Is College Worth The Cost Is college worth all the time and money that you put into it? For many people these days it is one of the best choices one can make. According to Dan Greenstein and Jamie Merisotis, “Education remains the chief American institution that promotes economic and social mobility for poor and disadvantaged citizens. It 's not an evasion; it 's the direct answer to the question of what the nation needs to improve its talent pool and improve economic opportunity and social equality”. Imagine that a person with only their high school diploma and a person with a college degree are applying for the same job. The person with the high school diploma is offered the job at minimum wage but he doesn 't get the job. Now the person …show more content…
The higher degree a person has the more money they make. It seems like in order to get a job that pays higher than minimum wage now a days, one needs a college degree. On top of that, the higher of a degree one has, then the more money they get payed. Catherine Rampell says that, “According to Labor Department data, the unemployment rate for Americans ages 20 to 29 who have a bachelor 's degree was 5.8 percent in 2013. In that same age group, among people with no education beyond a high school diploma, it was 14 percent”. This alone shows that just having a college degree will make you more hireable. Just being a college graduate will provide one with increases in wages. According to Greenstein and Merisotis, “The increase in wages for the top 1% between 1980 and 2005, if divided among the bottom 99%, would provide each household about $7,000 in additional income. But the wage gains of college graduates over the same period, divided among high-school graduates, would provide each household with $28,000 of additional income”. When it come to starting off with more money at a job, that starting wage is greatly better than minimum wage for that of a high school graduate. According to Mark Peters and Douglas Belkin, “In Colorado, a study conducted by College Measures, a partnership of the American Institutes for Research and Matrix Knowledge, looked more specifically at grads ' first year in the workforce. Associate degrees in …show more content…
"Education Does Reduce Inequality." Wall Street Journal. 10 Apr. 2015: A.13. SIRS Issues Researcher. Web. 09 Nov. 2015. Rampell, Catherine. "College Is Still a Good Investment." Washington Post. 25 Apr. 2014: A.17. SIRS Issues Researcher. Web. 09 Nov. 2015. Sanders, Bernie. "Public College Should Be Free." Washington Post. 23 Oct. 2015: A.23. SIRS Issues Researcher. Web. 09 Nov. 2015. Peters, Mark, and Douglas Belkin. "Bachelor 's-Degree Payoff Can Seem Elusive." Wall Street Journal. 25 Jun. 2014: A.3. SIRS Issues Researcher. Web. 09 Nov.
College is thought of as what every parent wants for their child, so they can go off andmake something of themselves. For the most part, this is true. Those who attend college arebetter off than those who do not, on average, earning far more than their undereducatedcounterparts. College is a worthwhile investment and should be pursued by all who have thechance because it helps students further their knowledge, it is a place to find who you are, and itgives them a different perspective of the world.College is worth the cost because if college was available for everybody and collegedegrees were handed out as commonly and at the same rate as high school diplomas then collegewould not be that special. Therefore, college would just be an extension of high school. Ifanyone could get their hands on a degree, how would you be able to get the job you want? It isbetter for college to cost money because if a student really wants to attend college and furthertheir education, they should have already been willing to pay or to find a way to pay for collegeto get the upper hand on the general
Unemployment is on the rise and, always trying to be avoided. By obtaining a degree, the chance of being out of work is reduced. Baum, Ma, & Payea (2013) claim, “The 2012 unemployment rates for 25- to 34-year-olds were 9.6% for those with some college but no degree and 7.2% for those with associate degrees” (p.20). With just an associate's degree, the chance of being unemployed plummets 2.4% compared to those compared to little college, proving when the higher of a degree is obtained, the lower
Is college worth it? Is college worth the time and energy you invest? This is a question that many students ask themselves as the cost of college rises and jobs are harder to find. As a 27 year, old college student myself I really thought about this question. I had to think back when I first started college at the age of 18 and how I was excited about starting college. I easily got tired of all the work that it took to get the degree so I dropped out. After having my first child and trying to work and take of her and myself with only making minimal wages, barely get by that when I knew college is worth it. A college education is one of the most reliable paths to financial success for students and gives the opportunity
"Why Going To College Is A Valuable Investment (In 1 Chart)." Huffington Post. (2013 ): n. page. Web. 12 Dec. 2013. .
Since I grew up in a household with two parents who are college graduates, and even two grandparents who had graduated from college, the idea of attending college was never seen as a unique opportunity, but rather as a necessary part of my future. I’m not going to complain about growing up with parents who valued the pursuit of knowledge, but it certainly never exposed me to the mindset that maybe college is not the best option for everyone after high school. Today, there is a huge debate over if the price of college is really worth it in the end, with the high cost of tuition and the number of people who just aren’t prepared for the demands that college has to offer. And on the other side, some say that college is a necessity not just in one’s
Burns, Scott. "Is College worth the Money?" MSN Money. N.p., 2005. Web. 25 Nov. 2013.
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).
Not everyone has to have a diploma to prosper. And you would be right; Steve Jobs, Mark Zuckerberg, and Stacey Ferreira are just a few of the many successful people without a college degree. Consider this, the top 1 percent of wage earners in the U.S. earn almost $500,000 per year. The odds of anyone making it to the top are low, even with a college degree, but the odds are better than those with no college education. Of those with college degrees, roughly eight in 1,000 make it into the upper field of income earners. For those without a college degree, the odds drop as low as three out of 1,000. While that may seem unrealistic, on average people with a bachelor’s degree or higher earn about $20,000 more a year than those without a
In the article written by Rodney K.Smith where he puts forward a clear argument about “Yes, a College Education is Worth the Cost. There are more opportunities and doors open for those with higher education compared to those without. Higher education allows people to live in better neighborhoods; it brings financial security and stability. ”. Financially secured people not only are able to afford extracurricular activities for their kids, such as sports, music lessons, art, dancing etc, it also allows to have intellectual knowledge in general as well as better nutrition and medical care compared to uneducated people. A college education is worth the cost and investment of the students’ time.
As the cost of college tuition continues to rise each year, many individuals are questioning if a college education is worth the time and effort needed to obtain a college degree. In today’s society, however, a high school education or diploma is not enough to insure a chance at having a good future. For many students, the decision on whether or not he/she should pursue a higher education is a major conflict for many young adults who are graduating high school. Therefore, while some students wonder if going to college is worth the price tag, in the end, the benefits associated with earning a college degree are proven to uphold numerous opportunities for individuals in the future.
What is the social value of college? The answer to this question is quite different when it is asked to multiple people. Some people believe that the social values that are learned in college can be learned outside of college, and others believe that college provides students with an environment to learn and practices social values in a controlled environment. One person that believes that people can learn social values outside of college is Dale Stephens. When it comes to people, who believe that college gives students a controlled environment to learn and practices social values are Michael S. Roth and Zac Bissonnette. In my opinion Stephens, Roth, and Bissonnette all have important points on the social value of college.
McArdle, Megan. "Is College A Lousy Investment?". The Daily Beast, 2012. Web. 16 November 2013.
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
Contrary to popular belief, a college education can help with any job, regardless of whether the job is within a certain major or not. In fact, a college graduate even benefits if they take up a job as a plumber or a police officer- not only from their academic education, but also from learning important skills such as persistence and discipline (Leonhardt). Having a college experience and exposure to the world creates well- rounded people with higher skills and work ethics- and therefore better workers. Though they aren’t immune to being turned down, college graduates are more likely to actually get jobs, and be paid more for them, as shown in a study d...
Although a college education grows more and more expensive every year. People begin to question whether college is a good idea to invest in or not. “As college costs continue to rise, students and their families are looking more carefully at what they are getting for their money. Increasingly, they are finding that the college experience falls short of their expectations”(Cooper. H Mary). Many people believe that the cost of a college degree has outstripped the value of a degree.Studies show that a college degree will increase your earning power. A lot of people say that a college degree now is worth what a high school diploma was wor...