How graduating from university can skyrocket first-generation students’ careers and earning potential
A university degree can significantly enhance job prospects and financial stability, especially for first-generation students—the first in their families to attend university—where a university degree can expand career options and increased earning potential, making higher education a powerful tool for long-term success.
The economic impact of a university degree
University education has an immense impact on career advancement and future income. Canadians with a bachelor’s degree earn 24% more than the national average, while those with a master’s degree earn 38% more and those with a doctorate earn 48% more. For first-generation graduates, this income increase can be especially transformative, offering them the opportunity to achieve a future that differs significantly from that of their parents.
University degrees broaden career opportunities
Beyond the financial benefits, higher education contributes to career stability and growth. A university education opens doors to a wide range of job opportunities that might otherwise be inaccessible and helps build a strong professional network that can be instrumental in career advancement. Work-integrated learning programs, such as co-ops and internships, along with the Global Skills Programs offered through universities equip students with practical experience and adaptability, giving them a competitive edge in their careers.
Higher education is the ticket to a more prosperous future
Earning a university degree is more than a personal milestone; it’s a gateway to expanded career options, a higher income and a brighter future. A university education offers students from all backgrounds the opportunity for long-term financial stability and career growth, while also contributing to the betterment of society as a whole.
About Universities Canada
Universities Canada is the voice of Canada’s universities at home and abroad, advancing higher education, research and innovation for the benefit of all Canadians.
Media contact:
Lisa Wallace
Assistant Director, Communications
Universities Canada
communications@archives.univcan.ca
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