College Wage Gaps

Many students today look towards the future scared and frightened debating their future, all of them asking the same question. Is a college education truly worth the cost and the amount of debt that a student acquires over a four-year period? Many ask what are they doing this for, a piece of paper called a degree. That’s what the articles “Five Reasons Why College is Worth the Cost,” written by Reyna Gobel and “Is College worth the cost? Many recent graduates don’t think so,” written by Jeffrey J. Selingo both address. The articles take different standpoints and views on the topic. Gobel’s article siding with the view that college is worth the cost. While Selingo’s article argues that college is not worth the cost.

High school graduation marks the start of young adults’ lives, a time where they are expected to decide what they want to do for the rest of their lives. Many young adults are pressured into attending college, whether they have determined their goal or not, but is it necessary? “The Case Against College,” an article written by Linda Lee, a mother who has questioned the former belief that college equals success, claims that “not everyone needs a higher education.” College, though beneficial to many, is not for everyone and should not determine an individual’s life.

In the last decade, students and parents alike have begun to question the effectiveness of receiving a college education. Stories of students graduating college with outstanding student loans, being unable to find a job, or feeling overqualified for a position continually increase. In the same manner, the number of students apprehensive about refraining from entering the workforce for an additional four years while simultaneously spending thousands of dollars for an education that in the end may not assure them a job with an adequate income, increases. The issue then is to determine whether or not the cost of college is worth the outcome.

In the essay “College Value Goes Deeper Than the Degree” author Eric Hoover claims a college education is important to one 's well-being so they can get a job and be productive in other parts of life. Promoters of higher education have long emphasized how beneficial college’s value and its purpose. Many believe the notion that colleges teach students are life skills to apply anywhere, they also work hard to earn a degree and learn specific marketable skills which they can use to get a good job. Though obtaining a college education and a degree is helpful in countless of ways, it is not necessary to pursue a college degree in world where a college degree is seen different now, people without turn out fine, the growing average of debt that students who attend college have to pay off and people without a degree can obtain many jobs that do not require college degrees.

It has been a heavily debated topic over whether college is worth it or not. In “College’s Value,” college professor Eric Hoover explains his studies of college degrees and concludes that attending college has greater benefits than we expect. Nowadays, when families think of college, they think about the amount of financial burden instead of what they will gain from attending. In this article, Hoover states, “Yet the perceived benefits of attending college go well beyond the dollars” (Hoover 1). He writes how diplomas help receive better and higher paying jobs. Hoover is persuasive by using statistics, interviews with undergraduates and graduates, and acknowledging the opposing views as well as refuting them.

In “The Great Debate: Is College Still Worth It?” author Ricardo Azziz endorses post-secondary education by stating its economic advantage in today’s society. The author begins his article by introducing a survey done by the American Association of State Colleges and Universities, which shows that the majority of college graduates believe college education is worth its cost. Not only are people convinced of the value of a college education, adults with a degree of some sort (bachelor’s degree or associate degree) tend to earn more than those without one. But also, post-secondary education gives people a better chance at achieving the “American Dream” through diligence and hard work. Azziz states that “college graduates were 5.3 times more likely to leave the bottom quintile than non-college graduates”. In addition, in times of an economic downturn, individuals with a college degree are often able to better cope with the difficulty than those without. However, amidst the benefits of college, Azziz does not forget to address the reality that attending college is still, without a question, an expensive endeavor.

As you can see, there are many different opinions about the worth of college and the changes that could be made. Those on all sides of this debate aim to meet the same objective: finding the most beneficial path for students after high school graduation. The opinions in this debate range from believing that college couldn’t be worth the cost, to believing that it is always essential to finding a job and that it is always worth the cost in the long run. Though many debates have been made about the worth of the current college experience and the changes that could be made, little has been said about the changes that could be made at in the high school classroom in an effort to

Newly college graduates are struggling to find work. Others, on the other hand are accepting jobs offers for which they feel overqualified. Student debt has exceeded over$1 trillion. These facts are enough to make a series of questions about whether a college education is still worth it or not. A brand new set of income statistics answers these questions clearly: College is worth attending, whether you want to believe it or not.

David Leonhardt, the author of “Is College Worth It? Clearly, New Data Say,” makes the controversial argument that even with college debt increasing substantially in the United States it is still worth earning a degree. Leonhardt uses a variety of relevant figures and statistics to support his claim of the irreplaceable value of a college education. The majority of statistics used by Leonhardt concern the earnings advantage of college graduates as compared to their counterparts who decided not to attend college. Among the first issues Leonhardt addresses is the growing concerns prospective students and their parents have with attending college such as underemployment after graduation, debt, and unemployment (Leonhardt 33). To refute these arguments, he cites statistics from the Labor Department concerning inequality of income distribution; these statistics were

Society today is often very pressuring towards young adults when it comes to attending college. Maybe it’s because it is the most appropriate idea for people. College provides the average human with a higher satisfaction of life due to the experience and the positives outcomes than that of someone who chooses not to go to college. Although college results in the possibility of debt afterwards, it is still worth the journey.

College is seen as a requirement for a stable life. From an early age, we are taught that college is an essential step in life. Yet is college all that it is pumped up to be? Stephanie Owen and Isabel Sawhill along with Charles Murray gives us a good look into the benefits and drawbacks of going to college and take us on a journey of understanding that college may be a hindrance for some rather than an intelligent move.

In recent conversations of the increment of the student loan debt, a controversial issue has been whether a college degree is worth getting. On the one hand, some argue that earning a college degree is a major life achievement that some consider to be part of the American dream. From this perspective, we can see that a college degree opens up more opportunities and possibilities of employment with a higher pay and position. On the other hand, however, others argue that many people succeed without college degrees. According to the Bureau of Labor Statistics, of the 30 projected fastest growing jobs between 2010 and 2020, five do not require a high school diploma, nine require a high school diploma, four require an associate’s degree, six require a bachelor’s degree, and six require graduate degrees. In sum, the issue is whether a college or career path is worth the debt or not.

Supporters of getting a college degree often point to the statistics that college graduates earn more than their high school educated peers over a lifetime. Statistics by the U.S. Census Bureau reports that since 1977, “Adults with bachelor's degrees in the late 1970s earned 55 percent more than adults who had not advanced beyond high school. That gap grew to 75 percent by 1990 -- and is now at 85 percent.” A gap of an 85% pay difference is a huge figure and a clear reason why college is a great option for some people. But there are problems with that figure because when the number of college graduates who are either unemployed or underemployed is taken into account it changes the value of the statistic. In an article by Businessweek’s Richard Vedder we get statistics to counter that argument. He tells of how the number of new college graduates far exceeds job growth in technical, managerial, and professional jobs where graduates traditionally have searched for employment. As a consequence, we have underemployed college graduates doing jobs historically performed by those with just a highschool education. He says we have “more than 100,000 janitors with

For many years now, countless have debated going to college after high school. Most people think they can live blissful lives and build a good living even if they did not attend college. For several, this may be true to a certain degree. But now several if not all jobs nowadays require a high school diploma and a bachelors’ in some kind of degree. From the start, kids were always told to study hard and acquire good grades so afterward, they could get into great colleges so one could have an amazing life. College is where one’s life genuinely begins.

High school students are often stressed how important college is and how vital it will be for their future, but students often wonder if the thousands of dollars spent to further their education is worth it. According to the New York Times, “Student debt, meanwhile, has topped $1 trillion” (Leonhardt, 2014). Having that much in student debts, often questions individuals attend college or to join the work force right out of college. There are a lot of advantages of attending college as well as disadvantages of attending college. As an individual, you have to be the one to decide if it will be worth it or not. Some may view it is not worth all the debt in the long run, whereas some think it is worth every penny in the end. I have always had strong values when it came to education, therefore I think college is worth every penny.