Learning – The Real Cost

Recently published long term studies have indicated that on average, it costs a total of 193,000 pounds to bring up a child in the UK – equating to approximately 26-28 pounds each day. This news was received with a swathe of cynical reactions from long suffering parents, few of whom were totally shocked.

The current recession and its effect on traditional educational systems is now being evaluated by many pundits. They make consistent reference to the strategies to survive adopted by parents, teachers and students alike in the recession of the 1990’s.

Analysis suggests that on average up to 40 percent of the entire household disposable income is spent on education and schooling overall. With the hardening attitude towards bank lending and mortgage allocation this figure could rise as our young people stay with their parents for longer before leaving the nest and lengthen their education programs – almost as a by product of something to do whilst we wait for things to get better.

With families focusing increasingly on the cost of living, along with many companies cutting back on training and development programs – it’s pointless spending money on training when you don’t know for certain that the person won’t be made redundant – it’s small wonder that many people are now reviewing their method of personal development and the subject matter in which they study.

Banking, public services and the like have historically been considered long term stable employers and attracted people in accordance with that. Over the last ten or so years this has been largely superseded by the perception of positions on offer within the IT industry.

Unlike training in engineering or the motor industry (where key skills have mostly to be gained in a practical environment), IT training can predominantly be home based. Whilst it’s difficult to transport a complete car production line into a home, computer based training is a different matter. Progress in the intellectual property field such as IT have grown exponentially because of this and the continued developments in the way the skills are taught and learned.

Remote access 24/7 to highly skilled lecturers is available due to the utilisation of new training methodologies. This adds weight to the strategy and the final results are qualifications in a field that’s widely sought after on an international level. Add to that easily quantified salary and career structures, and it’s little wonder that IT training is attracting so much attention.

Many people are unsure of their future, whether early on in their career or mid way through life. Home based training, for example in IT, can often be viewed as a highly effective, low cost, easy-paced development program; gaining skills that are sought after all over the world and very resilient in a volatile economic environment.

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