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College Essay : The Value Of A College Education

Decent Essays

The Value of A College Education
Finances, degree requirements, and life fulfillment are three key factors in a common subject: the matter of a college education. With 6,900 institutions and 20.2 million students nationwide, college plays a big role in today’s society (“Background of the Issue”). And there is a greater disparity between college graduates and high school graduates now more than ever in past generations. With these things in mind, college is worth it considering its relationship with economics, careers, and overall benefits.
A major factor in deciding to receive further education is money. Some startling facts: there was $1.2 trillion of total debt from students in 2016 (Schoen), a 16 percent rise in the cost of an average student loan from 2008 to 2013, and a 42 percent increase in tuition at public schools from 2000 to 2010 (“Background of the Issue”). With all this in mind, many high school graduates worry about the financial strain college may put on their young adult life.
Although finances are a concern, the cost of college is worth it in the long run. A study deriving from the journal “Science” proves that a person loses roughly $500,000 in their life by opting out of a further education (“Is College Worth It?”). Much of this disparity is due to salary. Citizens with just a high school diploma earn only 62 percent of the income of a college degree holder (“The Rising Cost of Not Going to College”). Not only are those without degrees paid less than those

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