Summary: Is College Worth It
Is college worth it?
Some may ask, is college worth it? How will I deal with debt from loans? Well, for starters, college is definitely worth it. College graduates earn more money, are more likely to get a job, and are more likely to receive benefits such as health care than those with lower education. Let’s start with the benefits of graduating from college.
On average, college graduates earn more money than those with highschool education. Higher income leads to a higher percentage of not living in poverty. Another reason why a higher income is so important: the costs of not going to college have risen. In 1979, 7% of highschool graduates were in poverty. In 2013 22% were in poverty (source #4). Andrew J. Rotherham states: “According …show more content…
On top of that, even though the average debt of a student going to college can be high, the costs for not going to college have also risen. According to collegeparents.org, “Millennials with just a highschool diploma are faring worse today than their counterparts in earlier generations by almost every economic measure examined.” In 1979 the median adjusted household income (in 2012 dollars) was 50097 and the percent in poverty was 7%. In 1995 the median adjusted household income was 45164 and the percent in poverty was 15%. In 2013, the median adjusted household income was 39842 and the percent in poverty was 22%. Debt is also avoidable if you plan accordingly. According to studentdebtrelief.us, “As a college student, there’s no doubt you may end up with student debt. Almost all college students will receive some form of student loan during their college career. After graduation, this debt can sometimes seem overwhelming; but fortunately, there are ways to relieve some of the debt and the stress that goes along with it. By following a few simple tips, you can avoid student loan debt, or at least make it more bearable.” This website provides many tips to avoid building up mountains of debt in college.
To sum up why college is worth it, it is possible to earn a lot more money by going to college then not going to college. With more money comes a much more comfortable life being able
Some may ask, is college worth it? How will I deal with debt from loans? Well, for starters, college is definitely worth it. College graduates earn more money, are more likely to get a job, and are more likely to receive benefits such as health care than those with lower education. Let’s start with the benefits of graduating from college.
On average, college graduates earn more money than those with highschool education. Higher income leads to a higher percentage of not living in poverty. Another reason why a higher income is so important: the costs of not going to college have risen. In 1979, 7% of highschool graduates were in poverty. In 2013 22% were in poverty (source #4). Andrew J. Rotherham states: “According …show more content…
On top of that, even though the average debt of a student going to college can be high, the costs for not going to college have also risen. According to collegeparents.org, “Millennials with just a highschool diploma are faring worse today than their counterparts in earlier generations by almost every economic measure examined.” In 1979 the median adjusted household income (in 2012 dollars) was 50097 and the percent in poverty was 7%. In 1995 the median adjusted household income was 45164 and the percent in poverty was 15%. In 2013, the median adjusted household income was 39842 and the percent in poverty was 22%. Debt is also avoidable if you plan accordingly. According to studentdebtrelief.us, “As a college student, there’s no doubt you may end up with student debt. Almost all college students will receive some form of student loan during their college career. After graduation, this debt can sometimes seem overwhelming; but fortunately, there are ways to relieve some of the debt and the stress that goes along with it. By following a few simple tips, you can avoid student loan debt, or at least make it more bearable.” This website provides many tips to avoid building up mountains of debt in college.
To sum up why college is worth it, it is possible to earn a lot more money by going to college then not going to college. With more money comes a much more comfortable life being able