Just how much is your undergraduate bachelor's degree worth? In South Africa, the value of a bachelor's doesn't seem to hold the same prestigious value as before.
StatsSA's recent report, drawing from data gathered in the 2022 census, reveals some insights into the evolving tertiary education landscape. From the rising prominence of specialised honours degrees to the disparities in educational choices between genders, the report prompts us to reconsider the traditional educational attainment metrics.
So, does your bachelor's hold up in today's dynamic educational and professional environment? Let's explore.
The rise of specialisation
As indicated by the significant increase in honours degree attainment since 1996, the need for a more acute understanding of differing fields reflects a growing recognition of the value of specialised skills and knowledge. It responds to the evolving needs of a more technical job market, where employers increasingly seek candidates with expertise in specific fields over simple labour.
The rise of automation in manufacturing and the increased proficiency of AI in completing rudimentary tasks has, in some ways, added to the redundancy of these tasks as physical, paying jobs. While these jobs may seem to be disappearing, they are, in fact, often replaced by more complicated ones, showcasing the need for more specialised training.
For example, while AI can handle simple functions, being able to prompt, communicate with and even code the process of that AI may become the new job of the future.
Over and above, technical and vocational colleges are crucial in providing practical, hands-on training that equips individuals with directly applicable skills.
Certificates vs. Degrees
According to the StatsSA report, there has been a notable increase in the attainment of certificates and diplomas, indicating a growing emphasis on practical, hands-on training. However, the report also highlights a significant rise in obtaining honours degrees, suggesting a concurrent recognition of the importance of specialised education beyond basic certificates or diplomas.
While certificates may offer quicker entry into the workforce, degrees, particularly higher-level ones like honours, master's, or doctoral degrees, correlate with higher earning potential over the long term. The distribution of fields of education by gender, as highlighted in the report, may also influence the choice between certificates and degrees, with specific fields traditionally associated with one gender or the other.
Here is a breakdown of the pros and cons of both:
Certificates
Pros:
Cons:
Degrees
Pros:
Cons:
Gender Disparities in Education
The StatsSA report highlights significant gender disparities in educational choices, with women dominating specific fields such as office administration, social sciences, and education while being underrepresented in STEM (Science, Technology, Engineering, and Mathematics) fields and other traditionally male-dominated industries.
Societal norms and stereotypes regarding gender roles and career paths contribute to these disparities. For example, during the 1980s and 1990s, when personal computers became increasingly popular, marketing campaigns often depicted boys as technology's primary users and enthusiasts. Advertisements for computers, video games, and other tech-related products predominantly featured boys and men, creating a perception that these were male-dominated domains. Spend any time within these communities, and you'll find this goes without saying.
This targeted marketing reinforced societal stereotypes that technology was a masculine interest while simultaneously alienating girls and women from feeling included or encouraged to pursue STEM-related activities or careers. While it is true that men and women gravitate to differing interests, there is no biological or psychological inclination for STEM fields to demonstrate these disparities naturally.
Building inclusivity in STEM
STEM fields continues to face challenges in attracting and retaining women, with factors such as lack of female role models, unconscious bias, and systemic barriers hindering inclusivity. However, the answer to these disparities often lies in simple representation.
For example, the Scully Effect, a social phenomenon named after the character Dana Scully (played by actress Gillian Anderson) from the TV show "The X-Files," refers to the phenomenon where the portrayal of strong, capable female characters in STEM fields positively influenced young women's interest in pursuing careers in those fields.
While mentorship programs, scholarships, and diversity training can help address these challenges, it's important to understand that positive representation in media goes so much further in creating organic interest in these fields.
Individuals must carefully consider their education and career paths, weighing the benefits and drawbacks of different educational options. Ultimately, creating a more inclusive and diverse educational and professional landscape benefits everyone, drives innovation and progress, and prepares us for the ever-evolving landscape of the modern era.
Are you looking to buy or sell your property?
Visit our website at https://www.homesofdistinction.co.za/
Sign up for our newsletter: https://www.homesofdistinction.co.za/newsletter/
https://www.homesofdistinction.co.za/agents/ or pop by our offices for a chat. Our friendly property practitioners are always available to assist in this regard.
Homes of Distinction CC holds a Fidelity Fund Certificate issued by the Property Practitioners Regulatory Authority (PPRA).