Preview

College Is Still Worth the Expense

Good Essays
Open Document
Open Document
359 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
College Is Still Worth the Expense
“Is College Still Worth The Expense?” College is very important to us because it is the stepping stone to achieve our goal in life. It helps us to improve our skills and learn more, and it helps us to maintain higher levels of social competence and academic levels. Education remains and important investment for the future. Having an advanced degree, ensures that we are well trained and highly skilled in our chosen fields, which is very important. With advance knowledge and continued education we will be able to achieve our ambitions in life. With the cost of college rising, many have asked a central question: Is a college education worth the cost? The answer, when looking at the information gathered from a number of surveys, is definitely yes. The central factor that makes college--even at inflated prices--worth it is the ability of graduates to enter higher work “zones,” as defined by the U.S. government. The lower work zones pay the least and are filled primarily by non-college graduates. The highest zones provide the highest incomes and are filled primarily by college graduates. As long as a students is able to borrow minimal funds ($20,000), college easily remains a worthwhile value. (Draeger, 2009) It is critical that low income students meet the need for higher education by turning to grants/loans. Many states are working on implementing initiatives to insure low-income students prepare for the real opportunity of college. The message from the financial aid community to the students is to graduate with as little debt as possible. It is important that students do not forgo their postsecondary education for fear of future debt burden (Draeger, 2009). College is still worth the price of student loan debt. Students should not fear the shadows of debt, but instead to consider their education will yield a higher income and will continue to grow for years into the future.

References
Justin Draeger. "College Is Still Worth the Expense." At



References: Justin Draeger. "College Is Still Worth the Expense." At Issue: The Rising Cost of College. Ed. Ronald D. Lankford, Jr. Detroit: Greenhaven Press, 2009. Opposing Viewpoints Resource Center. Gale. COLUMBIA SOUTHERN UNIV. 29 June 2011.

You May Also Find These Documents Helpful

  • Good Essays

    In the dissertation, “Should Everyone Go To College”, the authors Stephanie Owen and Isabel Sawhill make the stance that a college degree can be beneficial for some, but not for all people. It is true that people with bachelor’s degrees make more money than high school graduates. A college education positively affects ones job satisfaction, health, marriage, parenting, trust, and social interaction. College also improves crime rates and political input in society. Lifetime earnings are $570,000 for a bachelor’s degree and $170,000 for an associate’s degree. Despite this, not all students see a large profit on their investment. With tuition rates rising, student loans are close to $1 trillion. Some aspects that can influence the return on…

    • 287 Words
    • 2 Pages
    Good Essays
  • Good Essays

    When it comes to the topic of attending college, most of us will readily agree that obtaining a higher education is important. Where this agreement usually ends, however, is on the question of paying for it. Whereas some are convinced that tuition is too high, others maintain that it is important no matter the cost. Andrew Hacker and Claudia Dreifus address just such an issue in their essay “Are Colleges Worth the Price of Admission”. Hacker and Dreifus discuss the issue of college tuition fees versus the quality of teaching they offer, but also point out that “colleges are taking on too many roles and doing none of them well” (180). They offer solutions and several proposals on how to improve the college experience. The main point they make, however is that colleges “have lost track of their basic mission to challenge the minds of young people” (180). At first glance, college students might say that attending to their dream college is their high priority. But on closer inspection, are students receiving a fair value for their investment? What are they gaining from higher education? “Graduating with six figures’ worth of debt is becoming increasingly common”, Hacker and Dreifus say. If Hacker and Dreifus are right that higher education industry is in need of a reform, as I think they are, then we need to reassess the popular assumption that attending to your dream college should be your priority no matter the cost of tuition.…

    • 976 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Annotated Bibliography

    • 1915 Words
    • 8 Pages

    Carlson’s article explores different studies that agree that college is indeed worth the investment. He claims that the demand for a college degree in the workforce is increasing and that there is a significant difference in wages for a person with a degree and a person without a degree. He also covers the debate that pursuing a college degree can be risky because in some places the income of people with a degree does not keep up with the increasing costs of living.…

    • 1915 Words
    • 8 Pages
    Good Essays
  • Good Essays

    The article “What’s more expensive than college? Not going to College” written by Derek Thompson appears in the textbook Read, Reason, Write 11th edition by Dorothy U. Seyler. Thompson, a senior editor at The Atlantic, published this essay on March 27th, 2012. This article’s purpose is to persuade readers that it is worthwhile to go to college. Thompson includes many statistics and graphs pertaining to unemployment and the education status of young individuals around the world to show readers the lack of education in today’s society is costly.…

    • 608 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    College is worth spending money because you will make a greater salary than people who don’t go to college. Statistics show that people who go to college earn two times the amount of money than people who don’t go to college. Now, that doesn’t mean that you have to go to college. You can earn big money by starting your own business, working your way up at…

    • 356 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Is College Worth the Cost

    • 935 Words
    • 4 Pages

    College is getting more and more expensive as the years go on. The question is; is it worth the cost? In three different articles, authors will tell you their opinion and give evidence behind their reasoning. Derek Thompson writes “What’s More Expensive than College? Not Going to College,’ Amy Phillips writes “Is college worth the money?” and Justin Pope writes “College Costs: New Research Weighs the True Value of a College Education.”…

    • 935 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Outline College Paper

    • 931 Words
    • 4 Pages

    Attending college is worth the time and money for some people and vice versa for others. In order to debate about how attending a college is worth it or not one would has to understand proven statistics in college graduates and those who chose not to attend a higher institution after high school through an article given by “Time Magazine”, a popular magazine throughout the United States, called “Is College Worth It?”. College can cost up to twenty thousand dollars a year or it can be no cost at all, as stated in the Times Magazine, depending on ones financial class in the United States. My opinion on this topic is that college is only worth it when it is free or reduced in pricing per year due to the loan paybacks that can ruin financial stability in the future.…

    • 931 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Is College Worth It Essay

    • 491 Words
    • 2 Pages

    People have never doubted or questioned why we should go to college until recently. Researchers and experts have been wondering if college actually is worth it. It may be sincere that college has very expensive costs in student loans and tuition fees, but the money and forbearance that comes from the two to four years of college, it sure is assuredly worth it. A college education is worth the expenses and costs it comes with.…

    • 491 Words
    • 2 Pages
    Good Essays
  • Good Essays

    College is a great way to start your life after high school. There are so many advantages to college that will give you a big impact on your life and be successful. College education will be worth it because college graduates make more money, more jobs require college degrees, although many people succeed without a college degree.…

    • 525 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Services and labor-intensive jobs are quickly being filled by technology and globalization. A college degree is the first step a student can take to set themselves apart as its surely needed. The days are gone where you can get a job fresh out of high school and work your way up the corporate latter. More and more companies are requiring college degrees. The average person with a college education makes nearly twice as much as those with only a high school diploma. A report produced in 2011 by the American Community Survey that was released by the U.S. Census Bureau stated “that those who held a bachelor's degree were expected to earn a 40-year lifetime salary of about $2.4 million on average, while high school graduates only took in a lifetime salary of about $1.4 million” (Kominski, 2011). College is an investment with high…

    • 1014 Words
    • 5 Pages
    Good Essays
  • Better Essays

    College Worth It Essay

    • 1374 Words
    • 6 Pages

    Making Headlines Since The ‘70s: Is College Worth It?. National Public Radio. 18 June 2011. http://www.npr.org/‌2011/‌06/‌18/‌137257390/‌making-headlines-since-the-70s-is-college-worth-it. Web. Transcript. 23 Jan. 2012. This broadcast/‌article is a credible source because it is an unbiased source. NPR (National Public Radio) broadcasts to all demographics and is unbiased in its broadcasts. The staff writers point out how most people take the worst cases of college graduates and use them to stereotype all of them, when that is not the case. They take a logical viewpoint on the issue and show that when the recession ends things will go back to normal. This source is in agreement with the Pew source because both state that college is rather expensive and may not be for everyone.…

    • 1374 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Is College Worth It?

    • 607 Words
    • 3 Pages

    Is a college education really worth the investment of time, money and energy? Is a college degree really worth going deep in student loan debts? Higher education is a considerable gamble. For many people it works out well, but many of the other college graduates have found themselves completely unable to get a great job in this economy with a huge amount of debt on their shoulders. The entire system encourages students to take out any kindand amount of loans they need without worrying how they will pay them back. For that reason these people also say that college education is a good investment. For the past few decades, a college education was actually an almost automatic ticket to a job and a middle class life but today, higher education does not guarantee anything. The only thing guaranteed for millions of people is that they will fall in a great amount of debt in student loans. According to Annie Lowery in Slate magazine\'s article \"Is College a Rotten Investment?” higher education is still a worthwhile investment. Lowery compares higher education to be very much like real estate and questions the argument that higher education is an economic bubble. Although there was no logical reason on why the prices on both homes and higher-ed have increased over a specific amount of time, Lowery mentions a reasonable analogy. Houses are like stock shares. They can be sold and bought but this method does not work with a college degree simply because it is not something you can trade in, or in other words, it cannot be inherited. Lowery describes a diploma as a very changeable and diverse investment in which a person is capable of doing many useful things. She also mentions that even though some may argue that colleges are overpriced, there are still many institutions that give you a higher education without being too pricy. As a conclusion, Lowery still questions the cost of higher education but also give us an assurance that taking your education to a higher level is…

    • 607 Words
    • 3 Pages
    Satisfactory Essays
  • Good Essays

    College Tuition

    • 795 Words
    • 4 Pages

    In today’s society, college has become less of an option and more of a necessity. College is required for many various professions, and the cost of tuition seems to have a lasting effect on many Americans. Although having a college education will help someone receive higher pay and become more successful, the stress of college debt is taking a toll on graduates. Most college graduates will be paying for college loans for many years after they graduate. The continuing rise of college tuition is also hindering many people to have the desire to attend college. Like anything, education has its cost and it doesn’t come cheap. The average college student graduates with a minimum of 30,000 dollars in debt ("College Costs:…

    • 795 Words
    • 4 Pages
    Good Essays
  • Good Essays

    This year the average college student will graduate with at least $20,000 in student loan debt (College access and success). For years higher education has been worshiped with God like influence as a way to escape poverty and attain a career and live the American life. With the rising college tuitions it has become increasingly harder for the middle class to afford college and reap the benefits. Seven out of ten students, will have a burden over their shoulders for years to come as to how to repay the debt. Debt is no respecter of persons: business owners, single parents, teachers and seniors to this day are still constantly bombarded with debt.…

    • 1222 Words
    • 5 Pages
    Good Essays
  • Good Essays

    Some may ask, is college worth it? How will I deal with debt from loans? Well, for starters, college is definitely worth it. College graduates earn more money, are more likely to get a job, and are more likely to receive benefits such as health care than those with lower education. Let’s start with the benefits of graduating from college.…

    • 706 Words
    • 3 Pages
    Good Essays