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College Education Is Not Worth It

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Americans today tend to believe that once graduating High School, college is redundant. On the one hand, some argue that college education is not worth it. From this perspective, college is expensive and students will be in an enormous amount of debt. Though I concede that college is expensive, I still maintain that students should go to college once graduating high school. My own view is that college is a must after high school. Although, our society believes college is too expensive therefore, not necessary, on the other hand college education gives us a personal development, higher income and more job opportunities.
“People who argue that college is worth it contend that college graduates have higher employment rates, bigger salaries,
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From this perspective, college is expensive and the student will be in an enormous amount of debt. Debt is not something anyone wants to deal with. “Between 2003 and 2012 the number of 25-year-olds with student debt increased from 25% to 43%. 10% of students graduate with over $40,000 in debt and about 1% have $100,000 in debt. According to the US Congress Joint Economic Committee, approximately 60% of 2011 college graduates have student loan debt balances equal to 60% of their annual income. Missing or being late for loan payments often results in a lower credit score and additional fees, thus escalating the debt problem and potentially jeopardizing future purchases and employment” (Student). This statement agreed that going to college can and will put students to an enormous amount of debt. In this economy not all students find a job in their area of studies to pay off their debt in time. In fact, student loans can cause a postponement on getting a car, house or even marriage. “Student loan debt often forces college graduates to live with their parents and delay marriage, financial independence, and other adult milestones. According to a 2012 Federal Reserve Study, 30-year-olds who have never taken out a student loan are now more likely to own homes than those who have taken out loans” (Student). Within this passage they argue that the older one gets the more one has to wait to get a new car or move out…show more content…
College debt can be a problem when going to college although, the debt can be worth it when the outcome can be worth the income with a college degree. “On average, a college graduate with a bachelor’s degree earned $30,000 more per year than a high school graduate. The median income for families headed by a bachelor's degree holder was $100,096 in 2011—more than double than that for a family headed by a high school graduate” (College). Having a college degrees can increase salary. The opposition also says that loans from college force students to delay in life experiences. “Believe it or not, your college friendships will be among the most satisfying and long-term of your life. It’s always exciting to discover how wonderfully diverse college relationships can be” (The). Even though students cannot buy a house or afford a car college invites us to know other people from different states and countries and build relationships. Life experiences can happen in college to meeting a best friend that’ll last you a life time to our future spouse. College students who drop out waste federal aid money given to them. “In 2011–12, the percentage of first-time, full-time undergraduate students receiving federal grants at 4-year institutions was highest at private for-profit institutions (76 percent); at 4-year public and 4-year private nonprofit institutions, 39 percent
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