Economic Return For Going To College Essay

According to The Association of American Colleges and Universities (AAC&U), a study found that “at peak earnings ages (56-60 years) workers who majored as undergraduates in the humanities or social sciences earn annually on average about $2000 more than those who majored as undergraduates in professional or pre-professional fields.” This study which was conducted also found that the unemployment rate for recent liberal arts graduates showed a declining unemployment rate of only 5.2 percent. Not only does the estimated 9.6 million individuals hold a bachelor’s degree in the humanities or social sciences field, nearly 4 million of these individuals also attain a graduate or professional degree. These graduates with advanced degrees usually

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.

It’s logical that you have never seen a teacher that doesn’t preach to students how important it is for your financial future to attend college. In today’s world, having a college education has become a necessity contrary to a privilege. Adolescents are being highly encouraged to attend college, having set in their head of adult peers, that they will not carry a healthy future without doing so. With the pressure of attending college, most undergraduates don’t even know what they want to study. The only falsely fact that they are aware of is that if they do not obtain any kind of education, their success rate drops drastically.

In the article “We ignore the liberal arts at our peril” which was written by Alan Wildeman and appeared in The Globe and Mail on September 07, 2015, Wildeman claims that liberal arts degrees are valuable investments for people of the twenty-first century. Wildeman backs up his argument by providing facts from a study that lasted thirteen years in which the annual earnings of graduates from 1998 were tracked. Over the thirteen years, the earnings of the liberals arts graduates rose to $80,000 - the same earnings as a math or science graduate. This proves that liberal arts degrees pay as well as a math or science degree. Wildeman also uses information from the Ontario university systems which tracks graduate performances. Two years after graduating from an Ontario university, ninety-two percent of liberal arts graduates were employed.

“In fall 2016, some 20.5 million students are expected to attend American colleges and universities, constituting an increase of about 5.2 million since fall 2000” (National Center for Education Statistics). That number seems to be rising each and ever year, and it almost seems as students feel like they have to go to college directly after high school. Maybe it is because they feel that they have to fit in, even if college is not for them. Although some students attend college for academics, sports, and other reasons, some students attend college for no apparent reason; with that in mind, students should take into consideration the time and money that is put into going to college.

As adolescents begin their senior year, the topic of college often runs without hindrance, often causing extreme stress. As the monetary value, as well as the time spent, begins to accumulate in their minds, students often find themselves bound at the wrists figuring out a way to balance as well as afford college living. In many cases, the upcoming graduates are unsure about their career path, almost enhancing their stress in choosing a school that would cater to their needs. It is almost then they begin to ponder whether or not University/college life is for them, which is could be an extremely advantageous shot in a, for example, high achieving family. Whilst college does allow for a plethora of doors to be opened, the lack of time, effort, and money can hinder one 's ability to properly choose a university. Though school can help with the stepping stones of life, they do not entirely ensure a proper future, therefore many may opt out of school; however, with the correct actions, they may turn out extremely successful, which may not have even happened without the release of the burden of school.

Many students have aspirations about attending the college of their dreams, but many people lack financial support and are not able to go because of high tuition payments, such as housing, and other college expenses. U.S. Student Loans Debt Statistics for 2017 indicate that “the cost of attending college is becoming a growing burden for a huge portion of Americans.” (Student Loan Hero). Students are left with the option of dropping and leaving school. Even after receiving some financial support, such as scholarships and grants, students have limited amount of money to pay off their expenses. At the start of their college career, students apply for the colleges they would like to go to, and many forget about the financial decision that is required to pay for college. “A 2010 study on more than 200,000 freshmen at four-year colleges, more students rated themselves as below average in emotional health than ever before. The financial stress of worrying about their college loans and whether they’ll find a job after college and the day to day stress of making decisions for themselves in all aspects of their lives.” (Allianz). Unfortunately, freshman students are the main group of college students that go through financial conflicts, leading to stress about how to pay for college. Some students choose to work their way through college. “Others decide they’d rather be making money working full time than pursuing a costly degree. Still others become discouraged at the prospect of incurring loan debt” (College View). According to Public Agenda, “Work is the top reason young adults give for not returning to college once they leave. More than a third (36 percent) of those who left school say that even if they had a grant that fully paid for tuition

Michael Fromm, CEO of electrical Manufacturing, says in an article on CNBC, “I find people that have a liberal arts background have a broader view of the world and will go farther in business.” Practical skills create people trained to do one thing one way and not allowing for deviance. Kelley Holland, on an article “The Case for a liberal arts education,” says, “Graduates that are right out of college, by their peak earning years, from age 56 to 60, people with liberal arts degrees earn an average of $66,185, about $2,000 more than their peers with professional or pre-professional degrees.” Critical thinkers are perfectly capable of performing practical skills, and in fact, since they have been taught to think for themselves, will now be

There has been a moment in everyone’s life where they have dug too deep to jump back out and abandon the end goal. Students across the country that begin their junior year of high school are thinking about which choice of colleges they have in mind. One of the major problems that keeps a student back like solid steel chain is the tuition it cost for University admission. Students working their hardest throughout their high school career and having the ever conscious situation of financial problems stress them out. Students become discouraged when one of the main reasons for being unable to attend their dream college, is their inability to afford the yearly tuition cost of attendance. Students are then forced to face reality, in the sense that,

Starting in high school, students are not given equal opportunities to excel because of family background. Furthermore, the admissions process itself has its flaws—legacies, minorities, and athletes are being chosen over exceptionally gifted valedictorians. Even after college, the problems do not end; possible joblessness and student debt are unavoidable. On top of these major problems, educators and parents continue to convince kids everywhere that college is the only option to become successful, and choosing another path is heavily looked down upon. The newest generation’s life is centered around the climax of college while at the same time, more and more students are unable to attend universities because of cost or rejection, but this is a paradox. The more high schoolers work hard, the more high schoolers will get turned down to their dream schools, and the more the college admissions process effectively become a lottery, leading to “many highly talented, brilliant, creative people thinking they’re not” (Robinson). The widespread college problem has no easy fix, nor does it have a single solution. Rather than working to fix the unfixable, adults must stop putting such emphasis on the college pathway, and instead stress that there are other options. The future of the job world is unknown; there is no way to know if an expensive college education is the right choice. College, with all of its flaws, is just one option in preparing for the future; it is not necessarily the best. Therefore, the single word, “college,” should stop dividing the academic from the non-academic or the successful from the unsuccessful, and instead be considered a single path in an array of worthy

“Kids who are the first in their families to brave the world of higher education come on campus with little academic know-how and are much more likely than their peers to drop out before graduation” (1). Many people believe that school isn’t for everyone, and whoever goes is privileged for doing so. Countless people in the world today do not attend college, and this is mainly due to an influence of those in their family. Perhaps they are unsupportive of higher education, their parents and family members may view their entry into college as a break in the family system rather than a continuation of their schooling and higher learning. Most of the first-generation students decide to apply to colleges, because they aspire to jobs which require degrees. However, unlike some students whose parents have earned a degree, they often seek out college to bring honor to their families, and to ensure they make a decent amount of money for their future.

It is a well known fact but there are many people including counselors, parents, teachers, and friends who resist saying it out loud for fear it will sound like discouragement and negativity: college is definitely not for everyone. The pressure on high schools students, especially those that excel, to attend a college or university is enormous. And in the case of a bright, industrious and motivated high school student, attending a college or university is an obvious career choice. For those students, it's only a matter of what university to attend, whether one's SAT score is high enough, and the availability of the money. Then there are the millions of high school students who are not really personally motivated but are being pressured by their counselors, teachers and parents should they attend college if they really don't care? This paper examines those issues.

With tuition costs skyrocketing and job opportunities declining for many graduates around the nation, it leaves many to question the supposed benefits of earning a college degree. In high school, students are geared towards the idea a college education will unlock various opportunities for those with a degree compared to those individuals without one. Although receiving a higher education may be extremely costly, it remains important to not underestimate its true value. There are a number of factors that make earning a college education crucial in today’s society. These include the knowledge you gain by earning a degree, and extensive opportunities made available after graduation. These two factors, along with the financial security and

Students from all over the United States are told all through their life that they need to attend college if they ever want to be successful, however, this is far from the truth. Often schools are culprits for driving students to attend money driven colleges, in other cases it is family. While schools all too often make the push on students to continue their schooling, parents can cause the same situation, as they may not have a degree and be working a low-paying factory job. Now kids already don’t want to be like their parents when they get older, so seeing them suffer in poverty or barely above the poverty line can cause some dissatisfaction, further seeking a degree to live a life that they never got. What many