s a College Degree Worth Incurring significant Debt?
In today's world many people question or education system and question whether or not the cost is of college is worth it just to continue your education. Although you inquire a lot of debt in college. Getting a degree is almost necessary in today's job market because most jobs require one and jobs that do not require a college degree are getting harder to get, as the unemployment rises. Therefore a college degree is worth incurring significant debt. Earning a college not only provides you with job security and provides potential for greater lifetime earnings.
Simply having a associates degree can substantially increase your salary. The graph provided by the U.S. Census Bureau, American Community
Attending college or pursuing a higher education is worth it because a degree ensures a stable, well paying job and provides a better quality of life. In Document A, “Earning and Unemployment Rates Based on Educational Attainment, 2015” compiled by the United States Bureau of Labor Statistics, a higher educational degree, such as a Doctorate or Professional degree, corresponded to a lower unemployment rate with a higher pay, while little to no educational degree corresponded to a higher unemployment rate with a lower pay. This means people who received a college degree had a better chance of finding and retaining a well-paying job because they are typically skilled in one profession that cannot easily be replaced, such as a doctor or engineer.
Many high school students all think the same question. Is college worth the money and time? People can be more successful with a college degree if they use it the right way. With a degree there is a higher percentage of getting a more premier job. In the long run, college is worth it because most jobs pay more for people with a degree, the amount of jobs available are more broad, and college graduates tend to live a healthier life.
In our society today, college is something that one is looked upon to do. Today our society is mostly looked at by our education level rather than who the person truly is. Now society is also looking at this generation for us to know that to succeed, one might set high goals for their self, which means going to college and pursing a degree. On the other hand, there are some people in this world that graduated from high school and have never been to college and are just happy with their life like it is. There are two ways to look at this topic. One is that college is worth the cost and another view is that college is not worth the cost at all. College is worth the cost. Yes, it can be expensive depending on where the high school graduated would like to attend to earn their degree, but education is something that is worth the cost and very valuable and something one will never lose.
College is worth it because you will have a better job and pay then you can support yourself and your family. College student debt grows year by year, which means many students are unable to pay back their loan because they drop out of college or unable to find a job that can help they
College is a very important stepping stool to your future, too your life. Others might say it’s not worth the money, that plenty of people were successful without college, I disagree. Only very small hand full of people make it without a degree.
One factor that college is worth going to is education pays. Of course we may have some debt to pay after we graduate but in the end we get good paying jobs and easily get it payed off. In this graph from New school year, old story: Education pays article , it shows the difference between the weekly pays of different graduate degrees. When you see the graph you can see that people with a higher graduate degree gets a higher and better pay.( Informational text, New school
College can still be worth it for many people when they are deciding on their future path. College doesn’t have to be very expensive, there are many scholarships that students can apply for to help reduce the cost. Also, having a college degree will allow the person to have the option for career changes in their lifetime. Some colleges offer work co-op programs,an internship, where the person can get a degree, learn their skill, and make money. This allows them to feel more comfortable in their field, and it helps to eliminate some of their student debt. These are just a few of the reasons why college can still be very beneficial to people, and why college can still be worth it for many people.
College is an expensive and time-consuming choice, in which energy and effort must be exerted in. David Leonhardt argues that attending college and securing a college degree is worth the debt. However, Chris Matthews argues that even with a college degree, the crippling debt does not outweigh the pros of obtaining a degree. I believe attending college and obtaining a degree is worth the effort and debt for a rewarding job.
Primarily, a college education is worth it for a number of reasons; in the article “Is a College Education Worth it”, Punoinoin states “approximately
College is worth it because the benefits of a degree outweighs the debt that you will go into if you go to college. Statistics show that people who go to college and get a bachelor degree makes way more than someone with just a highschool diploma. “The Bureau of Labor Statistics estimates that median weekly earnings for a person with a bachelor’s degree was $1,025 in 2009, compared with just $626 for those with only a high school diploma.” states Allison Linn. So if you had a bachelors degree it would be easier and faster to pay of your debt which would be a beneficial thing along with getting paid more.
With the huge amount of debt and underemployment, is college still worth your admission? College admission is the first step when applying to the college of your choice, but not all colleges offer the same cost of admission. The more prestigious the school, the higher the cost of admission. We must lower the amount of tuition cost so that it is more affordable for low income students to attend and not be afraid of the debt after graduating.
If you are hesitant on if college is worth it or not then be hesitant no more; it is worth it. Some people would say that college education is not worth the cost of tuition. I disagree with this statement. College education is worth the cost of tuition. This is because, when you have a college education you end up making an average of 2 times more than a person with a high school diploma and also there will be more job opportunities. Even if you end up not using your diploma from college to get a job it will still look better on job application so, you are usually more likely to be chosen for that job. One other reason is, the unemployment rate is much less for employees with college diplomas rather than high school diplomas.
Even though tuition costs are rising drastically, individuals should go to college in order to get a higher paying job and preferable education level. In my opinion, college is worth the expenses for various reasons. According to “The 5 ways ed pays”, those who attend college help form a stronger community by having a higher chance of voting, contributing and volunteering. College also provides opportunities that are not available to those who have not received higher education. Not only do college graduates have a significantly higher chance of getting the job they desire, they are also half as likely to be unemployed.
In conclusion, after analyzing the advantages, disadvantages, costs, and student debt of a getting a college education. It is definitely easier to answer the question of whether or not college is worth the student loan debt. Investing in a college education requires much preparation on the front-end before making a final decision on whether to attend college. Overall, the research posits that a college degree is worth the investment. However, the return on investment indicates that the possession of a college degree at every level have higher earnings, more employability, lower unemployment rates and poverty level, more exposure culturally, better career choices, and largely a better quality of life than high school graduates. Even graduates
Are you thinking about college, but scared you cant afford it? Have yopu heard college is too expensive and its not worth the money? Have you wondered about your life after colloge? College degrees causes significant debt but its worth the time and money that is being pushed out.