For many young people, university feels like the “expected” next step after sixth form or college. And for some, it absolutely is the right choice. But with tuition fees, living costs and the reality of student debt, more young people (and their families) are starting to ask an important question…
Is university always the best financial and career investment?
The Cost of University in the UK
Let’s look at the facts:
• Tuition fees alone can reach £9,250 per year
• A typical three-year degree = £27,750 in tuition fees
• Add accommodation, travel and living expenses, and graduates can leave university with £45,000–£60,000+ debt
While student loans are designed so repayments don’t begin until graduates earn above a certain threshold, it is still a significant financial commitment that many will carry for years as part of their future earnings.
University is still a fantastic pathway for many careers. But it isn’t the only pathway.
A Different Route: Investing in Your Passion
For young people who already know what excites them, there is another option worth considering: building a business around what they love. Franchising offers a structured and supported route into business ownership, which can be significantly less risky than starting completely from scratch. A passion for performing arts education can be turned into a flexible business, with the support to develop leadership and commercial skills from day one. Backed by an established brand like Razzamataz, franchise owners benefit from proven systems, ongoing training and a strong support network, enabling them to gain real-world experience and build a career around what they love, without waiting for graduation.
The Cost of Razzamataz
Let’s look at the facts:
• Cost of franchise territory: £12,995
• Launch spend £5,000 of marketing
• Working capital for Q1 £5,000
The Potential
A real case study (and there are plenty more)
• 2010 Razzamataz franchisee bought for £7,000
• 2022 Sold the business for £200,000
• Turnover circa £500,00 every year with a £150,000 profit
The Big Question
If you could invest tens of thousands of pounds into your future…
Would you choose:
A/ Student debt
B/ Building a business around something you love?
Curious to find out more?
Book a Discovery Den: https://www.razzamataz.co.uk/discovery-dens/
