College is good, but bad at the same time to a certain extent. The reason why college is not as good as it sounds is because it costs a lot of money, takes a lot of time to get your college degree, and you may not like it after you paid your tuition fees. Many Americans cannot pay off their debt because their jobs don’t pay enough, according to the LA Times. According to the article “College is a bad financial bet for some, study says” it lists that one in five colleges had a negative return investment. Thus, the college graduates from a majority of American colleges are in major debt without any financial help. However, there is some hope for college graduates here in America; such as scholarships and federal grants. Many of the scholarships …show more content…
College is great in extent, but if you plan to major in a decent career that doesn’t pay enough to pay off your college debt, it would be a good idea to review the college option. In most cases, that’s not the problem. College can be one of the biggest benefits to your life if you use all of your resources. In fact, many college students are first generation or funded by scholarships. Young adults are willing to learn and are able to depending on their willingness to do so. The average salary of a high school dropout is statistically not that great, including a high school graduate. Your pay increases dramatically if you hold an associate’s degree according the Bureau of labor statistics. Time one of the best selling magazines in the Unites States claims hat college isstill worth every cent. The average pay of a college student is about $53,000 and most of those high paying jobs in the United states are held by about 97% of college graduates. According to the hamilton project almost every college student earns $1.9 million over their entire life and only $9,410 goes to paying off college if you go to public college in state; out of state costs on average
In a regular college degree you tend to make more money than a high school diploma. The average college degree makes $30,000 more a year. Also that a 2-year degree makes $170,000 more in a lifetime compared to a high school diploma. This more than doubles the amount of money a regular high school graduate annual paycheck. The bad thing is that college loans will cripple the graduate student. The average student loan is about $23,326 which no one has that kind of money. Well no one has that kind of money at first, but over time you will be able to pay it off. The education is well worth the debt because a hard working person can easily could get out of it.
Some people think that getting a college education is not really a good idea anymore. According to Abel and Deitz, “In recent years, students have been paying more to attend college and earning less upon graduation—trends that have led many observers to question whether a college education remains a good investment” (2014, p. 1). If the student cannot find a job that pays a decent amount of money, after graduation why should the government ‘fund it?. College costs are rising each year. Future generations may not be able to go to college because tuition will be too high. But Abel and Deitz
“A high school dropout makes on average $19,000 a year, a high school graduate makes $28,000 a year, a college graduate makes $51,000 a year. Over the course of a career, a college grad will make nearly $1 million more than a high school graduate. That's a lot of money." Is College worth spending? According to the College Board, the average cost of tuition and fees for the 2015–2016 school year was $32,405 at private colleges, $9,410 for state residents at public colleges, and $23,893 for out-of-state residents attending public universities.
While it may be true that it is expensive, it is worth it. According to College Power Bulletin, people with a Bachelor’s degree make, on average, almost twice as much as a highschool graduate. The average high school graduate makes about $1,531,400 in their life, while someone with a Bachelor’s degree would make approximately $2,742,160. If one has a college degree, they can pay off the fee later in their life. A person could also help their family with the extra money made from getting a degree. Another thing Journal News has said is that while jobs that do not require degrees may be more common, the fact that someone did not have a college degree will be reflected in their annual wage. This shows that one who does not have a college degree will not have as much of an annual wage as those who went to college. It is worth paying a little extra money to get a college degree.
College has become a significant chapter in the lives of many Americans today. In most cases, to reach the well-paying and dreamed-of careers, students must have a bachelor's degree or higher in a certain field of expertise — typically from a university. While this is true, many students have realized that university-level education, even in-state, is not cheap. With tuition rates on the rise, college is beginning to be seen as more of a burden than an opportunity. Although scholarships and financial aid decrease the net cost of attending college, the majority middle class students are not equipped with enough aid to graduate debt free, or even close to it.
When opportunity knocks you should always open the door. College is a great opportunity to garner success from a secure career. Furthermore, college or university education is worth the debt you will accumulate from it. If you're still weighing your options, consider this, "Lifetime earnings for college graduate are substantially higher than the earnings of someone without a college degree," (Source 4, pg. 13). Getting a higher education is not just good for you, but its also good for your bank account. On the plus side, it is easier for you to live a better life, and if America ever hits a recession you will be in a better position to support you and your family.
When people talk about college, they are often talking about typical four year colleges and universities, but there’s another option. One that’s less talked about. Maybe because it’s viewed as less prestigious or maybe because it’s just not that common of a choice. Except that it is. Students from across the nation choose to attend Community Colleges for a myriad of different reasons. So why is Community College often viewed in a negative light when so many students are attending them? Why are so many students looked down upon for choosing Community College if it helps them achieve their goals in life? Your choice of college doesn’t diminish your achievements unless you let
College is a dream that almost every American wants to come true, however, with the extreme rise in the costs of tuition it is a dream that has quickly turned into a nightmare. “Tuition at a private university is now roughly three times as expensive as it was in 1974, costing an average of $31,000 a year; public tuition, at $9,000, has risen nearly four times,” (Davidson). “For the average American household that doesn 't receive a lot of financial aid, higher education is simply out of reach,” (Davidson). That is why many students have begun questioning the worth of a college degree and if the amount of debt that is received upon exiting college is all for the better. And considering that costs have risen much faster than the rate of inflation, many are starting to believe that college just isn 't necessary any more. However, according to White, economically, the answer would still be a yes. “While unemployment rates for new grads and experienced workers alike have fluctuated throughout the recession and recovery, the earnings premium that college-and advanced-degree holders enjoy over their peers who didn 't attend college has remained relatively stable, and in some instances, grown, according to the report that was released this week,” (White). A study was shown that many college grads are able to get earnings that are significantly higher than those who did not get enough education or only hold a high school diploma (White). Even
“Forty percent of college students choose community college…Whoever you are, this plan is your chance to graduate ready for the new economy, without a load of debt,” quoted President Barack Obama (Calvert). The average community college tuition is about five thousand dollars or less. Compared to an average four-year college, it can ten to twenty thousand dollars of tuition. Let’s say you decide to go to a community college after high school or whenever. You would most likely be saving a lot of money by going to a community college instead of a four-year school. Imagine how much you would save if America’s community colleges were free. Not having to pay for two years of college would save around ten thousand dollars,
College is where you go to get higher sources of education. Many high school students dream of attending college in order to attain more knowledge, yet so many people fail to realize the cost of college. Attending college, currently, is nearly impossible to do without being in some sort of financial debt or seeking out government help. According to the American Association of University Professors, “two-thirds of American college students graduate with substantial debt, averaging nearly $30,000 (if one includes charge cards) in 2008 and rising.” (AAUP, 2012) Although going to college is beneficial, there is an argument on whether or not going to college is worth the possible debt incurred. The goal
Vivian Le Ms.Rose English 3P, Per.2 14 May 2015 College Is Worth It High school graduates attend college for many different reasons whether for career development or increasing one’s knowledge. Students who do graduate from college with a degree have increased job opportunities and financial advantages. However, more and more graduates are rethinking going to college because they are not “college material” or don’t have enough money to pay for their tuition. Although many people believe that college is not necessary to be successful in the future, in actuality attending college is critical because obtaining a college degree allows students to gain more knowledge and advantages for their future.
The data from 2008 shows who has more to earn in their lifetime, for instance, 19% of Americans have some college, they make around $30,000 in their lifetime, but by the age of how much they make, the age group 35-39 gets paid a little more than the others. As to the 36% of them with a bachelor's degree or higher, they tend to earn around $40,000 to $120,000 in their lifetime and by the older you get, it seems like you get more money, which can help you pay off your college loans in the meantime of your life (page 11). It’s helpful to pick out your job while you can. If you think about not going to college (for some time) or just getting your high school diploma. There are some jobs that have a good paying salary. Ranging from pile-driver operations$47,860to manufacturing sales rep earning about $52,440(U.S. Median $41,444) (page 12). That can help you. Jobs like those can also help you pay off half your bills, income, and loans you have to pay off from a couple years ago or months(Gibbard page
To most people college is their goal at succeeding in life. Whether you get a scholarship or pay yourself, college is expensive. To some it is a waste of time and money due to the fact that, graduates are not getting their money's worth in their degree, they are burdened by student loans, and their degree does not guarantee them a job. With that and a growing tuition rate, most people can't afford a higher education. College is simply not worth the cost anymore.
The path to success has been remodeled over the years by different generations due to the developing mind. College does educate and challenges people to do more and think more. We can clearly see this example because the developers of this debate are both college graduates. Later on in life more and more questions will be asked and answered. College has an importance that is so popular but that importance has a value. The developing world and society will always view college as something necessary no matter what because is has proved to be a path and a escape to a better life. People that have specific circumstances and cannot pursue college have often been denied of a huge opportunity that can be life changing to almost everyone. No one can judge intelligence based on economical stability or tests, but what the educational system seems to be judging intelligence on is the bank account of the projected student. There is a saying that says "If you think education is expensive, try ignorance." But as technology is constantly advancing and computers are running almost anything, is a college education really necessary? There are people whom have never set foot in a college and are doing better than people who have their master's degree. There are views from both sides that contain a valid argument.
Going to college is no small decision for someone who is looking for a degree, and for many, the decision comes with a very steep price tag. Reported from CollegeBoard, a nonprofit organization that helps students be successful in college, the average yearly tuition and fees for a two year college is $3,440, a public university can be anywhere from $9,410 to $23,890, and a private university reaches up to $32,410 and above. These numbers are no laughing matter, and with an average student debt of $37,172 (Fay), many students are financially crippled right after college, places of education that are advertised for enhancing chance and opportunity. With this in mind, there has been an initiative to make college more affordable and available