College Is A Major Commitment Of Time And Money

The higher a degree one has the more money they make. As one’s degree goes up, as does their earning gap. “...individuals with a four-year college degree earned about 43% more on average than those with only a high school degree...” (FRBSF Economic letter). The more education you have the more money you make. If you have only a high school diploma then you will make significantly less. College is an investment and it pays itself back the farther you get in the working world. “...the difference between earnings continues such that the average college graduate earns over $800,000 more than the average high school graduate by retirement age...” It also drastically lowers the rate of unemployment, ” (FRBSF Economic letter). You are earning close to a million dollars more than you would otherwise with a degree. Making money is key in survival, this day and age. The more money, the more power, and success in the business world.

Data from the U.S Department of Labor shows that college graduates have lower rates of unemployment. The rate of unemployment with a bachelor’s degree is 2.7%, while the rate of those with a high school education is 5.2% (Employment Projections, Bureau of Labor Statistics). This depicts that those who earn a college education have a better chance at getting a job. Their data also shows that those with a college education have higher salaries. The median weekly earning for those with a college degree is $1,156 and the median weekly earnings for those with a high school education is $692. That’s a $464 a week difference and $24,128 a year difference (Employment Projections, Bureau of Labor Statistics). Not only are college graduates getting jobs and making more money, but they are also healthier and happier. Professor Phillip Trostel, reports college graduates are four times less likely than high school graduates to smoke and are more likely to exercise, wear a seat belt, be a healthy weight, and go to the doctor’s (Want to be Happy and Healthier, Merisotis, Jamie).

    For example, when you have a college degree, you make more money hourly, weekly, and annually. According to the National Association of College and Employment, they have found that for the 10 board degree category ranking from  engineering to communications, 2016 graduates are projected to have an average salary of $50,556. 5% from 2014 earned $48,127 and is gradually increasing while high school graduates only make $30,000 per year. This shows that people who attend college, get a better pay-day than high school graduates.

Having a college education is an important tool that contributes to several aspects of a person’s life. The areas that are impacted the most would be the professional and personal areas. It is important to learn the value of a college education in order to take advantage of what you learn and how to productively apply it in your personal and professional life. Having a college education is something that can always be looked at as a positive achievement that feels good and looks good on a resume. Earning a college degree

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.

From what I have read online statistics show someone with a high school diploma will make $1,116,600 while someone with a bachelor’s degree will make $2,048,204. College presents you with many challenges. Including independence, stress, working with others, and dealing with life problems as the same

Many college students choose to also get more than one degree while attending college to earn more income and further their education. College graduates have the choice of get higher level degrees and training resulting in earn even more income based on the different higher level degrees earned and training received (this means the more degrees and training you have the more income you may receive). People with higher level degrees and training earn more money that those without degrees. In 1996, for example, workers with bachelor's degrees had median annual earnings of about $36,000, while college graduates with more advanced degrees earned around $40,000 (Mittelhauser 3). This is a four-thousand dollar difference in income; this is only one of several examples of how people who graduate college make more money than the average high school graduate and that of people with lower-level degrees. The median annual wage for a bachelor’s degree in 2010 was $63,430. While the median annual wage for a person with a doctoral or professional degree in 2010 was $87,500 ("Employment by Education and Training Assignment, 2010 and Projected 2020"). This is almost a twenty-four thousand difference income just based off of median annual wage of different degrees. The income difference from college graduates than to those of high school graduates is great. College graduates are getting better wages and job openings than those of high school graduates (“President’s Perspective:

College graduates tend to make more money than high school graduates. According to the Economic Policy Institute, “College graduates, on average, earned 56% more than high school grads in 2015” (Pay Gap Between…). Although, this stat might not be for everyone it is for the majority of people. Jobs tend to pay higher if the person has a college degree than if one did not. To be successful people might have to spend money to make money. If someone spends thousands for college for 4 plus years, but in return they are making 56% more money than a high school graduate in the long run it will be worth it. They will have a lot of debt and student loans to pay, but once they pay it off they will start catching up to high school graduate in profit quickly. Many jobs would rather have someone with a college degree than one with just a high school diploma. The stats prove that people tend to make more later on than someone who goes straight into the workforce.

The major reason of going to college is to get a good job. College prepares us with academic knowledge in order to succeed in the future. Many people think that a higher education is essential to prepare a person for their future. As

After students expand their knowledge in college and receive a degree they have greater odds of finding a higher paying, more desirable job or career. The degree a student obtains while in college will help him or her have more success once they have graduated. Having a college degree offers a competitive edge against others.

College isn’t for everyone. Although there are ups and downs in college, education always matters and is never a waste. College can prepare you for a variety of careers for not only do you obtain a degree, but you learn first hand skills that you might have never used otherwise.

A College degree doesn’t only require hard work, but also a lot of money which can lead to conflict. Students might get discouraged to continue with their education because of how much it costs. Having a college education provides the benefits of better job opportunities, higher salaries, and improves

Going to college and obtaining a college degree would provide one with endless possibilities and opportunities in their life. While attending college students have the chance to meet many new people. This provides students to get out of their shells and explore new ideas. Having a college degree also widens ones options for a career and gives the opportunity to make a better salary. Many jobs today are requiring employees to have some type of college degree. Employers also pay an extra amount if one does obtain a college degree, and having a college degree often provides for greater promotion opportunity.

Why is college so important? A few years ago, most people only obtained their high school diploma and would receive any job in the market, but colleges have become the twenty-first century key to success. Jobs are now being given to those who are more educated and college provides this extra education. It is not the same as high school. High school education consists of a more general knowledge, which is a small amount of information about all the topics, but college is focused on the major. College graduates have more comprehension in their area than those with a high school diploma. As President Theodore Roosevelt once said, “A man who has never gone to school may steal from a freight car; but if he has a university education, he may steal the whole railroad.” (Chicago Tribute). His point is that the more educated a person is; the higher goals they can obtain. College is the best way to succeed because it provides more education about deeper knowledge and moral value. It also opens up more job opportunities, and practical knowledge about the discipline and enlightened understanding.

As for the moneymaking, the first 5 years aren’t looking so great, but after that, on average, a college graduate with a bachelor’s degree earns $30,000 more per year than a high school graduate, or about $500,000 more over a lifetime. Actually, any type of education past high school will have you earning more, whether it’s some college, an associate’s or anything higher.