Is Having a Degree Important Pros and Cons

6691 Words Oct 26th, 2011 27 Pages
Is having a degree important pros and cons

Is Getting A College Degree Worth It These Days?
By: Brian Kim - August 28, 2007
I got the idea for this article after overhearing a conversation the other day between two teenagers. One was arguing that getting a degree was the only way to get a good job to make good money and the other was arguing that getting a degree wasn’t necessary in today’s day and age in order to make good money.
I’m sure you or someone you know have had this debate at least once and I think it’s one that’s becoming louder and louder with each new generation.
One side drags the income chart out and points to the statistics of bachelor degree holders earning way more than high school graduates
The other side then
…show more content…
Why this is so? Again. It beats me. That’s just how the system is set up. And it’s too bad some companies play by those rules.
But amidst all this talk of a college degree opening doors, high salaries, intangible benefits, there is one major drawback of getting a degree. What is that?
Debt.
They always forget to include that don’t they? But some may say it’s a good investment because you get a high paying job so you can easily pay it off.
But remember, that was then. What about now?
It is precisely this factor of high debt coupled with the dropped value of a college degree in today’s day and age that has led to and sparked the debate of “degree vs. no degree”.
Because the value of a degree has dropped, many college graduates are having hard time finding work. They don’t have experience or marketable skills. Just a degree. So they can’t get that high paying job they want.
Meanwhile, it’s time to pay the piper and more often than not, those monthly payments on the loans they took out are pretty high. Couple that with the fact that credit card companies prey on college kids and the materialistic attitude of today’s generation which contributes to another high monthly bill and you’re looking at Generation Debt.
These college grads have to pay the bills, so they get any kind of job they can to pay the bills, even if it seems
Open Document