What Is College Worth It Essay

Is College Worth It? I think we all can agree that getting an education is a vital process that is crucial for being successful in our society, but does getting a college education guarantee one’s success? I know, with the cost of a college degree rising 1,120% within the past 30 years, many of us do not want to wait and find out ourselves. Although getting a college education may not guarantee one’s success in the job market, one thing that comes with a college education is almost certain; thousands of dollars in debt. 2 out of every 5 loan borrowers are delinquent at some point within the first 5 years of repayment according to the Institute for Higher Education Policy. This shows that almost 50% of people who take out loans are having some sort of trouble repaying it. With an accumulative amount of 1.2 trillion dollars in debt that students get themselves into a year, I am not surprised. This brings up the question: Is College worth it? A College education is an investment all on its
“It’s a tough job market for college graduates, but far worse for those without a college education,” says Anthony P. Carnevale co-author of the study conducted at Georgetown University’s Center of Education and the Work Force. During the Great Recession in 2007, Millions of jobs vanished from the job market, but students with bachelors degrees who had jobs did not decline (International Business, Times). At the same time, the 55 percent of high school graduates who did have jobs even before the recession, fell to 47 percent after it (Perez-Pena Richard). As if people without a college education didn’t have it hard enough already. Now the amount of jobs that require a college education is on the rise, while people without a college education are being left in the