Rising Cost Of College Education Essay

Imagine if every student made it to college. Jobs would be plentiful, homeless folks would become less in numbers, and the acceptance rates for jobs would be much higher. Now, consider this. From ages twenty-five to thirty-two, twenty-two percent with a diploma from high school are living in poverty, in comparison to six percent of college-educated adults, today (“The Rising Cost of Not Going to College”). This is a real problem in today’s nation, but can be prevented. Students not only have better chances of getting a job from receiving a college education, rather than just a high school diploma, but their average yearly pay is also much higher. A college education is a necessity to students in our nation, because of increased chances of being accepted to jobs of your choice and background, and receiving a much higher annual pay.
Everyone loves money, right?
Well, with a college education, students will receive a reverent amount of money in comparison to with only a high school education. Studies show that the average income of males aged twenty-five or above in 1999, who had a bachelor’s degree, was roughly $61,000, in comparison to $32,000 for men with only a diploma from high school (“The Rising Cost of Not Going to College”). With several industries booming with new technology, job slots, and more money, a college degree will help you get that dream house you’ve always wanted. In order to get any money in the first place, you have to start with the basics: employment. In 2014, a study was done that resulted in a game-changing statistic. The employment rate of young adults aged twenty to twenty four that had bachelor’s degrees or higher was, in fact, higher than the employment rate for adults of the same ages with little or no college education (88.1 v. seventy-five percent) (“Fast Facts”). This study shows that while you have a bachelor’s degree, job employment comes much easier and with a much higher success
rate.
Those who support dropping out of school after getting a high school diploma may say that stress levels are lower, the intenseness in the job industry is lower, there have been many people who have succeeded in their lives without a college degree, and that it allows for more life opportunities, but studies show that 53.6 of graduates from college under twenty-five were unemployed, compared to a much higher percentage of only high school graduates.
Clearly, college is severely needed in today’s world due to the success rate of employment when given a college degree. We need to teach kids today that college isn’t a right, rather it is required for a good, successful life.