We have spent a lot of time talking about graduates recently. You’ll remember reports showing junior tech jobs have become harder to get, along with research showing many young professionals are leaning on AI tools to help write applications and complete workplace tasks.
Those articles were about people who made it through university but there is another group with a different question. What happens if you never go to university at all, or if you start a degree and cannot afford to finish it?
That question is becoming more relevant as tuition fees are higher than ever and student debt follows many graduates for years. Plenty of young people are asking whether spending years studying makes financial sense when they could be earning money immediately.
Why Are More People Looking For Alternatives?
Money is a big reason – especially since university can be expensive long before a student even receives their first bill. Rent, food, travel and study materials all add to the cost and for many families, those expenses can feel difficult to justify.
Economic slowdowns often bring these discussions back into public conversation. When jobs become harder to get and household budgets come under pressure, people start questioning expensive investments and looking for ways to earn sooner.
The research commissioned by Kahoot! and conducted by OnePoll gave another reason in that report we looked at. Competitive pay was one of the top priorities for graduates entering corporate jobs. Young workers want careers that can support them financially without waiting years for a return.
There is also growing awareness that a degree is no longer the only route into a well paid career and tech has become one of the best examples of that change.
Which Jobs Pay The Most Without A Degree?
Not being able to go to school is not the end of the world for people who do not have a university qualification because Claudia Cohen, Director of La Fosse Academy, says employers are putting more emphasis on skills than academic credentials.
“Businesses are prioritising skills, not certificates. They want people who can learn quickly, adapt to new technology, and contribute from day one. It’s a positive shift, and one that has opened the door to a wide range of well paid careers that don’t require a degree.”
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Here are three of the highest paying options she identified…
1. Machine Learning Specialist
Starting salary: £75,000 to £80,000
Mid level salary: £75,000 to £85,000
Earning potential: Up to £150,000
AI has created a huge need for people who understand machine learning systems and can help build them.
“As artificial intelligence accelerates, machine learning expertise is becoming one of the most sought after skillsets in the UK labour market,” said Cohen.
2. Data Engineer And Data Analyst
Starting salary: £40,000 to £55,000
Mid level salary: £55,000 to £75,000
Earning potential: Up to £120,000
Businesses produce huge amounts of information every day. They need people who can organise it, analyse it and help decision makers understand it.
“Demand for data skills continues to rise as organisations increasingly rely on analytics to make decisions, and support AI adoption,” said Cohen.
For people entering technology through training programmes, bootcamps or apprenticeships, data careers could really have some substantial earning potential.
3. Software Developer
Starting salary: £35,000 to £40,000
Mid level salary: £60,000 to £70,000
Earning potential: Up to £100,000
Software development is one of the best known examples of a profession where skills can outweigh academic qualifications.
“The rise of coding bootcamps and self taught pathways means developers without degrees are now securing roles that were once graduate only,” said Cohen.
Many developers start with online courses, personal projects and community groups before landing their first professional position.
Why Are Employers Paying So Much?
The answer comes down to shortages of skilled workers.
According to Cohen, organisations need people with expertise in AI, cybersecurity and cloud computing faster than they can recruit them.
“AI, cybersecurity, and cloud technology are reshaping every sector. Companies cannot hire quickly enough. For people willing to learn, these roles offer strong earning potential and long term career stability.”
That has created a labour market where demonstrated skills can hold as much value as academic qualifications.
For workers willing to learn new skills, that creates opportunities that barely existed a decade ago. Of course, you cannot use this answer for career choices that require qualifications, but if that isn’t your route, this is worth considering.