By Danica Marikovsky College opens up a wide range of opportunities and would benefit anyone who attends. College is a smart financial decision for almost everyone because as David Leonhardt argues, people with a degree earn more money than those without a degree and students earn back more money than they spent on a college degree. However, as Chris Matthews argues, some students are undecided on what degree they desire and attending college would not be a smart financial decision in that case. In the long run, those who take the time to earn a degree will have higher wages than someone who only possesses a high school diploma. According to Leonhardt’s article “Is College Worth It? Clearly, New Data Say”, a study found, “Americans with four-year college degrees made 98 percent more an hour on average in 2013 than people without a degree,”. People with a degree tend to earn more than their non-degree holding counterparts because professional …show more content…
In agreement with Leonhardt in his article “Is College Worth It? Clearly, New Data Say”, he writes, “According to a paper by Mr. Autor published Thursday in the journal Science, the true cost of a college degree is about negative $500,000,”. Families struggle to produce the money required for their children to attend prestigious universities however the money their child will make at his/her future job will pay off the tens of thousands of dollars spent on education. It is wise to attend college and pursue a degree because college degrees open up a vast opportunity of high paying jobs needed to pay off college debts and loans. College has a hefty up front price tag however many people don’t see the huge financial benefit in the long run which will allow college graduates to accumulate more money than they have spent on their entire