What Is The Value Of A College Degree

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 article, “The Value of a College Degree”, Rose argues that there are clear benefits of receiving a college education by highlighting employment, earnings, and learning gains. First of all, he cites that throughout their careers, those with a baccalaureate degree are shown to earn $1 million more than those who only have a high school diploma. He also argues that these degrees can be used as signals, in order to get noticed when finding employment, and the higher education allows the person to perform better and thus, get promoted. Furthermore, Rose cites an counter argument made by Arum and Roksa (2011) that many college students do not have significant learning gains, and rebuts by stating that the skills acquired in college vary and

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.

Many young people think that obtaining a college degree is the best way—perhaps the only way—to get a good job anymore. So is it still possible to get a good job without one? According to Professor Blanche D. Blank, attaining a college degree doesn’t always guarantee success. In his published article “Degrees: Who Needs Them?”, he argues that American college is not teaching young adults the actual skills they need for the workforce, instead the education system is becoming a jumble of generalized credits that amount to a degree. College is becoming a mold for one to fit in the technological culture, rather than to release one to actively engage in the pursuit of knowledge. Blank begins building his credibility with personal experiences and

A college degree is a valuable asset that could ultimately lead to a productive life in society due to the received education, but people without a college degree do turn out more than adequate in regards to societal success. According to the Bureau of Labor Statistics, of the forecasted 30 fastest growing jobs between 2010 and 2020, five do not require a high school diploma, nine require a high school diploma, four require an associate 's degree, six require a bachelor 's degree, and six require graduate degrees to get the jobs (College). In an article called “College Education” by ProCon.org,

Recently there has been a lot of debate about the importance of college education. Students are asking if it’s worth the debt to attend a four year university or community college. Some are thinking what are the benefits of a degree is in the workforce. With college tuition increasing and state fundings lowering, low income students are struggling to attain a higher education. College institutions should have a role to provide students higher education and equal opportunity to students to increase social mobility yet intergenerational reproduction of privilege has produced inequality in education.

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

As it is heavily believed and statistically proved by Document A, Earnings and Unemployment Rates Based on Educational Attainments (2015), the higher the degree earned, the more money attained, similarly the higher the degree earned, the lower the unemployment rate. This proves the worth of college by giving numerical comparisons of those who invested in it verses those who didn’t. The median weekly earnings of $1,730 from someone with a professional degree put up against the $678 from someone who only graduated from high school shows a very obvious difference. This information greatly supports the decision of going to college by displaying the “in the long run” advantage of college through the amount of money you can make in the future with the degree you earn

It has been a heavily debated topic over whether college is worth it or not. In “College’s Value,” college professor Eric Hoover explains his studies of college degrees and concludes that attending college has greater benefits than we expect. Nowadays, when families think of college, they think about the amount of financial burden instead of what they will gain from attending. In this article, Hoover states, “Yet the perceived benefits of attending college go well beyond the dollars” (Hoover 1). He writes how diplomas help receive better and higher paying jobs. Hoover is persuasive by using statistics, interviews with undergraduates and graduates, and acknowledging the opposing views as well as refuting them.

Although college tuition is a lot nowadays, graduates are “far less likely to be unemployed than non-graduates.” (D) A college degree gives you a higher chance of getting a job to assist in securing the future of you and your family while also helping paying off your financial obligations. A college degree not only helps you obtain a job, but it also increase your income. “Construction workers,police officers… make significantly more with a degree…“(D)

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.

Researchers have found that a majority of workers with bachelor degrees or higher have higher salaries than those without. The downside of these statistics is that student debt has climbed to over 1.3 trillion dollars. Colleges have been working to aid students by cutting tuition costs and offering more scholarships, but the hopes of potential students look to be declining (Mitchell). From this journal, I learned that the value of a college degree is an opinion that varies among different social classes, social grounds, and political groups. When I read that less and fewer Americans are finding the value in a college degree, I decided that the next step in my research would be finding out the opinions of those who do see the value in a college degree.

In recent conversations of the increment of the student loan debt, a controversial issue has been whether a college degree is worth getting. On the one hand, some argue that earning a college degree is a major life achievement that some consider to be part of the American dream. From this perspective, we can see that a college degree opens up more opportunities and possibilities of employment with a higher pay and position. On the other hand, however, others argue that many people succeed without college degrees. According to the Bureau of Labor Statistics, of the 30 projected fastest growing jobs between 2010 and 2020, five do not require a high school diploma, nine require a high school diploma, four require an associate’s degree, six require a bachelor’s degree, and six require graduate degrees. In sum, the issue is whether a college or career path is worth the debt or not.

Are college degrees worth the great debt? Countless millennials in America have fallen to the media’s claims that a college degree no longer has value. Media sources reported that college degrees are no longer a requirement for some jobs. These claims have resulted in scientific experiments in search for a definite truth. The outcome was catastrophic for the media because it was quite the opposite of what they claimed. Traditional beliefs that college is a necessity for a successful career have still proven to be true, here’s why.

     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