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... ... middle of paper ... ...gardless, the statistics do not lie, they prove that college is the one and only way to be the most successful employee possible.
." 2). Obtaining a college degree gives an advantage to graduates seeking a job. Although adults with a college degree have a higher salary than those who do not, student debt is hurting college graduates. ProCon says, "between 2003 and 2012 the number of 25-year-olds with student debt increased from 25% to 43%, and their average loan balance was $20,326 in 2012-a 91% increase since 2003" ("Is a College.
“Benefits of a College Degree” adds that in a lifetime, people with a bachelor 's degree earn $2.7 million. People with just a high school diploma earn about $1.3 million in their lifetime (1). Abel and Deitz claim that over the past four decades, people with a bachelor’s degree earned 56% more than high school graduates while people with an associate’s degree earned 21% more than high school graduates (1). This comes to show how getting a college education has benefited people for four decades. Mark Peters and Douglas Belkin propose that the cost of college for someone with a bachelor’s degree is on average 110,000 to 130,000 (1).
Self-discipline is a major element in becoming a successful graduate. Also, college graduates are healthier and live longer. Adults-young and old, male and female-who have a bachelor’s degree or higher have twice the annual median income than someone with only a high school degree ("Do college graduates," 2014). Mean Annual Earnings of Population Age 18 and Over, 2008: ("Do college graduates," 2014) The increasing income divide between graduates and non-graduates will probably worsen our country's already weak levels of social mobility. Research from Dynarsky-Bailey tells us that the percentage of low-income kids who complete college is 9 percent, while the percentage of high-income kids who do so is 54 percent.
Pros and Cons of Attending College Tyree Thomas Zane State College In 2013, 19.9 million students were enrolled in colleges and universities (college, 2014). Also in 2013, the unemployment rate for college graduates over 25 was 3.6 percent (college, 2014). Those are both great examples of a pro and a con of attending college. Although, attending college has many pros and cons. Most college graduates make more money, but student loan debt is crippling them.
Free higher education has several economic benefits for students and for the government. According to Thomas Mortenson from the American Council on Education, tuition has risen 230% at state universities and 164% at community colleges since 1980. Student loan debt has reached 1 trillion dollars. As stated by Scott Hines, the founder of the World Education University, “the return on investment just isn’t there.” Many students choose to drop out or skip college altogether because of the high costs. These issues will be resolved if the government funds colleges and more people will be able to graduate.
According the Bureau of labor statistics, show that 27 percent of jobs in the United States requires a college degree which is almost half of worker that has an associate degree or higher (U.S Census Bureau). The journalist Anthony Carnevale, Nicole Smith and Jeff Strohl reports on “PBS New Hour, Too many College grads? Or too few” In their study of “The Undereducated American” they stated if you increase the overall number of college graduates then the workforce with bachelor’s and graduate degrees will also increase. With both of those findings being increase less people will have to struggle to find a job in the field that they want to be in. On the other side of the spectrum, just having a high school diploma can get you job but to enlarge your salary you would have to move up in the company in a different way if you don’t have a college degree.
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