EDUCATION: THE KEY TO YOUR FUTURE
Experts believe “The better-educated a person is, the more likely they will avoid economic and social despair.”
When you can’t find a job or don’t earn enough to live, you risk falling into a vicious cycle of indebtedness, insecurity and, ultimately, poverty. An education can change all that. It can open doors to a new life.
In a knowledge-based economy, minimal education locks people into low-income occupations and denies the levels of prosperity that benefit both earner and community. Many are caught in the low-education trap, shutting them out of the well-paying job market completely.
Tertiary education has become the major driver of such knowledge but also the sector in which the Italian government lags behind its OECD counterparts in terms of investment. Italy has the lowest percentage of young people with a higher education and one of the lowest tertiary education attainment levels in Europe.
High taxes and government cuts have forced the cost of tertiary education – one of the highest in Europe – onto the shoulders of students and their families, with the result that more than 1 in 5 young adults in Italy are neither in education or employed. The total number of young people without an occupation, including those who are currently in education, currently stands at 42%.
Many countries offset high study costs and combat dropout rates by providing grants to sustain students through tertiary education. In Italy, only 20% of students enjoy the same aid. We can help to change this.
Our scholarship and mentoring program aims to give students from low-income families a head start in the brain-intensive labor market. By broadening access to education, we can address inequality and increase young people’s chances – as championed in the EU’s 2020 strategy – of both graduating and finding employment.
Young people are ready to learn and our program aims to help as many of them as we can to complete the journey into a rewarding career.
We will fund the university education of high-performing, high school students choosing an engineering-related course of study. We are focusing our support on Genoa since it has one of the country’s best engineering faculties and engineering has the highest employment rates after graduation. The university is also close to Costa headquarters meaning we can back up our financial assistance with professional mentoring and practical advice from Costa employees and the HR department, to help graduates find a pathway into their chosen industry.