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
In society today, a college education is often seen as a “the next step” in a young adult’s life. Whether they actually know what they would like to earn a degree in, they feel the need to continue their education as almost everyone around them is pursuing post-secondary education of some sort. It is often argued that a college education is not necessary to get ahead because of the manufacture based workforce that is up and coming in America, however, there are many benefits to having a post-secondary education such as a higher rate of pay and more job opportunities.
Despite of whether going to college is worth it or not, recent college graduates have become more successful in their lives. Some people may think that attending college is a waste of time and money, while others feel that college gives them valuable skills in the real world. College will help the person gain the necessary work skills for his or her future job career. Moreover, the job that a person gets after college can outweigh the money and time the person spent in college. College graduates will be more favorable to have a better job than those who does not have a college degree. As our generation is rapidly changing, the work- force is getting tougher which means having a higher education is important in today’s world. Having a college degree is an obvious part of the candidate and is expected by the many employers. Nonetheless, going to college can also give students the opportunity network and develop personal connections among other students who are also interested in the career field.
I will discuss what the value of a college education means to me. A higher education will give me many physical benefits such as economic stability, a better quality of life for my family, more career choices, better job security, set a good example for my children at the same time, a college education will also give me many intangible benefits such as boosting my self-confidence, helping me to learn specialized knowledge, thinking critically, bringing me in contact with different people, learning better communication skill and being part of a team. It is something that will serve me well throughout my career and life. So, what is the value of college education to me? After I sat down and took some time to carefully consider what a college
Some of the most incredible advancements the human race have made have been in the past century. We have sent men to the moon, improved communication systems, and made the largest technological advancements since the invention of the wheel. In 1946, the first official computer, named ENIAC, was made. It weighed 100,000 pounds, and all it was used for were various calculations. That was only 69 years ago, but now computers can be found everywhere in developed nations. In less than one decade, we have progressed from a 100,000 pound computer to handheld computers that weigh less a pound and can be used for numerous different tasks. It is crazy to think that the simple luxuries that our generation have become accustom to were not normal for our parents or grandparents. An increase in education is the reason we have been able to progress in such an accelerated way. The value of a college education lies in its ability to allow individuals to grow academically, by expanding their knowledge of various subjects, and socially, by being exposed to many different characters and beliefs. These skills ensure that they will have a better future because they will be advancing faster than those who chose other paths. A four year college education, although not for everyone, can push young adults in the right direction.
“… A college degree is the surest ticket to the middle class,” says President Barack Obama (10, “College Education”). However, many disagree. Only 44% of people say that college is worth it from a previous 75%. This is understandable because tuition is the highest it has ever been and is still rising; meanwhile, student debt has surpassed $1.2 trillion (4, “Is College Worth”). Is college really worth the money? It depends on many factors such as the student, major, college, and time taken to graduate. But for the average student, it is definitely worth it; in fact, a college degree has never been more valuable because it increases the chances of having better wages and benefits, more job opportunities, and marketable knowledge. Anthony Carnevale from Georgetown Center on Education and the Workforce says that ““the only thing worse than going to college is not going to college,” meaning students must decide between risking lower wages and higher chance of unemployment or paying for college (4).
Many people are confused on why to invest time and money of attending college. A reason for obtaining a higher education is that a college degree can possibly earn a much higher salary than the majority of the people who have a high school diploma. College can be expensive and time consuming for the most of the people that do not have enough money and spare time to go to college. Stephen Rose, a research professor at the Georgetown University, wrote an article on “The Value of a College Degree” to explain if a college degree can be valuable to people to have. Eleni Karageorge, an author on the United States Department of Labor, wrote an article “Is A College Degree Still Worth It?” to give some details on job occupations that compares with employees having a bachelor’s degree or a high school diploma on how much they annually make on their job. Finally, Paul E. Barton, a consultant and a writer for topics related on education, wrote an article “How Many College Graduates Does the U.S. Labor Force Really Need?” on giving details on how valuable to have a college degree in the near future are needed when certain occupations are on high demand with a requirement on having a least a bachelor’s degree. We need to know why going to college is so important for anyone who wants to have professional occupations.
When one chooses to go to college, they are investing in their future career. Once a young adult leaves high school they have a choice to either go to college or to go into the workforce. When deciding which path they will take, they must look at both the benefits and disadvantages. The advantage to going straight into the workforce is being able to immediately start their profession of choice and do not have to pay off expensive college loans. The disadvantage to going straight into the workforce is the fact that in today’s job market, there are not many high-paying jobs that do not require a degree. However, the benefit of going to college is that careers that require a college degree are often high-paying and come with worker’s benefits. College affords the student to develop and master academic and social skills. Companies and employers are not willing to invest time and money into prospects without those skills or a formal education. The disadvantage to going to college is brought upon because college tuition has doubled in the past ten years, which makes college unaffordable without being overwhelmed by student loans for the rest of one’s life (Graff 179). The differences between these two paths make the decision to go to college one of the most influential decisions of an individual’s entire life. Each of these paths have their advantages and disadvantages, but in the long run, going to college is more beneficial than going straight into the workforce.
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.
Students all over America are asking if college is worth it in the long run. Many people are bringing up the fact that “only half of the jobs landed by these new graduates even require a college degree” (Rampell 293). But according
With tuition costs skyrocketing and job opportunities declining for many graduates around the nation, it leaves many to question the supposed benefits of earning a college degree. In high school, students are geared towards the idea a college education will unlock various opportunities for those with a degree compared to those individuals without one. Although receiving a higher education may be extremely costly, it remains important to not underestimate its true value. There are a number of factors that make earning a college education crucial in today’s society. These include the knowledge you gain by earning a degree, and extensive opportunities made available after graduation. These two factors, along with the financial security and
For many families, the idea that higher education for themselves or their children will automatically improve their social or economic status is a common one. In many situations this can be the case, however it is not universal. Additionally, many factors come into play when analyzing how intergenerational mobility does or does not occur. Some of these factors include existing social class, field of study, undergraduate vs. advanced degrees, race or gender, selection of institution, and parental resources. The general hypothesis of this study is “Is a College Degree Still the Great Equalizer?”
College education will no longer be an issue for students, so I disagree with this statement, “The value of college education cannot be reduced to a simple economic number.” The topic on every college student’s mind is: college tuition. Since the cost of college is so far-fetched, students are leaving college with high amounts of debt. However, some students can’t even afford college.There are many ways that can reduce the simple cost of college education such as which college was attended, applying for scholarships or grants, and their FAFSA. Students who want to go to college should be able to attend college with a simple economic number.
Thomas J. Billiteri, author of “The Value of a College Education” (2009), focuses on higher education where he talks about the expanding demand of four-year college degrees in the United States. He explores the many educational paths students can choose apart from the normal and traditional four-year degree and the income that comes with each path. He views higher
Even though many people go straight into the work force after graduating from high school, the earning possibilities are limited with just a high school diploma. The US Bureau of Labor Statistics Data shows that in 2011, the median annual pay in the U S for people with a bachelor’s degree was $54.756. That’s 65 percent more than the median annual pay of $33,176 for people with only a high school diploma. With changes in economic climate, it is no surprise that people are worried about their financial security in today’s world. Education has become important in surviving in today’s tough economy because education can severely impact a person’s potential financial income earning. More people are turning to education
College is a major proponent in preparing students for post-education careers in the demanding, highly-skilled job market of today. Historically, college has not been as prominent a need for Americans as only 15% of high school students continued on to secondary education in the World War II era. However, times have changed and over the next decade, 63% of all jobs available in the United States economy will require a college education, says Georgetown University Center on