The Value Of A College Education

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As the global economy becomes increasingly diversified, the value of a college education is continuously rising. Although the cost of a college education is certainly on the rise as well, according to the Pew Research Center, 86% of college graduates felt that college was a good investment for them. Not only is a college education worth the money, it is almost a necessity for a stable career in 2017 and beyond. A college education provides the necessary toolkit for success in a competitive and changing job market, provides for a higher standard of living, and expands individuals’ knowledge--even outside of monetary gain. Today, a college education is almost a necessity in order to earn enough money to support an individual, let alone a family. According to the U.S. Bureau of Labor Statistics, people with bachelor’s degrees earned nearly twice as much as those with only a high school diploma (A). The fast-paced expansion of careers in the STEM field are creating new jobs that didn’t even exist just ten years ago. Median lifetime earnings of individuals who majored in STEM are among the highest, ranking at approximately 2.25 million for Chemical Engineering majors and 1.75 million for Computer Science majors (B). The necessity for a college education in an evolving job market is becoming ever more apparent, as many low-skill, manual labor-based jobs are being replaced by technological advances.
While there certainly are some fast-growing careers that don’t require a
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