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…
Scott Carlson’s Article How to Assess the Real Payoff of A College Degree, shows his point of view on college and if it is worth all the hard work, time, and debt. Carlson explains between two different views on this subject. He discusses the differences between how college can be worth the payoff and how also it can be a waste of time. In his article he writes about does not necessarily his experiences but the experiences of others. People of all kind go to college and only some make it out on top. Some people end up going and just dropping out and/or not using their degrees in the way it was intended to be used in. Scott Carlson tends to lean more towards the viewpoint of how college is worth all of the work, time, and money. Carlson interviews an abundant amount of people and has them tell whether they believe that college is something people should go through to get what they want or need, or whether they should just do it all on their own. He interviews people that make it through all the way and also people who just cannot finish. Over all the people that Carlson talk to and put into his surveys and experiments, more people lean more towards the same solution as Carlson. They believe that college is worth everything that you put into it in the end. Going to college and getting a degree that is worth making good money and have a nice steady job will be worth the work you put into it as long as you follow what you are doing in college after college. Once you change course you start losing all opportunity that you have put in the path that you have taken.…
In conclusion, after examining the advantages and disadvantages of a college education as it relates to student loan debt, it is very clear that there are more benefits of a college degree over the course of a lifetime; however, without the proper planning, it may not be for those who have incurred tremendous debt. Additionally, student’s ability, major, and lifetime expected earnings are significant when weighting the investment. The return on the investment has been well-documented in prior research. I agree that there are numerous benefits of earning a college degree due to my own educational background.…
The argument Author John Stossel makes in the article “The College Scam” is by no means obscure. Stossel set out to convince his audience that going to college and earning a degree is not beneficial. He offers a variety of examples and cites the work of other published authors but lacks critical thinking follow through. Stoussel makes a valid argument, college is not for everyone, but that doesn't negate the benefits it provides to vast amount of professionals holding degrees and the future generations. “What do Michael Dell, Mark Zuckerberg, Bill Gates and Mark Cuban have in common?…
I agree with Hacker and Dreifus’ claim that a college education is worth more than the financial cost because I have experienced it first-hand. One of the most important things to remember when it comes to an education is that a student’s original purpose was to become an expert on a certain subject. In order for people to feel that higher education is important, “Colleges should demand good teaching. They must become conscientious, caring, and attentive to every corner of their…
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…
Many people argue that going to college is either a waste of money or a waste of time because “now a days” it does not matter if you have a degree or not, it is still hard to find a job. I believe this to be different. People who do not go to college are more likely to be unemployed and, therefore, place undue financial strain on society, making a college degree worth it to taxpayers. In my opinion I think that going to college is a great experience to meet new people, learn social skills, and earn a degree which will always pay off in the long run.…
I think that it depends on what you would like to do, whether a college degree is really worth it. I know for my future career goal of becoming a nurse, it is definitely necessary. But, if you chose to be a restaurant manager or become a police officer/fire fighter a college degree may not be the most cost effective path to becoming successful. When I went to college, I thought that as long as I graduated and got that piece of paper everything else would be cake, but in truth it wasn’t very easy to find a job immediately after I graduated. So I think it’s important to understand that some fields of study are not very high in demand or have many job openings. I know the ultimate importance is doing something you love regardless of what it is, but also understand that if you get a degree in fashion merchandising or ethics it is going to be increasing more difficult to get a job than if you had a medical degree or business degree. But through it all at least in my case, college has definitely been worth it. Not only because of the material I learned that can be applied to my jobs, but it has opened my eyes to the world around me and has taught me discipline, the ability to multitask, and delay gratification. While at school, I had many life experiences that have no monetary value but are ones that I would never trade for anything, and I feel have contributed to the person I am today. In short, a degree for most people is a “safety net” something that makes you the better option for employers over non degreed applicants and gives you more options in general as to what career you choose. According to an article in the New York Times, “The 2009 unemployment rate of college graduates 25 and older was 4.6 percent, compared with 9.7 percent for high school graduates.” And, “ the pay premium for those with bachelor’s degrees has grown substantially in…
According to the article by The Economist, “Is College Worth it?”, there was a quote explaining the fact that every degree isn’t worth going for, since their value is useless to the economy. “But not all degrees are equally useful. And given how much they cost-a residential four year degree can set you back as much as $60,000 a year-many students end up worse off than if they had started working at 18” (1) This shows that not every degree is worth going for. It says that if you go for a degree that has low economic value, you would do worse than a person that would have just started working at the age of…
In the article Is College Worth It? Clearly, New Data Say by The New York Times explains that college is more valuable then it was before. It explains how college graduates are feeling more overqualified for the job that they do. Due to the fact that they are getting paid as much as with a degree that they had. It also explains that college graduates who actually graduate with a four-year degree are going to get paid more salary-wise then they did before many years ago. One of the major downfalls was that they aren't getting paid the wages that they should be. Therefore I believe that pursuing a college career and attending university is worth it because you have the opportunity to expand your education, you'll eventually be paid more than…
The second reason why I think that college could benefit you more than not going to college is because of health and happiness. Another statement made by Susan J. Demas on the website eduguides.org is states “. Those with college degrees have better health, exercise more, and smoke less. This is related to the fact that their employers are likelier to offer better health plans and perks like gym memberships.” This clearly states that people with college degrees are more likely to be healthier and more likely to be offered better health benefits meaning they are more likely to stay…
They say that college is better in the long run but when you have majored in English Literature and beer pong for four years and come out of college at the same point you were when you went in, then you start to question what it has done for you. They always put out huge and overexagerated statements like "college graduates make 80 percent more than someone with just a high school diploma", which may be true at one point but it doesn 't include what percentage of those college graduates will be making 80 percent more than those with only high school diplomas.…
As each day goes you hear a lot of things about how good colleges are and wonder if it's really true. They say who goes to college and graduate have a better chance to make more money than other people who didn't go. A average college student with a bachelor's degree will earn 30,000 more per year than a highschool graduate and could go up to 500,000 over a lifetime (ProCon.org-college education). If you are going to college and becoming something that makes a lot of money then that is good because you will be able to pay off all the loans you had to get to be where your at now. Earning an associate degree was worth about 170,000 more than a high school diploma over a lifetime in 2011 (ProCon.org-college education.) You can hear it from everybody that most likely a…
Furthermore colleges has helped many students foster out of their shells and produce astonishing works that they had not ever imaged to do alone. And according to Pew Research.com three different generations (Boomers, Gen-Xers, Millennials) were asked if college was worth it and about 83% of all those students said that college did pay off even though the cost and investment was really high. In a similar way my own father went through this road and he didn't only manage to obtain that degree he also got the experience and education that a college gives you, he learned to be responsible, respectful and organized. And although there is a great amount of money put into college education at the end the outcome is worth more than the investment.…
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…