People with a college degree and a full time job get paid more than their peers who just have a high school diploma by about $17,500 annually. The choice of a college graduate’s major also affects their income in the future. Typically the ones who pursue a more difficult and challenging job will receive a better salary than someone who gets like a less challenging degree. For example, Obama said that one with an art history major might make less money than someone with who majored in mechanical
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?
College is a wonderful experience that only a few get to expose to. Any four year university offers a great opportunity for anyone; either for the diverse rich culture college campuses offer, or the hundreds of organizations and the thousands of connections that can offer one person. In the real world today a college degree is almost “required” for any career or a good stable job. Few necessities in America are cheap or free. For example: water, health insurance, and welfare are just to name a few. Public education is on this list of free necessities in America. Coming from a person who went through the public education system for 14 years, I loved my experience and did not take it for granted. My school district wasn’t the best, but it sure wasn’t the worst. I enjoyed my time in public education and I made lifelong friends that I will never forget. My experience on the collegiate level so far has been amazing as I am on the path of accomplishing my goal to my dream career. Unfortunately, not everyone can say the same statement. A lot of people
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
Is it necessary to have a college degree before having the opportunity to experience the dream career of your choice? Depending on what background you came from, there are different reasons why we go to college. Most of us go due to career change/job position, increase our intellect/knowledge, not to be stigmatized, playing as a role model either to our children or even someone that we care of. In his essay, “A College Education: What Is Its Purpose?” Andrew DelBanco mentioned the three reasons college still matters which are: Economic (A college degree has replaced the high school diploma as “the minimum requirement into the skilled labor market.”), Opportunity (Our democratic form of government requires an educated
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).
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
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.
A college degree is one of the best educations that a person can get. It not only develops your mind, but it helps to develop you as a person as well. No matter what kind of degree you receive, whether it be a bachelors, associates, or masters you are more likely to get a better job than without it or with just a high school diploma. Workers with a college degree will earn much more and are much less likely to be unemployed than those with only a high school diploma. This paper will argue that with a college degree you are more likely to get a higher paying job than without a degree. I will support this argument with multiple scholarly articles and other valid sources to further convince you.
In today 's society, many young adults pay thousands of dollars to go to college to be able to get a good job in the future. However, as society continues to move forward many young adults are leaving their campuses with expensive degrees, while also still struggling to get a job. One of the things contributing to the growing risk of going to college is how increasingly expensive it is to go to school. Things like student loan debt are a major contributor to that expense. Casey Bond stated how “The growth of student loan debt is being compared to the recent housing crisis because of the significant growth of subsidized lending,” The primary goal of college used to about gaining new knowledge and becoming a better member of society. However,
As I was growing up all I knew was school and work. According to US News, “Those with bachelor 's degrees, no matter the field, earn vastly more than counterparts with some college ($1.55
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...
College gives its graduates the greatest ability to achieve a higher paying job. Furthermore, adults who attend college earn higher wages over those who do not. As emphasized in “College Grads Find Big Degree of Debt, Difficulty; American Families Start to Wonder Whether Education Cost Is Worth It” by Patrice Hill, a staff writer for The Washington Times, employees who have a bachelors degree earn an average of 84% more than people with only a high school degree. In accordance with these numbers, the results of a study conducted by the Treasury and Education Departments in 2011 show that college graduates with full time jobs earned 64% more per week than high school graduates. A similar study conducted in 2013 showed that a full-time worker with a bachelors degree earns 79% more than one without a college degree (Hill). There are numerous studies that verify that people who attend college earn higher wages. Furthermore, college graduates earn more desirable jobs. As Justin Draeger, CEO of the National Association of Student Financial Aid Administrators, states in his article “College Is Still Worth the Expense”, the U.S. government classifies jobs in zones one through six. Lower work zones pay the least and are full of non-college graduates. The highest zones pay the most and are filled with college graduates. According to the US government, the median pay for job zone thre...
College. It is the seven-letter word that almost every child will hear thousands of times while they are growing up. They constantly are bombarded by the idea that they must go to college if they want to be successful. However, what if this is a false statement. What if college isn’t as great as everyone makes it out to seem. Well, these days some people believe that young people are better off, not going to college. Over the years the economy around the world has changed. It has prospered, and it has fallen. As the economy went downhill the government began cutting funds in areas that they felt were necessary to exterminate. One of the largest areas of funding that was cut was education. Colleges began receiving less money from the government, resulting in a rapid increase of college tuition fees. Due to this, a lot of people believe that college tuition is too expensive for what you get, and not worth the money. However, most people believe that college is necessary in order to further their education, and in order for them to earn their degree. They think that this degree has the ability to help college graduates get a job and work up to a career that only someone with a college level degree is able to achieve. The truth lies in the facts, and statistics. College is the seven-letter word that all people should be thinking about. A college education is a valuable investment that everyone should strive to achieve, and is completely worth the expensive cost.
First, going to college makes someone more hirable. A little more than fifty percent of the United States population makes up the middle class. Many future employees think that out of high school, they can acquire a middle class job, “[y]et look at the qualifications for just about any middle-class job: They start with a bachelor’s degree” (Skinner 1). Having a college degree will only help in the very competitive job market today. Not only does a college degree show experience, but it also shows resilience. In addition, a job that requires a college degree will earn more money in the future. A college degree can be extremely valuable when it comes to salary. According to John Cassidy’s article, when it comes to salary, “There’s no doubt that college graduates earn more money, on average, than people who don’t have a degree” (Cassidy 2). Its no conspiracy that one with a college degree earns more compared to someone that doesn 't have one. This can be backed up with facts: “in 2005, the average earnings of college graduates had risen to more than seventy thousand dollars, while high-school graduates had seen their earnings fall slightly from forty-five thousand dollars” (Cassidy 2). Finally, a college degree not only benefits the individul but the economy and surrounding environment as well. The main goal is to leave college with skills that can transfer into the real