The Value of a College Education
As tuition costs continue to rise to levels higher than ever before,many are asking, is a college education worth the financial investment. What exactly is the value of a college education ' The answers to these questions lie in the economic, societal, and personal benefits that a college education enables. The financial burden of debts and lost potential wages carried by many who choose to pursue post-secondary studies is certainly present. However, evidence indicates that the long-term benefits of completing college far outweigh the costs, and these benefits extend past the individual to their families and society at large. Whatever the benefits may be, a college degree is a necessity for today’s generation due to the rising number of people earning their degree.
Post-secondary education is an investment that will never depreciate. Once attained, a college degree will enable individual to earn more in the long run. In fact, the rate of return on investment in higher education is substantial enough to warrant the financial burden often associated with the pursuit of a college degree. On the whole, college graduates earn more than those with only a high school diploma. According to the National Center for Education Statistics, the median annual income in 1999 of male high school graduates working full-time and year round was $33,184 and $23,061 for female-full-time workers. However, the average incomes in 1999 for males with a bachelor degree were $52,985 and $37,993 for females. This demonstrates the drastic disparity in earnings between individuals with college educations and those with only high school diplomas. The U.S. census Bureau has determined that each successively higher education le...
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...s 62 per cent who think, contrary to evidence, that university graduates are just as likely to be unemployed as high school graduates. According to most research, the findings of this survey carry little weight, and unemployment rates among college graduates are substantially lower than unemployment rates among those with only a high school degree. The experience of college opens the mind and the senses to new learning experiences and social encounters. College students are encouraged to think critically and analyze problems and situations from different perspectives and angles. A college education broadens horizons and opens up opportunities for increased employability and earning potential, and acts as a foundation for a productive life. The value of a college education is evident in the personal, economical, and societal benefits experienced due to higher learning.
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- The Value of a College Education As tuition costs continue to rise to levels higher than ever before,many are asking, is a college education worth the financial investment. What exactly is the value of a college education ' The answers to these questions lie in the economic, societal, and personal benefits that a college education enables. The financial burden of debts and lost potential wages carried by many who choose to pursue post-secondary studies is certainly present. However, evidence indicates that the long-term benefits of completing college far outweigh the costs, and these benefits extend past the individual to their families and society at large.... [tags: Higher education, Academic degree, College]
1195 words (3.4 pages)
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1118 words (3.2 pages)
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1020 words (2.9 pages)
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1137 words (3.2 pages)
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1376 words (3.9 pages)
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1481 words (4.2 pages)
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1880 words (5.4 pages)
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1310 words (3.7 pages)