I am just wondering what the benefit of going through a full 4 year degree compared to a 2 year technology program would be in Canada.
How much of an advantage the degree is over the diploma in terms of salary, job prospects and overall job quality. Is it really worth all that extra money and time? (its about $24,000 extra in tuition alone, plus $80,000-$100,000 in lost wages for extra time in school.)
by Chris, Edmonton
on April 7, 2014
I'm from the US, but probably it is similar in our two countries.
I believe that in terms of salary, job prospects, and overall job quality it is important to have the 4 year full degree. Having a degree opens up many more doors, and you will have a much better selection of roles to choose from when you graduate. Yes, you will be behind financially for a few years, but in the long run you will be able to earn more money and progress to higher level positions more quickly.
If you spend four years (and work hard!) you will learn a lot more than you would in a 2 year program, and be much better equipped to take on challenging roles and stand out. You could look for technology programs that will place you in a co-op position, where you work for a company part time and earn a salary, or look for paying research assistant positions.
I hope that helps and feel free to ask more questions!