Does how many years you go to college really matter? Is a four-year college degree really worth the time and money it takes to get it? Recently people are questioning the worth of a college degree in this era. A four-year college degree can give valuable experience, and an enhanced education. A four-year college education can help people get higher salaries, better chances of being employed and more security. People who have a college degree make more money, in yearly earnings and salaries. IN the article actually college is very much worth it,Andrew J. Rotherham reports that “The median weekly earnings for someone with some college but no degree were $712, compared to $1038 for a college graduate.”(87) An average of $324 more a week and an average of almost $17,000 over a year. Getting a college degree can make a huge difference in potential income. That’s compared to people who have gone to college but didn’t get a college degree, the median salary for people who just have a high school degree is even less. Salaries won’t matter that much if someone doesn't have a job. The unemployment rate is much higher for people who don’t have a college degree than those who do. Rotherham states, “in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a …show more content…
Going to a four-year college can give a higher salary, more security, valuable life experience, and more choices for a successful life. Going to a four-year college can provide a more direct and secure route to a person's goals. The chances of making it big without a college degree are very small. Andrew J. Rotherham reported that “without a college degree, only 14 percent of Americans from the bottom fifth of parental income reach the top two-fifths. But if they complete college, 41 percent of this same group can then expect to make it to the top two-fifths.”
Leonhardt believes college is worth it because there is a greater benefit for a college graduate will have. “Americans with four-year college degrees made 98 percent more an hour on average in 2013 than people without a degree.” Leonhardt makes a good point that college is worth it because college graduates are financially stable than those without a degree. College graduates make a whole lot more of money than a high school graduate.
Thousands of people end up enrolling in college after they graduate from high school. Most of them want to further their education so they can make something out of themselves. It is a common idea among many, that college will end up increasing one’s average income. In the article, The College Payoff Illusion, by Edwin S. Rubenstein, he wrote that “In 1997, college graduates earned an average of $40,508 versus just $23,970 for non-college graduates”. The statistic shows that graduates are making more but does it have more to do with their college degree or their personality?
Onink, Troy. “Federal Reserve: Collage Education Worth $830,000 More Than High School Diploma.” Forbes. Forbes Magazine, 5 May 2014. Web. 28 Sept. 2016. The author of this article is supporting the idea that going to college still pays off. Reports show that on average an extra $830,000 is earned for those that choose to get a college degree over those with a high school diploma. Earning a college degree is still paying off, students will still come out ahead in the long run. We do hear of people that skip college and are extremely successful without a degree, but those chances are very slim. Studies show that low wages are associated with people that only obtain a high school education. The value of a college degree is worth way more than
The common idea of college comes in the form of the 4-year university. Going to a university, students are exposed to the “traditional” college experience, which is a unique experience that many people wish to have. The experience isn’t the only thing that draws people to this option, the more common reason that draws people to a 4-year university is the potential to make more money than a non-college graduate, and according to the National Center for Education Statistics, in 2014 the average income of a young adult who worked full-time with a bachelor 's degree made approximately $49,900 a year, which is 66 percent higher than young adults with only high school credentials, who only make approximately $30,000 a year. Attending post-secondary school also has been proven, according to the population reference bureau, to improve a person 's overall health, “ For example, remaining life expectancy at age 25… is about a decade shorter for people who do not have a high school degree compared with those who have completed college.” (Hummer). So, attending a postsecondary school not only improves your income, but it can affect you physically also. Even though 4-year university seems like a clear path to a bachelor’s degree and a large profit potential, the downside can easily outweigh the
Is college the best option? Today, many students are attending college and with college becoming more expensive, many question if college is the best option for students. A degree can increase a student’s chance of obtaining a job, on average making more money than the average person without a degree, and expanding a student's mind and knowledge. For other students college might not be the right choice because they don’t have time or the money. It may lead them into financial burden, so college will not be a smart investment in their eyes. College can be a smart choice or the wrong choice, but it depends on the student. A four and a two year college are not for everyone, but it is the best option for many students. Using experts from higher
Due to the fact that a majority of people want a good amount of income, they choose to go to college. Majority of people choose to go to college so that they are able to receive a better salary and afford more possessions. Going to college will help you receive a better wage and a better job compared to those that only graduate from high school. College graduates are estimated to earn far more money over the course of a lifetime than compared to high school graduates (“President’s Perspective: Why go to College?”). This means that people who go to college are estimated to earn more money in one life time than that of someone who only graduated from high school. It is not always certain that going to college will get you a better salary but many statistics show that going to college can help. One of these statistics is the starting salaries of college graduates compared to those of a high school graduate. The starting salaries of college graduates are better than that of people who only graduated from high school. Starting salaries of college graduates are also steadily increasing over time. The overall average starting salary for a U.S. class of 2013 college graduates stands at $45,327, an increase of 2.4 percent over the report...
Most people know that having a college degree could get you a higher paycheck. However, what people do not know is how much of a difference that degree could get you. Through a study of more than 6 million employees, it was found that people with a four-year degree make about $215,000 more than people without a degree. In addition, people with a graduate degree can make about $440,000 more over a period of twenty years, according to The Ladders (2013, September 7 p. 1). Three quarters of the highest paying industries, eighty percent professionals hold at least a four-year degree. (The Ladders 2013, September 3 p. 2).
With a college education, one of the benefits college graduates earn is more money. College graduates have a much higher earning potential than individuals with no college education. A college education could actually earn you a million dollars over your lifetime. In the article it states, “On average, college graduates earn 1.5 time that of adults with high-school diplomas” (Andreas Schleicher). This demonstrates that by earning a college degree, you will earn a lot more money than people who stop their education at high school. As a college graduate, you earn far more over your working lifetime than non-college graduates. The more education you get, the more likely it is for you to always have a job. There are numerous other benefits associated with graduating from college. The benefits of going to college her in the U.S. are valuable than other countries. As a college student, the effects of a college degree will likely affect you and future generations. In the article it states, “While a degree is still a good investment in other countries, nowhere are the benefits quite as good as in the U.S” (Andreas Schleicher). This demonstrates that here in the U.S., there are plenty of benefits of having a college degree. With a college degree, you will have a higher lifetime earnings, you will have
There is a graph that was published in the article “Value of a College Degree” and it does a phenomenal job showing the difference between having a high school degree compared to having some sort of college education. Although it shows that the average person who gets a bachelors in college tends to make about 500 dollars more than someone that only has a high school diploma, it also shows that the unemployment rate for people with a bachelors degree is about half that of someone with only a high school diploma
Firstly the most common reason why people go to college is to be able to get a decent job that pays good money right? According to “Actually, college is very much worth it” people with some college but no degree earns a median of $712 weekly while a college graduate
It would be pointless and harmful if people do what they could obtain more negative consequences, but the negative impacts of attending four-year colleges sometimes were made unclear as finishing college education has been a social norm. Four-year college degrees have been considered as most solid and efficient tickets to middle and high social class for individuals’ life and career, and many people also believe that people with college degrees could make much more money than people whose highest education level is high school. However, those are not usually true for the people addressed above. If individuals could always be better off by attending four-year colleges, they would not be in debt for the years that more than they thought; they would not having difficulties in find jobs because they have a low GPA and a lack of professional skills; they would not doing jobs that they believe they are overqualified and having a unsatisfied wage that could not support them for pursuing the dreams they dream even before they enroll four-year colleges. For them, four-year college education do not worth
Nowadays, many people seek higher education for a better advantage in finding a job and getting a better life. Even though many people think going to a four year university directly from high school is a good idea; they are wrong. Starting out at a two year college is more affordable. Also, it helps people explore careers and prepare people to do better in four years universities later down the road.
Sometimes you will hear other people 's conversation and they are filled with talk of the declining value of getting a college education. The earnings from a four year degree are greater today than ever and almost
People with a college degree tend to make more money than those who didn’t attend college. This is because most of the jobs that have a higher earning require a college degree. People that only get their school diploma don’t make as much money as someone with a college degree. A study done suggest that people who have a college degree are more likely to get hired because they have an education compared to those who don’t. According to the United States Bureau people who achieved the current degrees earned the following median salaries. People with a doctorate degree earn $100,000 or more. With a bachelor’s degree people earn $58,000 and people with an associates earn $42,000 or more(Lucier). A High School diploma is not worth as much as a college degree. A High school diploma means less today because of the shaping of the world. People who only have a high school diploma earn only about $33,000. These numbers also depend on the type of field that you are going into. For example, people that have a bachelor’s degree in engineering or management will earn a little bit more (Lynn). They will earn more because these fields are really important. In my opinion the United States has been transformed
First, college degree graduates have better opportunities in finding a high wage job. “Graduates enjoy increased opportunities for employment at higher rates of pay, providing them with the wherewithal to pay off debt, if they are wise stewards of that debt.” (Smith, 29) People with college degrees have higher chances of being successful in the future because employers would rather employ those who holds a college degree. However, although there are some people who did not attend college find jobs that can help satisfy and support their lives, they cannot compare the earnings of college graduates who holds a degree. My cousin, holding a Bachelor’s degree of Business Management, graduated 5 years ago from College. At first, College education can guarantee the success of her goals, but because of her persistence, she is now a successful businesswoman. She has now a full-time job that can support her family and has already built her own home. With this means, having a college degree helps a person not only achieve their own goals but also being independent. “Realistically, having a college degree will likely mean a com...