Explain Why College Is Worth The Time And Money Essay

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

This week for PLN I read "Is College Worth It? Clearly, New Data Say" by David Leonhardt is about how college is worth it even with its cost. In the article, it describes how important a degree is. It said in the article that 98% of people with a degree made more money than people without a degree. There is nothing inevitable about this trend. If there were more college graduates the pay gap would shrink. The true cost of a degree is negative $500,000. The unemployment rate for 25 and 34 years old is 3%. That is from having a degree. The average hourly wage for a college graduates has risen 1% to 32.60.

Achieving a college degree is worth the time and effort as well as the financial struggle because there is more to be gained besides context knowledge. College is something that has dropped in importance as less and less people attend every year. These students are unsure as to whether it is worth it.Parents push their kids towards college and some even tell them not to go because of financial problems. This pressure students to make a life changing decision. This is all things that may keep a student from a secondary education that could kick-start a new and better life.

Imagine getting the job of your dreams. Well, you can, but you have to get more of a education first. College is where you go after high school. Here, you can take many classes of your choice to help you to prepare for your career. Obtaining a college degree has many benefits.

Recent high school students are debating whether to or not attend college, should consider the benefits of attaining a college degree. For many low or middle income students, this a route to gain opportunities to improve their economic circumstances. An article, “Pathways to Prosperity,” states in 2008, workers with bachelor's degree make about 65 percent higher than high school graduates and workers with associate's degree make about 73 percent more than high school dropouts.. This is evidence obtaining a college degree can be an opportunity to have earnings higher and significantly increase one's income.

College graduates, on average, make a whopping one million dollars more in lifetime earnings than those with a high school diploma. Those with a college degree now make $17,500 more per year than those without — a wage gap that's doubled in recent decades. Those without a degree are four times more likely to be unemployed.One of the biggest and most important reasons for anyone to attend college is the upper hand it gives with regards to jobs and career. A college graduate has a higher chance of landing a job when compared to an individual with a high school qualification. Further, a college graduate also has better options and opportunities to progress in their

As it is heavily believed and statistically proved by Document A, Earnings and Unemployment Rates Based on Educational Attainments (2015), the higher the degree earned, the more money attained, similarly the higher the degree earned, the lower the unemployment rate. This proves the worth of college by giving numerical comparisons of those who invested in it verses those who didn’t. The median weekly earnings of $1,730 from someone with a professional degree put up against the $678 from someone who only graduated from high school shows a very obvious difference. This information greatly supports the decision of going to college by displaying the “in the long run” advantage of college through the amount of money you can make in the future with the degree you earn

    After high school students have the opportunity to attend a college. Today, it seems like fewer people go to college. People will say “It’s too expensive or I don’t have the time” however that's just not the case, in my opinion, college is worth it because if someone is seeking a long-term job with security, mobility, and pay increase must attend college. Having the degree is better than not having one at all.

“College graduates aged 25 to 32 who are working full time earn about $17,500 more annually than their peers who have only a high school diploma, according to the Pew Research Centre, a think-tank.”(Web) Most students that graduate college agree that college is a good investment despite the cost of university increasing and job salaries staying the same.

College gives its graduates the greatest ability to achieve a higher paying job. Furthermore, adults who attend college earn higher wages over those who do not. As emphasized in “College Grads Find Big Degree of Debt, Difficulty; American Families Start to Wonder Whether Education Cost Is Worth It” by Patrice Hill, a staff writer for The Washington Times, employees who have a

Individuals who say it is not worth going to college would argue that college is a waste of time but can agree that college graduates make more money than non-college graduates. College graduates with a four year degree make more money than a high school graduate. For example, these statistics from an online source explains that “On average, a college graduate with a bachelor’s degree earned $30,000 more per year than a high school graduate, or about $500,000 more over a lifetime, as of Apr. 2013. The bachelor’s degree makes a huge difference than a high school diploma. The majority of high school graduates want to work when they graduate high

     It seems in the society we live in today, having a college degree is a necessity. Years ago it was the norm for people to just go right into a full time job after high school, if they even finished high school; they did this to support their families. In today’s society a person has a difficult time getting a decent job without a college degree. During an adults working life, bachelor degree graduates will earn about $2.1 million and a high school graduate can expect to earn an average of $1.2 million (Day and Newburger, 2002). This is quite a difference and it puts a college education in

People with college degrees are paid 80% more than people with only a high school education. When the college degree is from a more prestigious school, that percentage increases even further (McArdle). Even President Barack Obama acknowledged this in a 2012 speech, saying that “The incomes of folks with a college degree are twice as high as those who don't have a high-school diploma” (Lemann). While a college education is a good investment for the long run, the cost of college is not a positive. The price of goods has risen due to inflation over the past decade, but during that time college increased drastically. The rates have nearly doubled, but the things that students learn still remain the same. If students are paying so much more

High school graduates without at least some college under their belts now hold just 18 percent of the good jobs, down 10 percentage points during the same time period,” (Fain 3). People with a four year college degree have gained 55 percent of well paying jobs in 2015 compared to in the nineties where it was lower. Going to college is a good start to help decrease unemployment rates and also increase chances of working well paying jobs. College education can help with getting stable jobs, leading to increased income and better financial support for one’s family.

Now days, many people are told that they must graduate high school with good grades, so that they can get into a good college and be successful in life. Many people follow this because it’s what they have been taught their whole life. Most won’t even ask themselves, is college worth it, or is there a better alternative out there. College can be worth the time and money that is invested, for a lot of individuals, if they use it correctly. On the other hand, college isn’t for everyone and there are many reasons that make it not very appealing for these individuals. I consider college to be worth it if you use it correctly, even if it isn’t the best financial investment. While there are many people who think college is worth the time and money invested, there are others who disagree.