Preview

Higher Education

Good Essays
Open Document
Open Document
713 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Higher Education
Higher Education

In the time I have spent in higher education, I have noticed that educators generally encounter three categories of students. The first category, about 10 percent of the student population will always succeed because they have the attitude that failure is not an option. The second group, another 10 percent of the population, will inevitably fail, lacking the personal motivation and drive necessary to reach educational goals. Approximately 80 percent of students make up category three. A group full of bright minds that could lean toward either success or failure. This group will most significantly be impacted by changes and improvements in education. The differentiating factor in this group is that each student's response to the same question: "Is investing in my education really worth it?"

Some people are deterred from pursuing higher education because of the price tag attached. Even though student loans are often available, the idea of repaying student loan debt, with high interest rates and low job prospects is a significant roadblock for many. For students with young families or those who have never considered post-secondary education, it is often much more appealing to take a job out of high school and immediately generate income. These are the students who begin to feel that an education is simply not worth it.

People who have obtained a college degree will earn an average of 74 percent more over the course of their lifetime than people who have not. A college graduate's educational value is not based on the salary received for their first job. Students must realize the big picture: the most significant returns on educational investment come from the jobs following their first post-college position. Three years will not appropriately gauge how much education is worth; five or more years will offer a much more accurate picture of the actual long-term benefits that accompany education received.

The recent recession is a prime

You May Also Find These Documents Helpful

  • Good Essays

    The article “The Return of the Overeducated American?” by William R. Doyle shows the two sides of the argument on the topic if college is worth the cost. The labor market data confirms that individuals with higher level of education earn more even if its the same occupation as the high school graduates. According to Doyle, students with a higher education develop intellectual and communication skills which benefits them because they are able to become managers of businesses. College graduates also have greater potential for promotions which increases their income allowing them to provide a better lifestyle for themselves and their family. Individuals work their way up within most fields because higher positions are more well paid. On the other…

    • 333 Words
    • 2 Pages
    Good Essays
  • Good Essays

    When people continue the course that they pursued in college, their annual income will be increased dramatically over a person who does not go to college. A study done by the Pew Research Center said that “numerous studies have shown that, on the whole, college graduates are far more likely to get jobs and earn more money than…

    • 1509 Words
    • 4 Pages
    Good Essays
  • Good Essays

    The student debt in the United States alone is in the trillions. According to Forbes and the Federal Reserve Bank of New York, the student loan debt is between 902 billion and 1.2 trillion (How). Since the economy took a plunge in 2008, a big issue is that not enough graduates are able to find job opportunities that can help pay off their debt, and on top of that support themselves independently. “Americans who received bachelor’s degrees in 2008 were roughly twice as likely to be unemployed after a year than were their peers who graduated in 1993 and 2000…(Inside).” The supply and demand of employment is slim and fiercely competitive. Of those that had the opportunity to get a job, 27 percent of them reported that it was unrelated to the degree…

    • 180 Words
    • 1 Page
    Good Essays
  • Good Essays

    Although, unemployment for college graduates is less than college graduates. The area of study plays a significant role when seeking employment. Fifty percent of all graduates agreed that their education is worth the debt, while 50% disagree that their education is worth the investment. These numbers have important implications for life after college. For instance, more than half of the graduates' quality of life is affected by student loan debt which affects major life decisions such as continuing education, marriage, children, home and car. This leaves students dissatisfied with higher education. So, to answer the question based on the facts that were revealed, "Is College Worth the Student Debt?" I believe that over the life span of work that graduates earn more than their counterparts. However, depending on their major, ability, and future earnings, it may not be the best investment, and students should explore their options of the…

    • 484 Words
    • 2 Pages
    Good Essays
  • Good Essays

    The cost of college includes not just monetary costs but psychological costs, which are highest for those who either strongly dislike classroom instruction or must work particularly hard to get anything out of it. Individuals with high psychological costs who enroll anyway because that is what they believe they “should” do may end up with the worst of both worlds: foregoing income (and possibly accumulating debt) without accumulating skills.…

    • 725 Words
    • 3 Pages
    Good Essays
  • Satisfactory Essays

    The New Yorker supports the notion of college graduates earning more money, on average, than people who don’t have a degree coining this concept as the ‘college wage premium” (Cassidy, John). An article entitled "Why College is Still Worth It Even Though It Costs So Much" written by Time states that the vast majority of college graduates polled, approximately 30,000 post graduates, recently say their education was worth the cost. They admit that not everyone necessarily needs a four…

    • 302 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Many people agree to disagree on college. There are plenty of people who do not attend college, and they find their way to the top. College gives you the extended learning skills that employers will look for when you're finding a job. The authors repeatedly express several statistics, including, “14 percent of people with a high school diploma make at least as much as those with a bachelor’s degree, and 17 percent of people with a bachelor’s degree make more than those with a professional degree.” This statistic also all depends on the major you want to pursue your career in. The choices a student makes about his or her field of study and later in a job can have a substantial impact on what he or she gets out of her degree…

    • 795 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    To start off with students that graduate are far less likely to be unemployed. In source D the author states, "Three decades ago, full-time workers with a bachelor's degree made 40 percent more than those with only a high school diploma." The above statement means, that people who go to college generally make more money than people who don't.…

    • 246 Words
    • 1 Page
    Satisfactory Essays
  • Better Essays

    college debt crisis

    • 1226 Words
    • 5 Pages

    Everyone who desires to go to college one day will eventually be facing the number one question that may or may not make the decision for them; do I have enough money to go? It seems to be the reason a lot of people finish high school and decide to just start working. “A job after high school helps set realistic expectations and firm up goals” (Johnson). Some kids, fill out the necessary paperwork, only to find out their parents make too much money and end up not going as well. Then there are the kids who decide to take out loans. “In many schools, 70 percent of the student body must borrow” (PRESS). Sure it seems easy at first, so they get another loan, they get another degree, only to find out that after college, the work force is smaller than they thought and now the debt is hanging over their heads. “Significantly, about 13 percent said their loans forced them to drop out of college -- leaving them perhaps worse off than if they never had gone” (PRESS). For some college students working to pay off their debts seems more important than getting the actual college degree. It is important to society that we try to fix this problem. The students applying for college need to be better educated on loans and have a better idea on the job market today, and what degree it will take to get them where they need to be so that they are employable.…

    • 1226 Words
    • 5 Pages
    Better Essays
  • Good Essays

    In society today, a college degree and education is no longer considered an option for further education, but rather a necessity for a supposedly a superior job. College is investment of funds and time. College causes student loan debt and many college graduates become employed in professions that do not require a degree. In the 1980’s, bachelor’s degrees earnings and the earnings of high school graduates were nearly equivalent, likely causing the pressure families put on their children to go to college. According to the statistics of Business Insider, the financial return of college graduates is higher than the earnings made with a bachelor’s degree.…

    • 408 Words
    • 2 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
  • Good Essays

    College Degree Values

    • 667 Words
    • 3 Pages

    A big bonus in going to college is the end results, which is making more money as a graduate. Everybody wants money and everybody needs it. Students out of college who have earned their degree have a higher chance of getting a higher salary than a student with just a high school diploma or G.E.D. As the years go on a high school diploma will be worth less and…

    • 667 Words
    • 3 Pages
    Good Essays
  • Good Essays

    According to the Federal Reserve Bank of New York, “Student loans play a huge role in financing higher education, which is crucial to improving the skill of American workers. However, the burden of student debt is close to $1 trillion, and some have different requirements when being paid back.” With the increasing rates of college tuition, students are being required to take out more and more loans because they do not have the massive amounts of money to pay for it themselves. Though many students tend to have jobs in their high school career, most of them do not save anything that they earn. Even if they saved money between the time they can get a job, in which most places require the minimum age to be sixteen, and go to college, it would not be possible for there to be enough money to pay for college tuition out of pocket. Sometimes students cannot get a job due to the dedication to school and lack of time after extracurricular…

    • 729 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Americans today tend to believe that college education is not an option but more so a necessity. “Why are so many parents trying to encourage their kids to attend college”? Is it because they are trying to control their lives? Or maybe it’s because they are just awful parents? I say that it’s completely the opposite of that. Parents just want what’s best for their kids; they don’t want them to have to fight the struggle of the daily grind. Nobody wants that life! Although a college education could be costly, it is worth the cost because it can help young African American males find a career instead of a job, and it could be beneficial to their child’s life.…

    • 1090 Words
    • 5 Pages
    Better Essays
  • Better Essays

    Going Back To College

    • 1100 Words
    • 5 Pages

    When considering whether to return to college or not, another important aspect to think about is investing in your future to further your career options. Now days with the growing demand of specialty careers, it’s almost impossible to climb the corporate ladder if you don’t have a degree. Another added benefit is with a degree you can almost bet that you will have an increasing salary, much higher than if you never received a degree at all. College graduates earn 84 percent more money over their lifetime on average than people with just high school diplomas, according to a study by Georgetown University’s Center on Education and…

    • 1100 Words
    • 5 Pages
    Better Essays