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.
Leonhardt believes it is a smart decision to go to college because it increases the amount of money a person will earn if they earn a college degree. However, Matthews is discouraging readers that college is not really a smart decision because of the loans they have to make up. He also argues that college graduates don’t make more money than a high school graduate. Getting a college degree is important for teenagers and adults in order to have a greater success, more money he or she will earn, and most importatntly, more knowledge he or she will
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
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...
College allows the student to choose their own path in life and not just take any job they can get. For instance, I have always wanted to teach and I like the added perk of having the summers off. Obtaining a degree will ensure that you earn your maximum earning potential. On average a person that has their Bachelor degree earns about $15,000 a year more than high school graduates, while associate degree holders make about $7,000 a year more (Graff, They say / I say: the moves that matter in academic writing, 2014, pp. 208-225). However, over time the gap significantly widens to almost $50,000 a year, in favor of the college degree holder. Some might would argue that not all degrees are equal with some paying significantly less. I agree that the type of degree one receives directly impacts their salary, but the benefits of obtaining a degree are still valuable. In an article written by Terry Caron, his researched showed that unemployment rates significantly decreased the more education an individual received (Caron, "College Graduates vs. Non - College Graduates: Unemployment Statistics.")As Freeman Hrabowski mentions, “College graduates are much more likely to be employed than those with only a high school diploma and earn substantially higher salaries” (Graff, They say / I say: the moves that matter in academic writing, 2014, pp. 259-263).
Vance, J.D. "The college trap: our higher-education system hurts the poor." National Review 27 Jan. 2014. Opposing Viewpoints in Context. Web. 12 Mar. 2014.
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
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).
If college degrees are no longer a guarantee of employment or quality employment, is it still worth the cost? College doesn’t guarantee that an individual will get a job after graduation due to the competition, making it harder for them to pay of their debts.
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.
During the great recession, employments requiring higher educations developed by 187,000, while occupations requiring some college of an associate’s degree fell by 1.75 million and employments requiring a high school education or less fell by 5.6 million. In numerous fields like designing, accounting, education, medicinal services, a four year college education is required for entry-level positions. It 's anything but difficult to see how a degree opens up an entire vista of chances that would just be out of reach generally. The potential opportunities open doors are considerably more noteworthy in number for those with graduate degrees. Gain a terminal degree in your field, and the sky 's the
"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
Emmons, Latham. "Free College Education Would Benefit Students, Society." Yahoo Contributor Network.n.d. Web. 10 Jan. 2014.
When coming into terms with what a college degree means is simply a certification. In basic terms, a degree is simply a piece of paper certifying you met a certain level of scholastic achievement, but what happens in the class room doesn’t always translate into the real world. College degrees don’t always guarantee a good salary or guarantee a job. There are many high paying degrees, but for every high paying degree, there are two low paying degrees. There are also degrees that have a limited market. Simply having a college degree doesn’t guarantee one will get the job, nor should it. Employees need to bring skills to the table, as well as the ability to continue learning, growing, and providing value for their employer(s). I am not saying people who choose low paying degrees aren’t successful, not even. Many people choose degrees based on what makes them content,...
...e education facilities and resources proportionally (Publishers Weekly para 1). When people pay for college and university education, they value it more. This would be unfair for the intelligent learners would cannot afford to pay for it at all.