As many young adults begin their college lives for the first time, many college students graduate and are thrown out into the real world. These eager freshmen ready to take on the obstacles that college throws at them head on, while graduates are slowly drowning in their self-made stress and debt. When it comes down to how education will play a role in most of the student’s lives, these freshmen attending college have another thing coming. In Jaison Abel’s article, he writes about the recent graduates increasingly working in low-wage jobs or working part-time. The problem here is that wasting money to go to a college that will not guarantee you a career does not seem like the best idea. In fact, recent graduates are working with people that have never even attended college, which shows just how many jobs today require little or no school education. As far as debt goes, Rachel Dwyer states it all. Rachel Dwyer’s “Debt and Graduation from American Universities” describes how college students are facing high levels of debt as they attempt to acquire their money and ameliorate their career options. This shows how college students become overwhelmed with the thought of having to pay back all of the money accumulated over the year, so instead, the student’s new plan involves dropping out. In Nicole Stephen’s “Unseen Disadvantage: How American Universities’ Focus On Independence Undermines The Academic Performance Of First-Generation College Students”, it is written that students do not obtain the skill set needed to perform well in the work field. Higher education is currently a poor investment because of the increased levels of debt it gives students. Higher education also does not guarantee that a person will find a job and be able to...
... middle of paper ...
...cause of the increased levels of debt it gives students, unfortunately. Higher education also does not guarantee that a person will find a job and be able to pay off their school loans, and it does not provide students with the essentials needed in the labor force.
The issue of high education being a poor investment is important because it shows how education can be a waste of time in most people’s lives. With these scholars working minimum wage, and wages staying the same, it is more difficult attempting to make a living out of just that. It would not make sense for someone to waste most if not all of their money on a higher education when it cannot provide a scholar with the essentials needed for the working field. Until educators realize how they should go about their teaching tactics, investing into higher education should be the last matter on people’s minds.
Bruni begins by describing the golden promise of college as it appeared for baby boomers. In that time getting into college and completing a degree was enough to be successful. He acknowledges that this idealized vision of college may be inaccurate, however, he asserts that the issue is far more “complicated” than it once was. Bruni makes use of a recent (2012) debate over student loan interest rates in the U.S. to explore the issues surrounding college education today. While rising student debt is certainly part of the problem he suggests that the issue extends beyond that. College is now a “luxury item with newly uncertain returns” (Bruni). While rising costs make college a luxury item that not everyone will be able to afford, even those who can and do manage to go to college are not guaranteed success.
One statistic that Owen and Sawhill presented was “Hamilton Project research shows that 23- to 25-year-olds with bachelor’s degrees make $12,000 more than high school graduates but by age 50, the gap has grown to $46,500 (Figure 1). When we look at lifetime earnings—the sum of earnings over a career—the total premium is $570,000 for a bachelor’s degree and $170,000 for an associate’s degree. (Owen, Sawhill pg 641). Owen and Sawhill also mention that “with tuitions rising faster than family incomes, the typical college student is now more dependent than in the past on loans, creating serious risks for the individual student and perhaps for the system as a whole, should widespread defaults occur in the future. Federal student loans now total close to $1 trillion, larger than credit card debt or auto loans and second only to mortgage debt on household balance sheets” (Owen, Sawhill pg 642). Basically, what the authors are saying is college is expensive, but for some career paths, the training and education received in college is necessary to have that job and the benefits outweigh the costs. With a high paying career where a college education is necessary, paying off student loans is no problem. On the other hand, people who go after low paying careers that don’t necessarily need a college degrees,
Elementary school, middle school, high school, college―that’s how we’re told our education careers should go. After college you go on and get a job based on the degree you received. Seems simple right? According to Erik Lowe in his Seattle Times article “Keep Washington’s College Tuition Affordable,” he informs that people in his generation are the first to be less educated than their parents, in the United States. He explains that this is due to the high cost of tuition followed by a huge amount of student loan debt. Lowe believes that there needs to be a significant change in the country’s higher education systems (in reference to the tuition costs) or the decline of college attendance will continue. There needs to be a decrease of college tuition because as it currently is, many people are unable to go to college due to the cost and if they do, they are loaded with debt and faced with the daunting task of finding a job.
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
The second chapter of this book advocates students to attend college, even if they must take on a moderate amount of student loan debt. They give statistics showing the tremendous gap in wages between a college graduate and a non-college graduate. The third chapter of this book argues the opposite viewpoint of the second chapter. The author states that the cost of college today is too high and that there are too many college graduates flooding the job market causing many of them to go unemployed or seek low level jobs that do not pay enough to pay off their student loans. Both of these chapters will help me to show the two main ...
Everyone knows that going to college and getting a degree is the most effective and guaranteed route to ensure a prosperous financial future, right? College is considered by most to be the best investment you can make in life, but what happens when that investment leaves you drowning in thousands of dollars in debt right after graduation day. This is the situation that millions of college graduates are faced with in 2016. Rising college tuition perpetuates student debt and is on a sharp incline and it seems to have no ambition of ever slowing down. The effect of this catastrophe is felt by millions of families across the country who now question, “is college really worth it?”
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...
There has been some debate as to whether or not college education is worth it. Some people argue that college education is worth and some people do not think college is worth it. College can be expensive, so that why some people have to use student loans to pay for school. When they graduate after college, majority of them will be in debt, because of the student loans. Most jobs do not required you to have a college degree, but you will have to have a least a high school diploma. People who choose to go to college and get their degree will have better opportunities in life. College graduates, also will get paid more than a high school graduates. There are some pros and cons about whether or not college is worth it.
In Caroline Bird’s “College is A Waste of Time and Money”, it’s argued that there are many college students who would be better off if they were to begin working after high school graduation. Colleges and universities can no longer ensure that one will go on to get a better job, getting paid more than they would have without a higher education. However, high school seniors still stress about where they will be attending college, how they’re going to pay for it and what they’re going to study for the next four years. Bird points out how college has changed over the past few decades and how, in turn, it has set many young adults up for disappointment, if nothing else.
A diverse array of arguments concerning the costly price of college and its equivalence to the ultimate result of attending persists along a vastly debatable spectrum of economic and social influences. Those seeking a better standard of living by the means of higher education often find themselves in conditions that are more adverse than their lifestyle prior to attending college. Efforts to dwindle the expenditure of college education have the potential to produce a heightened reality of the world, with intellectual knowledge as a pivotal key. The expensive cost and limitability of a college education has potential to invoke incentive to work harder in one’s studies; however, the cost can crush individuals enrolled, obtaining a college degree does not ensure employment, and an excessive number of individuals are hesitant to attend college in the first place due to the prevalent debt tied to its completion.
In fact, furthering one’s education has a positive influence on society as our country saves money by spending less and increasing tax income. Furthermore, people who have at least a two-year degree tend to make higher wages and have a better job in our struggling economy. For example,
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.
In today’s society, the idea of receiving a college education has been pondered quite a bit as to whether or not it is actually worth it. According to Michelle Adam, many people “…today believe that getting a good education is key to success in our society, this revealed surprising issues that challenge the notion of higher education being worth its price tag” (59). Naturally, many high school graduates apply for college right before or after graduation. Others decide to go into the work force, armed forces, or simply remain unemployed. The question that many people debate about is, is a college education worth it in the long run? Though some people believe a college education will benefit ones’ career, others believe it will cause a mass of debt and loans for college students and graduates, and postpone life events.
...tion was only for the rich and powerful. Now it is available to everyone, this will have many advantages for our country, our people, and even our world. I definitely believe that it is impossible to be overeducated. The more people are educated, the better the world will be, because people will be able to discuss and exchange ideas. Another pro is that people with degrees have many more opportunities. They can take a wider variety of jobs and do what they enjoy doing, instead of being forced to take a job they dislike. Finally, although there are undoubtedly some problems with college as a business, I feel strongly that each and every individual can excel and gain from having a college education. A college education is the most valuable tool we can use; it’s a foundation that will carry anyone through a successful life. Remember Senator Kerry’s words on making a college investment your most important investment. We may only be 20 percent of the population today, but what we do and the choices we make are going to determine the future. And to me, a college education is a sound investment. An investment that with great dedication and determination will reap the very best rewards!
Would it not be great to live a long and healthy life with a wonderful and powerful job that contributes to an impressively efficient economy as a knowledgeable individual? A key question being asked in this essay is whether receiving a higher education is worth paying the increasingly steep tuition costs. An excerpt from The Benefits of Higher Education says, “Both on personal and national levels, education has been shown to increase economic growth and stability” (¶ 3). Earning any sort of degree will give a person more job opportunities, as well as the intellect and knowledge that many people in this world might never have. I believe that receiving an education from a higher education institution is important because it provides a person