Analysis Of The Article ' The College Payoff '

Many people believe that a college education is a worthy investment. The ability to become a college graduate will result in making more money. There are more jobs in today’s society that require college degrees. College graduates develop more and better employment opportunities within earning a degree. Self-discipline is a major element in becoming a successful graduate. Also, college graduates are healthier and live longer. Adults-young and old, male and female-who have a bachelor’s degree or higher have twice the annual median income than someone with only a high school degree ("Do college graduates," 2014).

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

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 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

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 recent discussions of “Is College Worth It?” By John Green, a controversial issue has been whether, people should attend college or get a job after they finish high school. On the one hand, some argue that people can get a monthly income better than if they have a degree. From this perspective, some people they do not want to attend college. On the other hand, however, others insist that people should attend college after they finish high school. In the words of John Green, one of this view’s proponents, “after graduating from college, I actually made $1 per hour less when I started working as an assistant at Booklist Magazine, but the job was better in every way” (video). According to this view, he was working at Stake and Shake and he was getting better salary than what he got after graduate by 1$ less but money is not everything in life. Then he proved to the audiences through his experience that he was more comfortable with working as assistant at Booklist Magazine even he is making less money. Because he got a better job, got the knowledge, and work on something that he like. In sum, then, the issue is whether to attend college or work without a degree. My own view is that attending college is worth it even if it will cost some sacrifices of things that we can get it in the future. After, all, I have chosen to identify as a college student at Winona State University. Though I concede that choosing the university and working to

Many high school students, and perhaps their parents, often wrestle with the question: Does a person with a college degree make more money than one with just a high school diploma? Can I earn more money with a college degree or by going straight to work after high school? Is it worthwhile to go to college? Research shows that yes, those who have a college education usually do make more than those with only a high school diploma do.

Although college tuition is a lot nowadays, graduates are “far less likely to be unemployed than non-graduates.” (D) A college degree gives you a higher chance of getting a job to assist in securing the future of you and your family while also helping paying off your financial obligations. A college degree not only helps you obtain a job, but it also increase your income. “Construction workers,police officers… make significantly more with a degree…“(D)

Many people are confused on why to invest time and money of attending college. A reason for obtaining a higher education is that a college degree can possibly earn a much higher salary than the majority of the people who have a high school diploma. College can be expensive and time consuming for the most of the people that do not have enough money and spare time to go to college. Stephen Rose, a research professor at the Georgetown University, wrote an article on “The Value of a College Degree” to explain if a college degree can be valuable to people to have. Eleni Karageorge, an author on the United States Department of Labor, wrote an article “Is A College Degree Still Worth It?” to give some details on job occupations that compares with employees having a bachelor’s degree or a high school diploma on how much they annually make on their job. Finally, Paul E. Barton, a consultant and a writer for topics related on education, wrote an article “How Many College Graduates Does the U.S. Labor Force Really Need?” on giving details on how valuable to have a college degree in the near future are needed when certain occupations are on high demand with a requirement on having a least a bachelor’s degree. We need to know why going to college is so important for anyone who wants to have professional occupations.

Journalist David Leonhardt, in his article “Is College Worth It? Clearly New Data Say,” argues, through the use of statistical data, that from both a financial and economical perspective, that pursuing a higher education is beneficial. Leonhardt provides data from the Economic Policy Institute that states that, “Americans with four-year college degrees [made] 98% more an hour on average in 2013 than people without a degree.” Furthermore, on average, college graduates make “about $32.60” an hour while the average wage for those who did not pursue higher education is “about $16.50.” The disparity in wages should be a sufficient reason for pursuing a higher education. Yet, Leonhardt concedes that there is and will always be a percentage of graduates that will be unsuccessful in finding employment. According to Leonhardt, this unfortunate

When one chooses to go to college, they are investing in their future career. Once a young adult leaves high school they have a choice to either go to college or to go into the workforce. When deciding which path they will take, they must look at both the benefits and disadvantages. The advantage to going straight into the workforce is being able to immediately start their profession of choice and do not have to pay off expensive college loans. The disadvantage to going straight into the workforce is the fact that in today’s job market, there are not many high-paying jobs that do not require a degree. However, the benefit of going to college is that careers that require a college degree are often high-paying and come with worker’s benefits. College affords the student to develop and master academic and social skills. Companies and employers are not willing to invest time and money into prospects without those skills or a formal education. The disadvantage to going to college is brought upon because college tuition has doubled in the past ten years, which makes college unaffordable without being overwhelmed by student loans for the rest of one’s life (Graff 179). The differences between these two paths make the decision to go to college one of the most influential decisions of an individual’s entire life. Each of these paths have their advantages and disadvantages, but in the long run, going to college is more beneficial than going straight into the workforce.

The report “Should Everyone Go to College” by Stephanie Owen and Isabel Sawhill states that typically, there are numerous perks for attaining a college degree; that observation is not consistent depending on variables like school, majors, occupation and individual. In the report, different factors were investigated that impact the benefits of a college degree in the course of one’s career. One of those factors noted an increase in earnings by 10% with an extra year of college education. Along with non-financial payoffs observed with acquiring a college degree like an enriched overall wellbeing. The other factor discusses how the school, course of study and rate of graduation affect the return from a college degree. The earning potential for

The aim of this article is to provide a closer insight on the actual costs of college and how the benefits of earning a degree outweigh the costs. One of the main points presented in the article is that individuals with higher education overall earn more money. College graduates are also more likely to receive pension and health insurance plans from their employers. Besides the higher earning potential, adults with higher education levels tend to have healthier lifestyles. It has been shown that the smoking and obesity rates are lower among those with a college degree. Furthermore, the article confirms that those with higher levels of education are more likely to engage in activities that contribute to a better society; for instance, voting and volunteering. Lastly, the article emphasizes that individuals with higher education are less likely to require income support or other assistance programs. As a result, our government on all levels would benefit if more individuals attending college because of the increased tax

In today’s society, the idea of receiving a college education has been pondered quite a bit as to whether or not it is actually worth it. According to Michelle Adam, many people “…today believe that getting a good education is key to success in our society, this revealed surprising issues that challenge the notion of higher education being worth its price tag” (59). Naturally, many high school graduates apply for college right before or after graduation. Others decide to go into the work force, armed forces, or simply remain unemployed. The question that many people debate about is, is a college education worth it in the long run? Though some people believe a college education will benefit ones’ career, others believe it will cause a mass