Is College Worth The Cost

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How much does college actually cost…Is it worth it? The shocking amount of dollars of debt that college students are facing, can lead an individual to question “Is college worth the cost?” The answer is yes. The benefits a student can recieve in the long term make the costly decision to attend college, worth it. For instance, while attending college students have a higher chance of securing a high-paying job, increasing their quality of life, gain high-skill to work in jobs, and benefits in the future. Students who attend a four-year college plan; earn a degree, have a higher chance of attaining high-paying jobs and live a higher quality life, rather than students who do not attend college. For example, according to Catherine Rampell, the …show more content…

Attending college can benefit an individual by providing high wages, due to the hard work faced while securing a degree. In addition, according to, “Is College Worth It?” by David Leonhardt, earning a degree can increase a student’s quality of life. Those who earn college degrees are 72% more likely to have a retirement plan. As reported by Philip Trostle, people who work to earn a bachelor’s degree are 3.5 times less likely to live in poverty, with their earnings being around $32,000 of 134% higher than students who do not attend college. Philip Trostle tries to take a larger perspective at the implications attending college can carry for society, individuals and communities. He states, “The total value of a college education is considerably greater than just the higher earnings...there are also substantial benefits that arise to the rest of society.” He also states, “not only are college graduates usually more involved in their communities and more giving and …show more content…

In the article titled “College Graduates Fare Well in Jobs Market, Even Through Recession” Rampell states, due to a higher skill, as the economy improves, college graduates will be better situated to find promotions to jobs that use their advanced skills and pay better wages.” For example, there are more employed college graduates today than unemployed high school graduates and high school dropouts put together. Nearly all of the graduates are finding work, and income of some kind; resulting in the high-skill that is acquired while attending college. Students who graduate with that high-skill can work in jobs that require their skill. As the economy grows and changes, more education will be necessary to attain higher paying jobs. According to Rampell, “Given the changing norms for what degree of educational training is expected of working Americans, employers might assume those who do not have a four-year degree are less ambitious or less capable, regardless of their actual ability.” Meaning that those who attend college have more skill and those who do not attend college, are labeled to have low-skill; regardless of their capability. Also according to Rampell, “in 2012, the typical full-time worker with a bachelor’s degree earned 79% more than a similar full-time worker with a high school diploma.” This statistic proves

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