News & Articles About College & University

More University Graduates Forgoing Employment to Make Money Online

New York, NY (PRWEB) March 19, 2008 -- An increasing number of University graduates are opting to pursue careers in online business rather than pursuing traditional vocational and professional training routes as a result of the increased earnings potential and ease with which businesses can be established, according to the findings of a study released today on behalf of http://www.DataEntryCompany.com.

According to the findings, more and more top graduates are shunning low paid training positions across professions in favor of starting their own businesses, particularly online given the lower capital requirements and minimal regulation, which could have dramatic consequences for the health of the economy should this mark the beginning of a growing trend.

Whilst professional training positions are still heavily oversubscribed, the growth rate in the number of graduates opting for alternative income opportunities could eventually give rise to a shortage of suitably qualified professionals in both the public and private sectors. Likewise many of the most vital professions are losing out an increasingly growing number of graduates who after several years of academic study are seeking alternative routes to clearing their student debt.

Vipul Gupta of DataEntryCompany.com, commenting on the findings, has said that whilst there are ample opportunities for graduates to make six figure sums online and more. this could lead to more significant problems for the economy and in particular some of the most crucial professions unless employers make more cash available to attract the best talent

"There are an unlimited number of different opportunities for graduates to make money on the Internet without having to face grueling employment procedures or mundane training contracts -- many of which allow you to work from the comfort of your own home," says Gupta. "In fact the opportunities for making money online are so vast that traditional private sector employers really have no chance to offer comparable salaries, particularly for new graduates. The problem for the economy is that with so many graduates now looking towards higher paid positions in online businesses, there may ultimately arise a shortage of vital professionals -- nurses, teachers, doctors, dentists. And if employers can't stump up the cash, we could all soon be feeling the brunt of a widespread 'brain drain'."

The average salary for a University graduate on a post-degree training programme is $30,000, compared to the limitless earning potential afforded by online business opportunities, which has been attributed as one of the fundamental causes of the growing move by graduates away from more traditional post-academic employment opportunities.

About:

http://www.DataEntryCompany.com are an online data entry company, offering anyone the opportunity to make money online from the comfort of their own home. By providing a means of earning from manual typing projects, DataEntryCompany.com allow over 20,000 members to make a living on the Internet.

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