Obama once said “And no matter what you want to do with your life, I guarantee that you’ll need an education to do it.” (Obama 67-71) College education is typically considered to be very useful when one is wanting their dream career or a career with good annual pay. Without college education, it is highly likely that employers will not hire people with only a high school diploma. A college level education is valuable because one can have better wealth, is less likely to be unemployed, and better social skills. Firstly, it has been proven that employee’s with a college level education will have better wealth compared to a high school graduate. “Workers with a bachelor’s degree earn about $415 more a week than workers whose highest level of education is a high school diploma.” (“New School, Old Story”) Adding onto that “$22,000 more on average per year, compared to high school graduates.” (“5 Ways Ed Pays”) $22,000 is a very big number for people who can’t afford a new apartment even though they work 3 part time jobs as a high school graduate. Earning a good profit nowadays is extremely important due to everything being so expensive. Furthermore, it is more likely that unemployment rates …show more content…
In the face of student debt, Denhart says “If you accumulate a debt of $38,600, you will be paying $320 a month till you pay off your debt.”(Denhart) Even though one may accumulate student debt, there are so many advantages of a college education. With a college education, one can get a better paying job, meaning better wealth. Addition to that, unemployment rates will decrease and employment rates will increase. Lastly, it is almost guaranteed that you obtain better social skills by going to college. Ultimately, college education is valuable because one can have better wealth, is less likely to be unemployed, and better social
First of all, college increases one’s annual income and salary. This is because higher paying jobs often require a college degree and only consider applicants who have one. According to the Bureau of labor statistics, workers with a Bachelor's degree earn a median of $1,326 a week meanwhile, workers with only a high school diploma earn an average of $668 a week. This proves that a college degree does make your wallet thicker and almost
College Education and Student Loan Debt Is a college education worth the student loan debt that accompanies it? Some argue this point but the salaries that come with a college education, with a degree, can pay this debt. The salaries for a person with a degree and college education is higher than those who have not attended college or have a degree (Bielagus).
The money that you need for your necessities. From (aie.org) it says, Economists say higher education comes with an earnings premium. What does that mean? For employers, a degree or certificate means greater expertise, something they’re willing to pay for more. According to the Bureau of Labor Statistics, a person with a bachelor’s degree can earn as much as a $1 million more over a lifetime than someone with just a high school diploma”.
The value of college debt is almost equivalent to developing a small business instead “a co-founder of PayPal, will pay each of the 24 winners of his fellowship $100,00 not to attend college for two years, and to develop business ideas instead” (Source E). If more than 24 people did that for themselves, they could make a good investment instead of a risky one towards college. Wanting a higher education means that, “Students today, are taking more debt, and recently tightened bankruptcy laws make it more difficult to shake that debt” (Source E). Therefore, making a useful investment, instead of a risky one can help get rid of debt quicker and
The tuition and cost of college is detrimental to thousands of families across the country and brings student debt to future graduates. Some students have seen their debt climb over $30,000. Friedman writes, “The average student in the Class of 2016 has $37,172 in student loan debt…” (Friedman). With the debts being over the average income for single people households, college has transformed from a benefit to a burden. Young adults not only have to worry about their education but also paying for the next semester or years of college ahead of them.
The importance of a college degree College, the word that you here most about when you go to interview for jobs. In the article Even Cashier Pays Off by David Leonhardt, he states that going to college is a good investment in life. I agree with David Leonhardt’s claim that having a college degree can benefit you through a career. Having a degree pay more than a high school diploma. Families expect their children to have a future with a good paying job and a degree that can last for a life time.
For many people, college is an important key for their future. Some people go to college for the job opportunities and the new windows it can open. Others go just for the education and experience. A good education is beneficial from many different viewpoints; in truth, it is a possibility that one's adult life could be much harder than people care to think. One can have better wealth, is less likely to be unemployed, and a much higher chance of being closer to your family.
Going into debt in college helps build a good mind set for after college about how to spend/save
According to Andrew J. Rotherham’s article “Actually, College Is Very Much Worth it. ”he states, “Meanwhile, in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates.” The data Rotherham provides shows that even with some college education, you have a higher chance of getting employed than those with just a high school degree. The one group that outweighs all the others is the college graduates proving that with a college degree unemployment is less likely to befriend people who do pursue college. Some people might say that there are loads of jobs that do not require a college degree, especially in this time and age.
, “Experts that have researched the performance and job success of college graduates have concluded that, nationwide, college graduates with a bachelor's degree earn 74 percent more per year than those who only complete high school.” This seems very logical when you look at the big picture, having furthered your education will open you up to more jobs that that require more education that will most likely pay more. The University of North Texas in their article “Why Go to College?” shows a graph from The U.S. Census Bureau that shows a professional degree could earn you around 4.4 million dollars compared to less than a high school diploma could earn you around 1 million dollars for a whole worklife. Seeing
College is useful to those who want a job as a lawyer or doctor. Those who want to be a plumber or electrician will benefit more from job training than getting a degree that they need to
(Procon.org). Learning and engaging in everything is a skill everyone should have, so like he said we should go to college to be able to do that. Additionally, education shows people to develop more intellectual skill and become more responsible (Pew Social and Demographic Trends). Thus said, being educated and smart is something everyone can do and college helps with that. Likewise, college can make someone more educated and happier.
As a High School Junior looking at jaw dropping tuition prices, my family and I often ask ourselves a question I’m sure many other American households are challenged with: Is a college degree actually worth it? Once you look past the recent unemployment rate for college grads, you’ll find that a college degree proves to be highly beneficial once placed in a career. Degree holders often enjoy benefits such as higher pay, higher-skilled work, and an intellectual advantage over their coworkers that do not have a degree. These benefits often outweigh the seemingly outrageous cost of college, making the price tag more than worth it.
Education plays a crucial role in our life. Education is a part of our life that we can 't ignore. To have a better future, every one of us desires the quality education that can give us a beautiful and happy life. As a part of this, we write competitive exams to pursue our favorite courses in our dream colleges. The ways to reach this objective may differ but there is one thing common for every aspirant.
Is Higher Education Worth It? Nowadays a lot of people argue whether a higher education is still worth it or not. They think that not everyone needs an extra four-year of learning to get an extra title. Many people still believe that higher education is useless. Moreover, to obtain a higher level of education, it takes lots of money.