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  • DebD

Is College Worth It?

July 16, 2020



Lately, there's been a drastic increase in the number of people freelancing and taking advantage of the gig-economy. Because of this huge shift, many college grads are jumping on board. But the important question is:


Do You Need a College Degree To Become a Freelancer?


All things considered, freelancing has become, well, normal. Especially with the new generation of youngsters who find freelancing a rite-of-passage into the working world. In fact, the unemployment rate for new college grads is more than the overall population in some places like the U.S. with many underemployed. In other words, recent grads are working in jobs that require no college degree of any kind. As a matter of fact, according to tise article The Future of Work Won't Be About College Degrees It Will Be About Job Skills. Let that sink in.


Not too long ago, a study was carried out asking 1000 freelancers about their background. At least 40 percent stated that they had a university degree. Proving that freelancing does attract individuals with higher-education.


However, the million-dollar question is: is the attraction to freelancing by degree holders by choice, or is it because earning a college degree isn't all-that and finding a traditional job is nearly impossible?


People have various reasons for why they turn to freelancing. I'm a degree holder myself. My decision to go freelance was more about independence and freedom. Obviously, I"m not against people embarking on a higher-education. But times have changed immensely over the last 10 years. Many jobs simply aren't there and many graduates have student loans to pay. It's not a time to sit back and chill. You have to do something. For this reason (and others) many turn to freelancing.


A global research institute revealed that nearly 44 percent of freelancers are self-taught with roughly 14 percent learning-on-the-job. So to answer the question: do you need a college degree to become a freelancer? The answer is emphatically no.


Final Thoughts


I came across an excellent YouTube video about why the concept of "everyone has to go to college" is changing. Much of it has to do with technology and of course, finances.


Watch the video below for interesting views on why society is questioning whether college is necessary in today's world.