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UK Teens See University as Key to Success but Dream of Entrepreneurship, Study Finds

A study of 500 teens found 55% see university as essential, but 36% already earn from side hustles motivated by independence and financial freedom.

  • OnePoll surveyed 500 teenagers aged 16-19 and found 55% view university as the only viable option after secondary school.
  • The research was commissioned by small business insurance provider Simply Business as part of its Young Entrepreneur Fund campaign, which will award ten winners grants of £5,000 each after completing a business support programme by Hatch Enterprise.
  • Data reveal 36% of teenagers are already making money from side hustles, 49% seek independence, and 48% believe entrepreneurship will help them earn more money.
  • Despite this interest, survey participants also noted 51% cite lack of funding and 46% lack expert guidance or mentorship as barriers for young entrepreneurs.
  • With 61% citing that schools don’t teach necessary business skills and small businesses vital to communities and economy, educators are urged to improve business training.
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Majority of teens still believe a university degree is critical to success

Eight in 10 teenagers believe a university degree is critical to success - despite 75 per cent harbouring dreams of starting a business.

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The Scotsman broke the news in Scotland, United Kingdom on Thursday, August 14, 2025.
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