College Degree Benefits

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.

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

A college education is proven to increase an individual 's earnings, however, women’s earnings are still not as much as men’s, even when they have the same degree (Patten, 2015).

Rampell further reports, in 2011 the unemployment rate of people in their 20s with at least a bachelor's degree was 5.7 percent, and for those with G.E.D. or a high school diploma, it was nearly three times as high, at 16.2 percent (Rampell). Nowadays more employers are specifically requiring four-year degrees for jobs that previously did not need them (Rampell). Meaning that in the future more and more people are going to want their employees, making college more worth than it already is. Secondly college graduates are more likely to have a well paying, stable job, rather than an underpaying job. The article “Is College Worth It? Clearly, New Data Says” by David Leonhardt, it states that americans with four-year college degrees made 98 percent more on average than people without a college degree. Being payed 98% more annually is an immense amount of reward for only getting a college education. Similarly in “College Grads Find Big Degree of Debt, DIfficulty” the article states “College graduates with full-time jobs in 2011 earned 64 percent more per week than high school graduates. This statement coincides with the previous quantitative

As the price to attend college increases throughout the years many young adults are experiencing increasing difficulty in being able to pay for such an endeavor and many more are beginning to question whether or not it’s worth the price due to the faltering of the economy. The price tag may be the most common concern about getting a college education but another important factor that many students consider when applying for college is how much time they will need to devote to school. Many prospective students think that the time spent in a college math class is a waste when they are majoring in the arts. This results in many students deciding against getting a college education in favor for finding a source of income to support themselves and due to the lack of employment opportunities available today the decision to choose an income over an education is really a matter of survival. However, this is the beginning of a slippery slope that can easily lead to a population that is severely lacking in education which can lead to a disaster in a country where the nations populace are the ones making decisions with their vote. I believe it is time to make education not only cheaper, but more accessible to more people across the country by eliminating course requirements and majors in order to allow students to seek out an education that is tailored to the subject they are seeking to pursue. Doing so will not only result in a lower cost of college by eliminating useless and

Are college degrees worth the great debt? Countless millennials in America have fallen to the media’s claims that a college degree no longer has value. Media sources reported that college degrees are no longer a requirement for some jobs. These claims have resulted in scientific experiments in search for a definite truth. The outcome was catastrophic for the media because it was quite the opposite of what they claimed. Traditional beliefs that college is a necessity for a successful career have still proven to be true, here’s why.

The question here is, is college worth it? Many people question this especially high school students who are about to graduate. This debate is still taking place today. The common misunderstood saying is, if you have a degree you will then have a good job. But this is not the case because in today’s society there are so many people with degrees who still cannot find a job. The rate of unemployment is increasing rapidly on a yearly basis. High school students see it this way, if I can’t find a job with a degree then it’s not worth the time, and from there on they quit after high school. On the other side of the debate college education is no longer an option or a privilege, but rather it has become a necessity. The rate of students going to college is increasing every year plus the number of colleges being build is also increasing. In my believe college provides me with higher education that will help me in the future whether it’s with a job or an experience. College education means everything to me and my family because my parents left their home country and immigrated to the United States in order for me and my siblings to have a higher and better education. For me there are numerous reasons why college education is worthwhile, while other people might clearly disagree. About “80% of college graduates say yes college degree is worth it” (debate website). You do not need a college degree to become successful, there are many different paths to take. This study will

Whether or not a college education is worth the money is a controversial topic. Some people believe that education is an investment that will allow us to have better career opportunities and a higher pay (Smith and Le 29, 36). To illustrate, in 2010, the Bureau of Labor Statistics published that the rate of unemployment was lower among graduates. For instance, 14,9% of the unemployed did not have a high school diploma, 5,4% had a bachelor’s degree, and 1.9 % had a doctoral degree (Smith 29). Similarly, after a 3-year American Community Survey, the U.S Census Bureau found a strong correlation between education and earnings (Census.Gov 44). The data collected showed that professional degree holders earn $72,000 more than “an eight grade education” (Census.Gov 44).

     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

Many people question the idea of going of college is beneficial to life. If being granted a healthy and good life then it is worth going to college. Student should attend college in order to have a successful life because it is easier to get a good job with a degree and have more social connections that can benefit in the future.

Although the choice of going to college is 100% up to the student, is it worth it? A college degree is increasing the amount of money. The price rises every year as it gets higher and higher. ( the price) Some students want to go to college but just cant afford it.

College the 4 years after high school that most people use to find what they really want to do in life. This period of time gets people ready for the rest of their lives and the challenges that they will face. even though college degrees can give more opportunities many disagree that the cost of the opportunity isn’t worth it. However, while financial independence, life benefits and insurance, and overall health are the biggest and most difficult thing that an individual will need to learn how to manage, college can help them face those challenges; therefore, college is beneficial for people to attend.

Students often wonder what career path they will choose in the future to support their family and have a brighter future. Some students question whether attending college is worth their time, but research suggests that students who study at postsecondary institutions will benefit in the long run. If students want to have a successful future, to be able to support their family, and have a higher income, they will need some sort of higher level education. Going to college can help with unemployment rates and increase the chances of attaining a stable career. People, such as the former United States President Barack Obama, state that children are the future of the world and they will help raise the reputation of the U.S. by getting a good

Many people out there that don’t have a degree are making more money than people that do have a degree. But they tell younger generation that college is what a person has to do in order to go to be successful in life; “A degree no longer guarantees a job” (Wilezal… para 3). College is very expensive even though they have grants, and other things to help motivate people get into college and they will still be in debt after they graduate. “According to the college board the

A college degree is significant for a successful financial future. At least a 4-year college degree is required for most of the occupations that are determined as a well-paying job. In order to gain financial success in the work field, college is an important part of that goal. Christopher S. Rugaber, the associated press, reports on USA Today, “College graduates, on average, earned 56% more than high school grads in 2015, according to data compiled by the Economic Policy Institute. That was up from 51% in 1999 and is the largest such gap in EPI's figures dating to 1973.” (Rugaber para. 2). The statement concludes that the percent income college graduates receive are a little over double what the average income of workers without one and the