in the financial market. Tips and tricks can be taught online, or from other people’s experience and the only thing that is left is to open a forex trading account with the help of a brokerage company and start trading, which in case of successful activities, will bring you a decent amount of money. Not to mention again, this also became possible due to technological advancement.

Another very demanded profession nowadays is graphic design which can be done remotely, as a freelancer with the help of platforms that provide the companies as well as the freelancers to connect with each other and make an agreement. In this case, everything is done virtually, so that the person is receiving the payment for the work without even having to meet the client. 

The role of student debt 

In general, the payment for the university is so high that the majority of people have to take student loans. This basically means that after finishing university and starting working, people have to take care of their student loans and pay back to the university. Usually, it takes years for people to finish the payment that affects the living standards during this whole time period. Instead of wasting this money people can use it for many different reasons and get even higher-paying jobs. 

The time aspect 

The demands for one certain profession change a lot during a short period of time, and after graduation, your diploma might not have the same power as it would have when you applied. This is why it is important to look further when applying for the university and evaluate the importance or relevance of your future career for the next several years. On the other hand, if your degree is still very relevant, it does not mean that it will open all the doors for you. 

Finally, one of the most important things to have with you while choosing the career path and want to establish yourself in a certain field, no matter with a degree or without, is grit, which is passion and perseverance for long-term goals. This is something that cannot be taught from textbooks, it comes from real-life experiences while coping with the problems on your own. Success is a result of the hard work that can be done without the following of the curriculum.