Is Having a Degree Important Pros and Cons

Student loan debt has become a discouraging problem throughout today’s economical foundation. “Overall debt is falling but student loan debt is increasing year-over-year and at a much faster rate,” chief executive David Stevens told The Washington Post. “[Young graduates] are already on the margin for being able to qualify for a mortgage. If you add on a

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

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.

The topic of “Are Too Many People Going to College?” was presented by Charles Murray, the W.H. Brady Scholar at the American Enterprise. In today’s world college is a must due to many employers seeking educated individuals. Murray develops an interesting conversation by demonstrating that many high school graduates who are seeking to go to college do not need a degree depending on their career paths. Murray provides the analogy of a high school graduate who is looking to become an electrician but is not sure if college is the most logical decision. Murray acknowledges the fact that a B.A. does not necessarily led to a higher income than one with a degree. The logical argument of money is brought to attention and is stated “the income for the top people in a wide variety of occupations that do not require a college degree is higher than the average income for many occupations that require a B.A.” (Murray 247). Although this is his main point, he understand that it varies due to the occupation one is leaning towards. There has been individuals without a college degree that are making millions of dollars, but it varies. Murray claims that getting a B.A. is going to be the wrong economic decision for many high school graduates (Murray 246); however not everyone wants to be an electrician or any other hand held jobs that doesn’t necessarily need a degree, but if one wants to be a lawyer, doctor, or anything require a degree, college is the answer. Having a degree in a

The rise of college tuition along with room and board have lead many to believe that college isn’t worth the money. This among with the other factors of how getting a job into society is more difficult and that a college degree no longer competitive due to the high abundance of them. On the other side, many others urge the importance of a degree. They bring up how more jobs today require degrees, the return investment, and many other things.

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

When it comes to achieving success in the work force and finding a fulfilling and lucrative career there are few things more important that higher education. Going to college and getting a degree is essential in finding success in the work force. The problem is when the cost of gaining that degree outweighs the financial compensation the career that follows is able to supply. Very few people are able to pay for college out of pocket. The result of this is that students seeking higher education are forced to take out massive student loans. This means that they are entering the work force

They do not want to be looked down upon in the eyes of society so they do what they think is best. The idea to become a productive person in society is that you must have some sort of college education. Being a college student is seen as more respectable, rather then being a garbage man or janitor because of the way society looks down upon these types of careers.

Nowhere is this more evident than the crushing level of student debt needed to earn a college degree.

Too many jobs require degrees when a high school diploma would be sufficient. This problem is due to the excessive amount of college graduates being produced and results in a highly competitive employment system as well as a high underemployment rate. Many people without a college degree may be just as qualified as someone with a degree to perform a certain job, but because so many people have a degree, employers have the ability to set higher standards than necessary, and the college graduate will get the job every time. If fewer jobs required degrees, the jobs would still be there and it would even out the competitive playing field

Many recent college graduates have faced record levels of unemployment. This situation has lead people to question what they value about higher education. Some high school students and their parents are wondering if a college education is worth the cost. Others, however, believe that a college prepares students for more than just a job or career. Many people then present the counter argument that people like Bill Gates, Steve Jobs, and Mark Zuckerberg did not have a college degree, but unlike them most people are not geniuses and do not have the same entrepreneurial opportunities available to them, let alone the innovative ideas and proper timing. A college education is worth the cost because it is a requirement for many jobs, college graduates make substantially more than high school graduates, and college provides more opportunities for personal growth and networking.

The data shows almost 70% of bachelor’s degree graduates leave universities with debt. Furthermore, the overall student debt in the country has reached $1.2 trillion, which naturally has a big impact on not just individual’s economy, but also the country’s economy.

With attending college there ensues a large financial burden, but it is difficult to find a job without a degree. The need for a college degree is growing, as is the cost. The unemployment rate representing people who have not graduated college is currently 7.3%. While that has decreased from where it has been

     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

“I have written job descriptions. I have written the hiring qualifications for various positions. There have been times that one of the jobs I was hiring for had the qualification of ”Degree required.“ More often than not, this means a four-year degree required. Yes/No. Black/White. It’s a toggle switch. ”Yes“ means the candidate moves to the next pile of potential hires. ”No“ means… well, it means no. No, you don’t have an opportunity to interview for this job.” Wrote The Pros and Cons of Attending College - Is College For Everyone? Website. Writer Tia Ghose, “Is College Worth the Money.” Captured the concept of the employer only too well. “As an employer, here’s what a four-year college degree signifies to me, beyond subject knowledge: You know how to set and achieve long-term goals (i.e. ’graduate from college’).You know how to be a part of a team — not necessarily sports related (there are few college graduates who have not had to work on at least one team project). Often times, you are self-motivating and know how to speak in front of a small group, know how to make a simple presentation and understand the concept of deadlines and consequences for missing those deadlines.” She