Is College Worth The Cost? Many Graduates Don T Think So By Selingo Summary

In today’s society, it has been found out that college graduates have a hard time seeking a job and end up with a sky-high student debt. This reality then poses a question, is going to college worth the time and money? An essay in the New York Times published in May 2014 entitled, “Is College Worth It? Clearly New Data Say,” by David Leonhardt states, “For all the struggles that many young college graduates face, a four-year degree has probably never been more valuable” (33). In his essay, Leonhardt sets the stage by describing the struggles a college graduate might have such as student debt, no work after graduating, and accepting jobs they feel overqualified.

Murray examines the bad side of a B.A. by stating, “while it is true that the average person with a B.A. makes more than the average person without a B.A., getting a B.A. is still likely to be a wrong economic choice among high-school graduates (676).” He explains that high school graduates who believe in receiving B.A. will help them get a higher-paying job they are only narrowly

“As college students head back to the classroom this semester, a harsh reality confronts them - the rewards for the time, energy, and money that young people put into college are less than they were a decade ago”(Source C). Young college graduates have seen wages, deteriorate. This lack of wage growth has been surprising to those who have read about the ast unfilled need for college graduates. After gains in the 1980s and 1990s, hourly wages for young college graduated in 2000 decreases. For young college-educated men in 2000 hourly wages were $22.75, but almost dropped a full dollar $21.77 by 2010.

In recent years, the economy and job outlook has become super competitive throughout the States. With so many people seeking and applying for the same job, employers can only afford to hire a very small amount of people. As a result, they choose the best qualified applicant, which most likely means the applicant with the highest education. With competition increasing exponentially, it is becoming more and more difficult to find, let alone keep a job. That is why college is a necessity in today’s society.

College teaching a lot knowledge, but is not useful in the real world. The bachelor's degree requirement reduces the opportunity to the real talent who does not go to college. We should get the job we want, no matter college or not. Job experience and skill are more important than the paper evidences that you have a bachelor’s degree. If you are one of the high school graduate student, you have know what you want to be in the future and pick the right path.

Hourly wages are dropping and “it will likely be many years before young college graduates-or any workers-see substantial wage growth” (Source C). Since wages have dropped it is becoming pointless to get a degree due to the amount of debt and stress caused. Even though, we need to learn, higher education is becoming a risky

The first thing that they might bring up is that college education makes more money which in return can pay off your student loans as said, “While the income for those with a bachelor 's degree was $65,482, and $92,525 for those with advanced degrees. [110] The median income for families headed by a bachelor 's degree holder was $100,096 in 2011.” (college-education) The next point they might bring up is that more and more jobs are requiring people to have some sort of college degree as said here, “According to a June 2016 study, 99% of job growth (or 11.5 million of 11.6 million jobs) between 2010 and 2016 went to workers with associate 's degrees, bachelor 's degrees or graduate degrees. [104] Based on economy and job projections calculated by Georgetown University, in 2018, approximately 63% of jobs will require some college education or a degree.

In “Are Too Many People Going to College?” Charles Murray offers his opinion on the number of students that pursue a B.A. He believes that two year or four year colleges are not needed for a majority of students who could instead pursue other life paths. He discusses the ability for the general knowledge needed to be learned in primary and secondary school, and for a lessened need for a “brick-and-mortar” institution the problems with the current secondary and higher educational issues including the lessened need to acquire a B.A. All members of society need certain skills in order to be productive members of society. They need to know general facts about the country they live in, general history, and general geography.

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.

Forgiveness programs can be lifesavers for borrowers drowning in student loan debt (Snider 1). However, jobs for recent grads are harder to find and salaries are lower, but that won't last forever; in spite of all of this, the data make clear that getting a college education is still a good idea. College graduates earn more and are more likely to have a job in the first place, and is especially important for some Americans (Webley 2). According to the Bureau of Labor Statistics 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

Is College Worth the Cost? Life’s success is achieved in different ways. (Director, n.d.) A lot of television programs and magazines instills the idea in us that being successful means; having a fulfilling career, having a lot of money and being powerful. Most religious and spiritual organizations, in contrast, claim that success means being at peace with God and finding spiritual happiness.

, “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

Authors should also include more about that college degree do not give job. It only helps you find a job that person would not do and it is not sure that when a person has a college degree then the person will have the job. In the article, authors should include that when a person to get the job he needs a college degree to make his profile better. Authors should more include about financial aid information and describe to the students and parents. In the article authors include everything why should students invest in college but authors did not present any data or description on how much college cost to finish in four years or in six years.

It is true that those with more developed education have better paying jobs, however, it does not indicate that graduating from school will promise a satisfactory life with a stable career. With the amount of competition and the ever growing population, it is extremely difficult to find a suitable job and get hired. Although it is seldom mentioned, the heavy loans from the colleges and universities are not that easily lifted. If a student finishes his or her studies and is having troubles acquiring a profession, not only are they jobless, they have a loan waiting to pay off. In conclusion, graduating is a double edged sword and sometimes, the risks aren’t worth

Graduating and being qualified with a bachelor’s degree is something that many dreams of, every single high school graduates understood the value of a degree, but being in college or university is hard in many ways, especially financially. A bachelor’s degree usually is a four-year degree that students pursue to work entry-level jobs in a particular field. A degree isn’t a requirement for a particular field, however, it will provide greater advantages over a diploma or a two-year degree. According to UNESCO Institute for Statistics (UIS), in 2009, gross enrolment ratio for a degree is 35.76 percent in Malaysia, it is relatively low when compared to 88.58 percent of United States of America. Those who were not enrolled were most likely to be in labour force.