There is a huge chunk of the population that stops studying after high school ends, and immediately enter the work force, and there is a certain set of the population that continues their post-secondary education by joining college and later, even universities. So, if you happen to be a parent that is on the fence and is unsure about whether or not you should send your child for higher education, you can keep on reading below.
Firstly, if your child happens to have a college degree, they are much more likely to have a better job once they enter the workforce later on. A college degree is proof that your child is capable and knows how to work in their respective field, so their starting job position will be much better, and will offer a better pay compared to people who only work with a high school diploma.
College also happens to be a great opportunity for your child to experience diversity, competition and get some training and preparation before going into the practical world, and this will make the transition from educational to practical life a lot easier for them.
College does happen to be really expensive, and it is because of this fact alone that a lot of parents are not able to send their children to college. However, thanks to Registered Education Savings Plans (RESPs), you are now able to start saving up and investing in your child’s future beforehand, so by the time they do happen to reach the age to start college, they will have the necessary funds to be able to afford a post-graduate education. Knowledge First Financial happens to be one of the many companies that collaborate with the federal government and provides RESPs to different areas in the country.