Is College Worth It Essay

While this is often true, it can create problems when a student does not have the money to pay for a quality education. The cost of college has risen an estimated 250-500% over the last 30 years while consumer price index has only increased by 115 percent during the same time frame (White, 2015; Eskow, 2014). The amount of student loan debt is increasing, along with the cost of college. The income of many young people today cannot keep up with the rising costs of college education and housing. Part of the problem with student loan debt begins when students choose to attend a college that exceeds their financial resources and rely on federal student loans as well as private student loans to make up the difference. Eskow found that even public colleges and universities are becoming difficult to pay for without taking out student loans often averaging $30,000 for tuition, room, and board (2014). Since many people do not have enough money to cover college education expenses, they rely on student loans, both federal and private, to fill the gap. Financial advisor Ramsey stated that often the loans students take out pay “for an off-campus standard of living, and no debt was needed to get the degree” (2013). “The Project on Student Debt reported in 2013 over ⅔ graduating seniors were leaving school with student loans” averaging approximately $28,400 (White, 2015). Taking on almost $30,000 in debt before even starting a career can have a significant impact. It can force people to get a job just to pay off the student loans, not based on what they got an education for prepared for or what they studied. This also can cause a setback in future plans, having to delay many adult milestones due to lack of

Elementary school, middle school, high school, college―that’s how we’re told our education careers should go. After college you go on and get a job based on the degree you received. Seems simple right? According to Erik Lowe in his Seattle Times article “Keep Washington’s College Tuition Affordable,” he informs that people in his generation are the first to be less educated than their parents, in the United States. He explains that this is due to the high cost of tuition followed by a huge amount of student loan debt. Lowe believes that there needs to be a significant change in the country’s higher education systems (in reference to the tuition costs) or the decline of college attendance will continue. There needs to be a decrease of

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.

For years adults have been questioning whether or not college is worth its cost. Over time the price for college has increased drastically and the potential income of a college graduate is barely following that trend. As colleges become more wealthy and powerful, they’re too pricy for someone to afford without help and debt.

Ask yourself a question, is college worth it to you? If you answered no then in this case it will be beneficial for you to read this. When thinking about college you have to think more about what you want out of it rather than what you have to do to get through it. The skills that you get while attending college can be very beneficial to you. Having the critical thinking and advanced communication skills that you acquire in college. Getting a college degree and bringing what you learned to the real world will benefit you in your quest for financial success.

We are told to “go to college” by family, media, and teachers, but we are never given an explanation on why it’s important for us to get a higher education. The importance of higher education is so we can obtain a career that can support our needs and wants. It’s also important because it gives you an advantage when trying to get a job. Employers require a higher form of education, which is necessary for our society to advance. There aren’t many jobs that accept people with a high school diploma as their highest form of education. Employers want people that know what they’re doing, and so does our society. In order for people to go into the career field they want, they need to go to college to learn everything that comes with that career.

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.

College started to be the direction many students take after high school. During junior year, all the teachers start telling their student to consider college and the major that they want to pursue. Correspondingly, the students start to take the SAT and ACT tests. In junior year many students start to think if they are ready for college. Also, they start thinking about the major they want to enroll in if they decide to apply for college. More questions come in mind such as, would college be suitable for everyone? And is college worth the money the students would have to spend on tuition every semester until they graduate? From Leonhardt perspective, college is worth even with the debt it comes with. According to Matthews’s argument, college degree is needed because it is becoming more valuable with time. The arguments that both of Leonhardt and Matthews give prove that college is worth it and it is a good financial decision for most of the students.

There are many options and paths someone can take in choosing to go to college or not but a question to ask is, is it worth it? If the decision is made to go to college then one of the first things to decide on is an area of study and then looking into where that topic of study is available, which can be a big undertaking. Some options that are out there are a four year college, community colleges and vocational or technical schools. Another option would be not going to college at all, but ask

Families are now aiming low when it comes to college- or are simply not going at all. Money could play a huge part in this decision- after all, the cost of college has skyrocketed over the years, and so has the amount of student loan debt. This is something even Leonhardt admits, stating that, because of this, only about 33 percent of young adults get a four-year college degree today, while another 10 percent receive a two-year degree (Leonhardt). And even though many colleges offer financial aid packages, that money may soon be cut and the cost of college will continue to grow. It is true that, in my personal experience, just because a student is awarded financial aid does not mean they have a golden ticket to University. This leaves many desperate students the only option of taking out as many loans as they think they can handle- often more than they should. Debt is not a new issue for America, but it is still a problem. Although David Autor, an M.I.T. economist, laments: “not sending [young adults] to college would be a disaster”, no one can ignore the rising rates of loan defaults, and some think it

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.

For most students, finding the right college is hard, there are all these different things that need to be right. What majors do they have, how far away is it from family, does the campus a nice feel to it, and probably the most thought about question among students and their parents, how much is the tuition. According to the Department of Education, the tuition for a four-year college in the eighties was around nine-thousand dollars, now tuition has gone up to almost forty-thousand dollars. Many students, who are unable to pay for the tuition usually take out a student-loan, which helps them in the short run but later in life can become a big burden. especially if you're someone who has an average salary of fifty-thousand

College is an important step in a student’s life after high school. Most people wonder if it is worth the investment because of how much money one is prone to spending when attempting to pursue a college degree. But many people believe that it can help students land a job that will result in money being earned afterwards. The money that is earned from the job can then help pay off the amount that was lost due to college finances as well as help the person be able to support and stabilize themselves. Many jobs in today's society requires some sort of college degree.

With the rise in minimum wage nationwide, things cost a lot more. That doesn't mean you have $42,500 to pay for college yearly,(CNBC 2015). That's a lot of money if you're not working. Even state colleges are charging $19,000(CNBC 2015). And considering you're going to need a loan, That's going to add to our nationwide student loan debt of 1.2Trillion,(CNBC 2015). But due to the fact that you could earn enough money to pay back all that debt, it is still appealing to most people. The thing is going to college is a lot like gambling. You go hoping that you can get your degree, and earn more later on. But like gambling, you can lose everything.