Should Everyone Go To College Isabel Sawhill Summary

Supporters of getting a college degree often point to the statistics that college graduates earn more than their high school educated peers over a lifetime. Statistics by the U.S. Census Bureau reports that since 1977, “Adults with bachelor's degrees in the late 1970s earned 55 percent more than adults who had not advanced beyond high school. That gap grew to 75 percent by 1990 -- and is now at 85 percent.” A gap of an 85% pay difference is a huge figure and a clear reason why college is a great option for some people. But there are problems with that figure because when the number of college graduates who are either unemployed or underemployed is taken into account it changes the value of the statistic. In an article by Businessweek’s Richard Vedder we get statistics to counter that argument. He tells of how the number of new college graduates far exceeds job growth in technical, managerial, and professional jobs where graduates traditionally have searched for employment. As a consequence, we have underemployed college graduates doing jobs historically performed by those with just a highschool education. He says we have “more than 100,000 janitors with

This week for PLN I read "Is College Worth It? Clearly, New Data Say" by David Leonhardt is about how college is worth it even with its cost. In the article, it describes how important a degree is. It said in the article that 98% of people with a degree made more money than people without a degree. There is nothing inevitable about this trend. If there were more college graduates the pay gap would shrink. The true cost of a degree is negative $500,000. The unemployment rate for 25 and 34 years old is 3%. That is from having a degree. The average hourly wage for a college graduates has risen 1% to 32.60.

One must consider their choice of major, cost of school, where they are attending school, and a variety of other factors. Depending on the situation college may not be a smart investment (Owen and Sawhill 209). I agree with this notion that some people are not meant for college, but we as a society still push the idea of college which creates conflicting thoughts in the mind of a student. When discussing the benefits of attending college the biggest supporting reason revolves around further expanding one’s knowledge in order to earn a higher income. They use ethos in their appeals but they fail to provide evidence of this. They may show numbers that are skewed showing the difference in salary of a high school graduate and a college graduate but they don’t show the majors that earning that high income. They don’t show the number of college graduates without a job and how much debt they are in. Owen and Sawhill do a tremendous job in their report of giving us those numbers and statistics to back up their

In the essay, “Should Everyone Go to College?,” Stephanie Owen and Isabel Sawhill cover all aspects of this topic. They include the rate and variations of return and policy implications, and they also give many statistics to support all of their arguments. It is a very well-assembled essay that gives both sides of the topic. It is a very well put together essay that allows the reader to further understand the topic.

David Leonhardt, the author of “Is College Worth It? Clearly, New Data Say,” makes the controversial argument that even with college debt increasing substantially in the United States it is still worth earning a degree. Leonhardt uses a variety of relevant figures and statistics to support his claim of the irreplaceable value of a college education. The majority of statistics used by Leonhardt concern the earnings advantage of college graduates as compared to their counterparts who decided not to attend college. Among the first issues Leonhardt addresses is the growing concerns prospective students and their parents have with attending college such as underemployment after graduation, debt, and unemployment (Leonhardt 33). To refute these arguments, he cites statistics from the Labor Department concerning inequality of income distribution; these statistics were

The article, “Should Everyone Go to College?” by Stephanie Owen and Isabel Sawhill disputes the widespread idea that attending college before joining the workforce is financially advantageous to everybody. The authors acknowledge that for some the investment of college results in a profit, but stipulate that several factors could result in a college degree costing more to obtain than the future benefits would reciprocate. They demonstrate that differences in factors such as major choice, school selectivity, and future job availability result in an enormous variation in the potential value of higher education. Owen and Sawhill state that the stereotype of an unconditionally lucrative outcome from college is inaccurate, misleading, and likely

In the story " Should Everyone Go to College" , Stephanie Owen and Isabel Sawhill effectively express that college is for some but not for all. Different factors determine its worth, including one's career choice and one's major. The amount of money obtained and "profitable" after college depends on one's future occupation. Thus, college could be "profitable" for some people but not for everyone.

Recent high school students are debating whether to or not attend college, should consider the benefits of attaining a college degree. For many low or middle income students, this a route to gain opportunities to improve their economic circumstances. An article, “Pathways to Prosperity,” states in 2008, workers with bachelor's degree make about 65 percent higher than high school graduates and workers with associate's degree make about 73 percent more than high school dropouts.. This is evidence obtaining a college degree can be an opportunity to have earnings higher and significantly increase one's income.

The essay ‘Should Everyone Go to College” by Stephanie Owen and Isabel Sawhill reasons whether everyone needs to go to college. Based off of monetary return, graduation percentage, tuition, and selectivity, they decipher the pros and cons of higher education.

College graduates, on average, make a whopping one million dollars more in lifetime earnings than those with a high school diploma. Those with a college degree now make $17,500 more per year than those without — a wage gap that's doubled in recent decades. Those without a degree are four times more likely to be unemployed.One of the biggest and most important reasons for anyone to attend college is the upper hand it gives with regards to jobs and career. A college graduate has a higher chance of landing a job when compared to an individual with a high school qualification. Further, a college graduate also has better options and opportunities to progress in their

As it is heavily believed and statistically proved by Document A, Earnings and Unemployment Rates Based on Educational Attainments (2015), the higher the degree earned, the more money attained, similarly the higher the degree earned, the lower the unemployment rate. This proves the worth of college by giving numerical comparisons of those who invested in it verses those who didn’t. The median weekly earnings of $1,730 from someone with a professional degree put up against the $678 from someone who only graduated from high school shows a very obvious difference. This information greatly supports the decision of going to college by displaying the “in the long run” advantage of college through the amount of money you can make in the future with the degree you earn

In their article “Should everyone go to college?” Stephanie Owen, Senior research assistant, and Isabel Sawhill, former Vice President of the Brookings Institute, argue that many factors lead to individuals not being able to attend college. They go on to claim these factors to be school choice, career field, graduation, and area of study. The article states that while on average the rate of return is usually positive, there are cases in which it is negative. One of their focal points is what it cost to attend college and its affordability. Claiming that with the rise in the cost of college, which progresses at a faster rate than that of the job wage increase, that college is becoming less affordable. In their conclusion a three step policy plan is included for individuals who plan to attend college. While realistically I agree that yes, some individuals should not go to college, my optimistic side would like to believe that everyone should and can go to college without it becoming a sour investment.

Individuals who say it is not worth going to college would argue that college is a waste of time but can agree that college graduates make more money than non-college graduates. College graduates with a four year degree make more money than a high school graduate. For example, these statistics from an online source explains that “On average, a college graduate with a bachelor’s degree earned $30,000 more per year than a high school graduate, or about $500,000 more over a lifetime, as of Apr. 2013. The bachelor’s degree makes a huge difference than a high school diploma. The majority of high school graduates want to work when they graduate high

Chris Matthews article titled 'Why college isn't for everyone, explained in a single chart' does exactly what the title suggests and evaluates a a chart from the Federal Reserve Bank of New York that shows the Annual Wage by Education, 1970-2013. The three wage groups in this chart are bachelor's degree: median, bachelor's degree: 25th percentile, and high school graduate: medians. The chart shows that although the 'bachelors degree's median' earns higher wages than 'high school graduate's median', the 'bachelors degree's median' wage is not higher than the avergage high school graduate. However, Matthews still believes that a 4-year college degree is still valuable, even for the bottom quarter of earners. However, the cost of a degree has

     It seems in the society we live in today, having a college degree is a necessity. Years ago it was the norm for people to just go right into a full time job after high school, if they even finished high school; they did this to support their families. In today’s society a person has a difficult time getting a decent job without a college degree. During an adults working life, bachelor degree graduates will earn about $2.1 million and a high school graduate can expect to earn an average of $1.2 million (Day and Newburger, 2002). This is quite a difference and it puts a college education in