In his essay titled “Yes A College Education Is Worth the Costs,” published in USA Today, former president of Southern Virginia University and a law professor at Thomas Jefferson School of Law Rodney K. Smith, raises his concern about people willing to invest in material things rather than their future. By using the Bureau of Labor Statistics on the unemployed population to show that the unemployment rate is caused by the absences of graduates to satisfy the jobs in demand, he tries to convince the reader of the importance of education. As a 2010 report by the BLS indicates compared to 14.9% unemployed people without a high school diploma, only 1.9% graduates with a doctoral degree are unemployed. In addition, the average weekly income of a high school degree holder is 1106 less than a doctoral degree holder (qtd in Smith). …show more content…
It also brings joy into lives in a world that is increasingly stressful.” So he advises the reader to consider the money spent in education as “an investment and stewardship.” The census bureau confirms Smith point of view on education and publishes its report, “Education Impacts Work-Life Earnings Five Times More Than Other Demographic Factors,” on its website, Census.gov: “[m]any factors, such as race and Hispanic origin, gender, citizenship, English-speaking ability and geographic location do influence work-life earnings but none had as much impact as education. The estimated impact on annual earnings between a professional degree and an eighth grade education was about $72,000 a year, roughly five times the impact of gender, which was $13,000” (Census
Have you ever just stopped to think about what it must be like to be “qualified” for a job yet be unemployed and homeless? Starving on the streets because you paid everything you had to an institution that was supposed to guarantee a better life, a more stable and successful career. Obviously this is an extreme case, not everyone who pays for college ends up living on the streets and broke, but almost every college graduate is in debt. For as long as college has been around it has always meant a better life, it’s always been that people who went to college were more successful, smarter, and would make way more money than someone who didn’t go to college ever would. Lately, however, college has become so expensive that going to college will more than likely leave you in debt working for years upon years just to pay back what you owe and then start making money for yourself.
In his essay, “Yes a College Education is Worth the Cost,” writer Rodney Smith discusses how students of this generation don’t care about receiving a great education for the future. Throughout his essay he explains how a college education is worth the cost. He stated that people between the ages of 18-34 say they would much rather get a job and make money than spend money to go back to school to obtain a higher degree. Smith’s family grew up in Oklahoma and they viewed education as an investment. Smith was influenced by his father’s upbringing and attended college and law school just like his father. By establishing and building his case about how education is worth the cost, uses a great deal of evidence, his argument is well organized, and he gains the audience’s attention. Background of the author
Advocates of this form of higher education contend “a college degree is certainly no guarantee of financial success, but it is nearly a prerequisite for moving up the income ladder if you're poor” (Rampell 1). While college has the ability to aid in the advancement of a person’s financial standing, it proves to be a fruitless investment for some students. Even with the accreditation a diploma offers, millions of graduates struggle to earn a salary that ensures the benefits of their major investment. Academic philosopher Gary Jason insists “the rising price of college tends to erase the potential returns of a college education for students of only average ability” (Jason 1). The essence of Jason’s argument is that with a multitude of programs available as an appropriate substitute, college proves to be a waste of time and money for students pursuing careers that do not demand a diploma. The financial burden of college is growing, and in some cases, it cancels out the benefits. Believers in the college dream’s claim rests on the questionable assumption that all students will successfully obtain a diploma and follow a career path that will result in profits from the
Journalist David Leonhardt, in his article “Is College Worth It? Clearly New Data Say,” argues, through the use of statistical data, that from both a financial and economical perspective, that pursuing a higher education is beneficial. Leonhardt provides data from the Economic Policy Institute that states that, “Americans with four-year college degrees [made] 98% more an hour on average in 2013 than people without a degree.” Furthermore, on average, college graduates make “about $32.60” an hour while the average wage for those who did not pursue higher education is “about $16.50.” The disparity in wages should be a sufficient reason for pursuing a higher education. Yet, Leonhardt concedes that there is and will always be a percentage of graduates that will be unsuccessful in finding employment. According to Leonhardt, this unfortunate
In the essay “College Value Goes Deeper Than the Degree” author Eric Hoover claims a college education is important to one 's well-being so they can get a job and be productive in other parts of life. Promoters of higher education have long emphasized how beneficial college’s value and its purpose. Many believe the notion that colleges teach students are life skills to apply anywhere, they also work hard to earn a degree and learn specific marketable skills which they can use to get a good job. Though obtaining a college education and a degree is helpful in countless of ways, it is not necessary to pursue a college degree in world where a college degree is seen different now, people without turn out fine, the growing average of debt that students who attend college have to pay off and people without a degree can obtain many jobs that do not require college degrees.
Recent high school students are debating whether to or not attend college, should consider the benefits of attaining a college degree. For many low or middle income students, this a route to gain opportunities to improve their economic circumstances. An article, “Pathways to Prosperity,” states in 2008, workers with bachelor's degree make about 65 percent higher than high school graduates and workers with associate's degree make about 73 percent more than high school dropouts.. This is evidence obtaining a college degree can be an opportunity to have earnings higher and significantly increase one's income.
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
In “The Great Debate: Is College Still Worth It?” author Ricardo Azziz endorses post-secondary education by stating its economic advantage in today’s society. The author begins his article by introducing a survey done by the American Association of State Colleges and Universities, which shows that the majority of college graduates believe college education is worth its cost. Not only are people convinced of the value of a college education, adults with a degree of some sort (bachelor’s degree or associate degree) tend to earn more than those without one. But also, post-secondary education gives people a better chance at achieving the “American Dream” through diligence and hard work. Azziz states that “college graduates were 5.3 times more likely to leave the bottom quintile than non-college graduates”. In addition, in times of an economic downturn, individuals with a college degree are often able to better cope with the difficulty than those without. However, amidst the benefits of college, Azziz does not forget to address the reality that attending college is still, without a question, an expensive endeavor.
Over the past decade, it has become evident to the students of the United States that in order to attain a well paying job they must seek a higher education. The higher education, usually a college or university, is practically required in order to succeed. To be able to attend these schools and receive a degree in a specific field it means money, and often a lot of it. For students, the need for a degree is strong, but the cost of going to college may stand in the way of a successful future. Each year the expense of college rises, resulting in the need for students to take out loans. Many students expect to immediately get a job after graduation, however, in more recent years the chances for college graduates to get a well paying job
Getting a college degree increases one's chances of being employed with a stable job because of their diploma and the high college-level education they receive. First, college graduates have a lower unemployment rate than high school graduates. In “College Graduates Fare Well in Jobs Market, Even Through Recession” an article by Catherine Rampell, a Labor Department Report reported since the beginning of the recession, the number of employed college-educated workers has risen 9.1 percent. Those with a without a college education, only a high school diploma, is down 9 percent. The difference between the percent of unemployed college graduates versus the percent of employed is substantial, and it really shows the value of getting a college degree. A
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)
In the essay “Is College Worth It? Clearly, New Data Say”, David Leonhardt states “Not going to college will cost you about half a million dollars.” (104) Leonhardt includes this statement to show that there is a huge wage gap between those who have college degrees rather than those who do not. Many people are still not understanding that going to college and getting a degree will be beneficial in the long run. Others start to wonder if going to college is worth being in debt because of the trouble it is to find a job with certain degrees.
The topic of “Are Too Many People Going to College?” was presented by Charles Murray, the W.H. Brady Scholar at the American Enterprise. In today’s world college is a must due to many employers seeking educated individuals. Murray develops an interesting conversation by demonstrating that many high school graduates who are seeking to go to college do not need a degree depending on their career paths. Murray provides the analogy of a high school graduate who is looking to become an electrician but is not sure if college is the most logical decision. Murray acknowledges the fact that a B.A. does not necessarily led to a higher income than one with a degree. The logical argument of money is brought to attention and is stated “the income for the top people in a wide variety of occupations that do not require a college degree is higher than the average income for many occupations that require a B.A.” (Murray 247). Although this is his main point, he understand that it varies due to the occupation one is leaning towards. There has been individuals without a college degree that are making millions of dollars, but it varies. Murray claims that getting a B.A. is going to be the wrong economic decision for many high school graduates (Murray 246); however not everyone wants to be an electrician or any other hand held jobs that doesn’t necessarily need a degree, but if one wants to be a lawyer, doctor, or anything require a degree, college is the answer. Having a degree in a
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