The Importance of Higher Education

1158 Words3 Pages
bulb-icon

Recommended: What is the purpose of a college education today

The world has advanced considerably through out the decades and the need for higher education has been on the rise. Education is treasured in all parts of the world especially in the United States. However, higher education costs have been rising dramatically throughout the years leaving people in the United States to wonder if higher education is really worth the cost or not. According to the IES National Center for Education Statistics the average cost of tuition in current dollars at all universities in the 1990-91 school year was $6,562, it nearly tripled to an average cost of $17,143 by the 2008-09 school year. [1] These statistics leave many questions in people’s minds and the biggest question is, if getting a diploma is actually worth the monetary struggle. When looking at the statistics it is very easy to answer “no” to this question especially since according to the IES, the average income of male bachelor’s degree recipients in 1995 was $49,300 while in 2009 it had only increased to $51,000. As for women, the average income was $39,400 in 1995 and only increased to $40,100 by 2009. [1] As the statistics demonstrate there hasn’t been much of an increase in the average paycheck, but there has definitely been a significant increase in the cost of higher education.
Jobs that only require a high school degree are rapidly disappearing, however the good news is that more college degree jobs are emerging and will continue to grow steadily throughout the years to come. The Georgetown study predicted that by 2018, 22 million new jobs would be created that require college degrees, but at least 3 million fewer people would earn college diplomas or bachelor degrees. [2] Students that achieve their degree will have more opportunitie...

... middle of paper ...

...entury that we are living in it is very important to be well educated not only to get a good job, but also because society now expects the younger generation to be educated. In the long run everyone will benefit from these intuitions and it will make the world a better place.

Works Cited

[1] Bumpus, Stacy. Is College Worth It Anymore? Why Higher Education Might Be the Newest Bubble. 7 September 2011. Stacy Bumpus. 4 December 2013 .
[3] Donius, Bill. Is Higer Education Worth the Cost? 4 June 2012. Bill Donius. 4 December 2013 .
[2] Ghose, Tia. Is College Worth the Money? 31 May 2013. Tia Ghose. 4 December 2013 .

Show More
Related

  • Summary: The Imperiled Promise Of College By Frank Bruni

    690 Words  | 2 Pages

    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.

    Read More

  • Article Review: The Benefits Of Attending Community College

    1225 Words  | 3 Pages

    “Why College is Still Worth It Even Though It Cost Too Much.” Money.com (2015): N.PAG. MasterFILE Complete. Web. 11 Oct. 2016 The author of this paper address that a lot of college students feel like the time, money, and effort is not worth it; However, studies show that it does pay off by receiving higher pay, better work hours, and better benefits, such as insurance plans. A poll was done using college alumni to see if they thought that college paid off, and of the 30,000 that were in the poll a majority of them agreed that it did. Also, the writer includes several other polls conducted to show the life-long impacts of a college education, which includes better career and friendship

    Read More

  • Are Colleges Worth the Price of Admission?

    4200 Words  | 9 Pages

    Community colleges and vocational tracks are not wrong about the high cost of traditional higher education. According to the U.S. Department of Education’s National Center for Education Statistics, one year at a public, four-year institution costs upwards of $23,000 on average, while private institutions will cost nearly $10,000 more on average. Coupled with the fact that prices at public institutions rose 42 percent and private institutions rose 31 percent between 2001 and 2011, it’s not a shock that parents and students alike worry about paying for college. However, this won’t always be the case, as this rise in prices simply cannot continue the way it has. Eventually, people will be unable to pay the price that colleges charge. They will either settle for com...

    Read More

  • Why Is College Worth It?

    724 Words  | 2 Pages

    The argument about if college is worth it or not has been one of the biggest arguments throughout the media for decades. Students suffer a lot from the debts that they get from college and also the amount of studying that they do in college and when they graduate they ask themselves “is graduation from college really worth all the money that we paid and all the work that we have done?”

    Read More

  • Higher Education: Necessity or Luxury?

    1017 Words  | 3 Pages

    The question of the century is whether higher education is worth the price, and everyone feels like they have the winning argument. The article I have chosen to write about that pertains to this subject is by Charles Murray and it’s called “Are Too Many People Going to College?” I chose this article because I feel that the author brings up valid points that resonate with me and my beliefs towards going to college. Charles Murray attacks the specific issue of whether there are too many people going to college. Murray using different viewpoints shows how he believes that too many people are going to college, and I agree with his reasoning.

    Read More

  • Rising College Tuition

    736 Words  | 2 Pages

    According to the Bureau of Labor Statistics, college tuition and relevant fees have increased by 893 percent (“College costs and the CPI”). 893 percent is a very daunting percentage considering that it has surpassed the rise in the costs of Medicare, food, and housing. As America is trying to pull out of a recession, many students are looking for higher education so they can attain a gratified job. However, their vision is being stained by the dreadful rise in college costs. College tuition is rising beyond inflation. Such an immense rise in tuition has many serious implications for students; for example, fewer students are attending private colleges, fewer students are staying enrolled in college, and fewer students are working in the fields in which they majored in.

    Read More

  • Education In Alfred Lubrano's The Cost Of Education

    1778 Words  | 4 Pages

    College corrupts people, changes people and segregates families. Many people know the risk of pursuing a college education and still decide to move forward with their decision. We must ask ourselves if the cost is worth it.

    Read More

  • What is the Purpose of College?

    1352 Words  | 3 Pages

    8 Jan. 1998. 24 Jan. 2010 http://www.ams.org/government/ riley198.html> Williams, Mara Rose. “What’s A Degree Really Worth?” NorthJersery.com. 24 Jan. 2010.

    Read More

  • Analysis Of Why I Went To College

    1862 Words  | 4 Pages

    When it comes to the topic of college, Martin Espada, the author of "Why I Went to College," argues that college is a must and that if you do not attend college there will be consequences. In comparison, David Leonhardt, author of "Is College Worth it? Clearly New Data Say," also argues that college is very important to get a higher paying job than those who do not attend college. In contrast, Leonhardt also argues that college may not be the best idea considering the substantial amount of debt provided with college. My own view is more with David Leonhardt because I understand both sides of attending or not attending college with the positives and the negatives of the dilemma. This discussion is important in our society today because we constantly push the idea of college on to kids that may not even be ready for college or the fact that the debt may not be worth it; also the rise in the wage gap between college students and non-college students.

    Read More

  • College Is Worth It Or Not?

    1523 Words  | 4 Pages

    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...

    Read More

  • Need to Stop the Tuition Inflation in the US

    2338 Words  | 5 Pages

    A college education has become the expectation for most youth in the United States. Children need a college education to succeed in the global economy. Unfortunately for the majority of Americans the price of an education has become the equivalent to a small house. The steep tuition of a college education has made it an intimidating financial hurdle for middle class families. In 1986-1987 school year the average tuition at a private university was $20,566 (adjusted to 2011 dollars) while in 2011 the average cost was $28,500 for an increase of 38.6%. Similarly in public universities there has been an increase in tuition: in the 1986-1987 school year the average tuition at a public university was $8,454 (adjusted to 2011 dollars) while in 2011 the average cost was actually $20,770 for an increase of 145.7%. Most families who are able to save for college try to do so, therefore their children are not left with large amounts of debt due to loans. Nevertheless, families are only able to save on average around $10,000, which is not enough to pay for a full educ...

    Read More

  • Argument Essay on College Tuition

    1037 Words  | 3 Pages

    Philips, Mathew. “Businessweek-Business News, Stock market & Financial advice.” Businessweek-College is Worth the Cost. N.p.,n.d. Web. 2 Oct. 2013. http://www.businessweek.com..

    Read More

  • College is not for everyone

    1039 Words  | 3 Pages

    “Is College Worth It?” Pews Research Center. May 15, 2011. Pg. 26. http://www.pewsocialtrends.org/files/2011/05/higher-ed-report.pdf. Web. 02 Dec. 2013.

    Read More

  • General Education Courses Are A Waste of Time and Money

    1573 Words  | 4 Pages

    Pracz, Alyssa. “General Education Courses are a Waste of Time and Money.” Northern Star. Northern Star Online, 13 April 2011. Web. 24 March 2014.

    Read More

  • The Importance of Education

    1003 Words  | 3 Pages

    Education plays a vital role in shaping tomorrows’ leaders. Not only can we become a better nation by acquiring the skills necessary to be productive members of a civilized society. Increase knowledge to actively achieve and meet challenges that can produce changes in which are productive for attaining business innovations, political and economic objectives.

    Read More

More about The Importance of Higher Education

Open Document