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The Value Of Higher Education

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Though Leonhardt acknowledges that college can cost an arm and a leg, as it may produce a financial burden, respectfully argues that regardless of student debt, a person with a degree will still, over a lifetime, benefit financially more than someone without a higher education. Leonhardt goes on to argue that the lack of individuals pursuing a higher education is why the “pay gap” has continued to multiply. Leonhardt contends a straightforward solution for the “inevitable” trend of few individuals graduating from such institutions, as he goes onto say that “college is a no-brainer.” Leonhardt stresses that actual financial cost of a higher education is worthwhile as the value of a higher education is what places and defines us society as he goes on to say “it’s [a higher education] the most reliable ticket to the middle class and beyond.” It’s not to say that a higher education is the only set way to live a comfortable lifestyle, because there are people who are millionaires and even trillionaires with no actual degree. A good example would be Steve Jobs,who dropped out of college, yet still became co-founder, chairman, and chief executive officer of Apple Inc. and a majority shareholder of Pixar. What are the chances of being the next Steve Jobs? It’s possible,but not likely; which is why higher education is fundamental to a higher paying job. Leonhardt continues by insisting that the ones that aren’t stressing higher education “are those with the luxury of knowing their

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