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…
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…
The reason why colleges and university are worth the four plus years and the high cost of tuition is because of the amount of money you can make afterwards. An article written by Catherine Rampell can help you see the advantages of receiving a degree from an institution. She showed that of the American earning more than $150,000, 82 percent of them carried a bachelor’s degree. Only 6.5 percent of those Americans who earned at least $150,000 did not receive a high school diploma and around 7 percent did have a diploma. This illustrates the need for more people to go to college to receive a degree because it will get them a job that will increase their income by 20 to 30 thousand dollars. In the long run, this can affect your standard of living. With that extra cash you would be making, you can pay off your college debt which a lot of people are saying is out of control and one of the reasons college is not worth it. The bigger picture is that you can pay off the college debt in the first five years and then use that money to pay for a new car or a bigger house. This is the reason why the standards of living will increase.…
Is college really that important in a person's life? Many successful and rich people that are included on the top 400 richest Americans list happen to be college grads. That being said, college can help you become a very successful man or women. College is also the most important step into making your future different or better. College gives you so many more options for your occupation after college which also comes with a better amount of income. Not only will you ever getting money and a good job but also great, everyday skills.…
One of the many reasons why college is visioned as a necessity is because common sense seems to dictate that if you have a degree you will have more job opportunities and be economically stable. Accordinging to the U.S Mean Annual Earnings someone that has a bachelor’s degree…
First, college education is important because you make more money. College graduates make 415$ more a week than those who highest level of education is a diploma. 2.4% the unemployment rate for workers with a professional degree was also the lowest of any education level. So going to college can help you financially even though college is expensive.…
The reason people doubt about worth of college degree is that student loan debt is accelerating at a rapid pace. However, the value of college education is not just about money. It gives much more hidden benefits to society and individuals. College education provides students time to lay the groundwork before launching into the world. Opportunities to build a network of professional relationships are also given to students. After that, individuals with college degree make great contribution to society such as economic prosperity or enhanced social…
A four year college degree is important because of the environment we live in. Having a college degree in my perspective means success and prestige in terms of getting a job because of the competitive nature of our society. A college degree is like a certificate that one must obtain to be eligible for a certain job position. For example, if someone wants to work in a restaurant, they would want to have on-the-job experience or a food handler’s certificate to give them an edge above other applicants. This way there are more opportunities to explore. The same thing applies to obtaining a degree in the field that you are interested in. College to me at this moment is an adventure. Because I am still a high school student, I have the…
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…
“Skeptics like to point out that the income gap isn’t rising as fast as it once was, especially for college graduates who don’t receive an advanced degree.” (Leonhardt). However, college degrees have been proven to help people make money in jobs that never needed a degree. (Leonhardt). Citizens with a degree have been proven to progress further ahead faster with a degree in jobs which do not postulate anything but a high school diploma. In studies, adults who did not attend to college to obtain a degree feel like college graduates make up to 20,000 dollars more a year than themselves. (Pew Research Center). Not only can a degree help people progress further ahead, it can make workers more money and they can begin to pay off what college debt they may have. In addition, college graduates also have much more job security than a person who does not have one. (Leonhardt). Whether it’s taking care of a family or just taking care of themselves, nobody wants to worry about having a job the next. After all, degree has significantly more purpose than just sitting on a…
The first reason why college is important is that most jobs today require a college degree. According to an article on College Education it states, ¨ Only 34% of American jobs require a high school diploma...between Dec. 2007 and Jan. 2010, jobs requiring a college degrees grew by 187,000...¨ (Is college education worth it? WEB). So, only 34% of the American jobs are required to have a college degree, but according to the same article read about college education it states ¨ Many people succeed without degrees...¨ It also states that ¨the 30 projected fastest growing jobs between 2010 and 2020, five do not require… four require an associate's degree, six require a bachelor's degree, and six require graduate degrees.¨ Although that might be true, getting a college degree gives one a better chance of getting the career or job they want.…
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.…
In today’s day and age, having a college degree is important. It is so important it determines whether you will be living in the streets or living in a nice fancy house. Going to college is a big step in pursing your career. Being in college gives you many doors for opportunity. Graduating from high school is only the first step. After graduating high school today you will not find a high paying job as opposed to a college degree. When applying for a high paying job, many if not all will ask for your education background. When jobs are looking to hire you its your educational background vs. the other applicants that are trying to take the same position as you. Gaining a degree also gives you a emotion of a strong…
The US Census Bureau shows that people with at least some college make $3,374 more than high school graduates per year; those with an Associate degree $8,194, a Bachelor’s degree $20,989; and a professional degree $58,697 (double!). College, no matter what amount you get, is definitely worth the money. Over a lifetime, this could mean millions of dollars of income that can only be achieved with a college…