The Economic Background Of A Student

After finishing high school people go through a dilemma on whether or not they want to continue their education. They could either go to college or begin working as just a highschool graduate. Going to college is a necessity. College takes four years and maybe another four years of studying. They is very little in comparison to an average 80 year lifetime. That’s not much time at all! College costs $20,000 - $30,000, college is like putting an investment into yourself and in hope that you’ll prosper and get a deserving career. Many jobs require special skills and that’s where college degrees come in. College brings many job opportunities, whether it be flexible or just high paying. Debt could easily be payed off if college is completed because of the better income.

Life is never easy, no matter how hard we try to short cut and escape the inevitable difficulties. After College is when life sets in, when work becomes a necessity and we all begin to find a place to settle down. People respond differently to different situations. Some of us embrace the freedom and the ability to earn money and spend money indiscriminately. Others crumple under the social pressures placed on us. Christopher McCandless is a perfect example. Settling down and raising a family, providing for that family and creating a sustainable lifestyle are important and high stress things that we all must deal with if we are to enjoy the finer things in life. Chris totally abandoned that, he gave away all of his possessions; even

College graduates tend to make more money than high school graduates. According to the Economic Policy Institute, “College graduates, on average, earned 56% more than high school grads in 2015” (Pay Gap Between…). Although, this stat might not be for everyone it is for the majority of people. Jobs tend to pay higher if the person has a college degree than if one did not. To be successful people might have to spend money to make money. If someone spends thousands for college for 4 plus years, but in return they are making 56% more money than a high school graduate in the long run it will be worth it. They will have a lot of debt and student loans to pay, but once they pay it off they will start catching up to high school graduate in profit quickly. Many jobs would rather have someone with a college degree than one with just a high school diploma. The stats prove that people tend to make more later on than someone who goes straight into the workforce.

Dunn suggests that young adults are experiencing failure to launch because of the financial difficulties of living alone during a recession (Dunn, 2012). According to Dunn, High school and college grads have a hard time trying to find a meaningful job due to the fact of fewer jobs to choose from and more competition to fill them and even a harder time transitioning from an entry-level job to a career (Dunn, 2012). About 13% of adult children between 18 and 29 move back in with their parents after an attempt to live alone, majority of them are females that state that the economy cause they to move back home (Dunn, 2012). Going to college has become very popular these day but the degrees don’t seem to have a positive effect as far as leading to a job as it once did and living on minimal wage is impossible (Dunn, 2012) Living back home also enables a young adults to reduce their expenses and focus on saving money. Rather than struggling to make ends meet, they can put money in their savings accounts or investments and begin growing a nest egg (Dunn, 2012). People who use their parents as a safety net with no greater financial goal in mind are doomed to never launch away from home; those who use it as a carefully-calculated stepping-stone to a more successful life are much more likely to launch successfully and stay independent ( Dunn, 2012).

"The United States are ranked well behind Chinese and Australian students in financial literacy, and new research shows over sixty percent of American teens don't know how to approach basic financial problems" (Shepard). There are many beneficial reasons why personal finance should be required in high school a few of which are: young adults are lacking the basics, there isn't any personal finance being taught in the classroom, it's a part of our everyday life, and Americas debt lies in our future. The lack of personal finance being taught in the classroom is a major concern in the United States. One of the most critical reasons why personal finance should be taught in the classroom is because young adults are illiterate about personal finance.

Going to college and receiving a degree does not guarantee that a person is going to get a job right after they graduate. It is sometimes hard for some graduates to find a good job because there is so much competition with other graduates as well. Sometimes they may get a job and it could be in a totally different field of what they got their degree for. They must find a job though to pay off all the debt that an education has given them.

The main problem with the lack of college graduates is the cost to continue one’s education. A public university may be the best choice, but without the expenses, finding another way to earn a degree can get difficult. A positive outcome from graduating college is the knowledge gained and the freedom to choose from a vast selection of job opportunities. The money that someone who has a degree can earn is endless depending on the field of study. The average lifestyle can be hard to afford at times for someone who does not have a high salary job due to incidentals like car payments, insurance, rent or food.

College graduates are about 24-30% more likely to be employed, This percentage increases dramatically as a college student gets higher degrees until the probability is just about tripled compared to a high school grad.

People moving back home and commuting to work makes a lot of sense when you think about it, college students living at home may not have to pay rent so they have more money and are

College is like a key to a door in a room that is successful and carefree. To do with financial problems, these can be taken care of as to many different alternatives. In Source F, it states "College graduates place more emphasis on intellectual growth; those who are not college graduates place more emphasis on career preparation.” This means that college graduates

When most teens getting ready to go off to college think of getting away from home, but

According to the Economic Policy Institute, nearly 25% of college graduates are either unemployed or underemployed – a term which means they are employed at a job beneath that which is appropriate for their skill level. (Knowledgeatwharton). This is a serious issue and raises some important questions for both college graduates and the institutions from which they obtained their degrees. In this paper, I will be discussing what I believe to be the primary source of this problem, the impact it has on college graduates, and a solution, which Butler Community College could implement would work towards rectifying this issue in our local community.

The degrees shows that their college experience was a breeze and filled with partying. The United States Bureau of Labor Statistics found that, “In October 2011, the United States Bureau of Labor Statistics the unemployment rate for 20- to 29-year-olds who had graduated from college in 2011 was 12.6 percent. The rate was 13.5 percent for those who recently had earned bachelor’s degrees and 8.6 percent for those who recently had earned advanced degrees.” Graduating from college, does not mean you are immediately going to have a job. The three young adults graduated with degrees in

When a student goes off to college, they begin to no longer rely on their parents as much as they once have. The majority of college students choose to live on campus. They start becoming more independent. They learn to make their own food, do their homework and clean up after themselves without being told, and they start providing for themselves for the most part. They discover they have to be responsible with their money because they now have tuition to pay; and books, tuition, and other miscellaneous items to buy. They also gain a better sense of responsibility by deciding their major and choosing their career

Most times, students end up living a life they didn’t want after high school. With no degree, students may find themselves working at a labor or hardworking job making little money. College students are usually better off in their life with an efficient job and a healthy family.