Is College Really Worth it? Many college graduates are currently unemployed, which has left many parents wondering, is college really worth it? Some parents believe that college prepares students for more than a job or career, and others don’t think it’s worth the cost. Recent studies have shown that new college students are losing ground on wages by the time they graduate, higher education is becoming a risky investment, and most students are better off developing their own “lower-risk” business. These studies have proved that college is not worth it in the long run. College graduates are beginning to have high expectations on their wages earned. New college students are losing ground on wages by the time they graduate. Many are working hard to earn a degree, going into debt, making sacrifices financially. But, the lack of wage growth is affecting them after college. Hourly wages are dropping and “it will likely be many years before young college graduates-or any workers-see substantial wage growth” (Source C). Since wages have dropped it is becoming pointless to get a degree due to the amount of debt and stress caused. Even though, we need to learn, higher education is becoming a risky …show more content…
The value of college debt is almost equivalent to developing a small business instead “a co-founder of PayPal, will pay each of the 24 winners of his fellowship $100,00 not to attend college for two years, and to develop business ideas instead” (Source E). If more than 24 people did that for themselves, they could make a good investment instead of a risky one towards college. Wanting a higher education means that, “Students today, are taking more debt, and recently tightened bankruptcy laws make it more difficult to shake that debt” (Source E). Therefore, making a useful investment, instead of a risky one can help get rid of debt quicker and
“As college students head back to the classroom this semester, a harsh reality confronts them - the rewards for the time, energy, and money that young people put into college are less than they were a decade ago”(Source C). Young college graduates have seen wages, deteriorate. This lack of wage growth has been surprising to those who have read about the ast unfilled need for college graduates. After gains in the 1980s and 1990s, hourly wages for young college graduated in 2000 decreases. For young college-educated men in 2000 hourly wages were $22.75, but almost dropped a full dollar $21.77 by 2010.
Is college worth it? Recently people have debated endlessly over this juggernaut of a question. Whether it's worth the debt and the added 4 years of stress and insanity when discovering the perfect future. There are many antagonistic claims that prove each other wrong but in the long haul college offers loads of added benefits that come into play when looking for a steady high paying job. Therefor proving that college is worth it because graduates tend to make higher salaries and prove to be more employable than those lacking a college degree.
You must understand that most people that go to college do not get the degree they want in the timespan they are hoping to get it “only 21% of first-time, full-time students earn an associate’s degree within three years” (Weise). many people don 't finish college even when paying all the expensive costs ,“The 2013 6-year graduation rate for first-time, full-time undergraduate students who began their
Is College the Best Option College is a place that people go to study in and get their degrees. College helps students get educational and be more knowledgeable. Also, it teaches them who to take responsibilities and do their works. College helps students and gives them a degree which will help them get a better job. In my perspective college is the best place for people to go and get their degrees.
The total U.S. student loan debt now surpasses $1.2 trillion and there is more than 40 million recipients owing on federal and private student loans (Malone). Most of the college students in the United States can’t afford their education by themselves and, as a result, students end up drowning in student loans in order to earn a degree. Student debt is a major problem in the US, and it is a major influence on the gap between rich and poor. A more accessible college education would help reduce the gap between rich and poor in the United States.
At (blog.uncollege.org) it says, “The cost of college has skyrocketed in recent years. Attending a decently ranked university can easily cost upwards of $100,000.” Some People thought of not spending money on college but to go skip and go straight forward into life. But what I’ve seen in the success of college, are things that you earn and get rewarded for and you live life way easier. There is more to it than just getting a great job and getting more money after you graduate from college.
To earn stable pay for most jobs you need to at least get your master in said degree. People should not be motivated to join colleges from the same pay grade, the time it takes, and the prohibitive costs it involves. Even though people earn a college degree, people who do not have this degree are making the same pay grade. “The pay of people with a four-year college degree has risen compared to that of those with a high school degree but no college credit” (Leonhardt 33), this example helps prove that the jobs that do not require a degree allow them to make the same amount as if they did have a degree. Using this information based on how college and workforce pay have begun to become
The financial burdens that college leaves with the families and students needs to be addressed as student loans keep racking up over time. The cost of tuition for colleges has risen drastically over the years and has bounded students to only one or two college choices to choose from and at some points tearing away the opportunity to go to their dream college. However, one reason college has driven up in price is because the value it brings with it’s degrees, but it should not limit those who can not afford the worthy degree. College should be cheaper as it will ease financial burdens and broaden the choices of those wanting to attend
Is college worth it for student getting out of high school? I think that college isn’t worth for students out of high school, because of the cost of college, there are other options instead of college, and the employment rate of college students. I will also provide the opposite side of the cost of college, there are other options instead of college, and the employment rate of college students. In the next paragraphs I will tell you why I think college isn’t worth it to a high school student anymore. The first thing that I want to bring up is the amount of money needed to go to college.
Since tuition has risen 3 times higher the rate of inflation in the past 10 years, this increase a student’s chances of not being able to afford higher education and also gives them a better chance of accumulating debt post-graduation. Some people think that the college education they acquired did not fit the amount they paid for it, even if they pulled out loans or were an ideal candidate for a scholarship. This is a scary fact because higher education can determine if you thrive
Not only does college allow students to earn enough money to provide for their families, but it also lessens the financial strain they may feel. Additionally, college greatly increases graduates’ wage potential while improving their financial status. In his article “The Importance of a College Education,” author Mark Heckler cites the Center on Education and the Workforce at Georgetown University when he states, “people who earn bachelor’s degrees and work full-time can expect to earn 84 percent more than their peers with a high school diploma over their
Living where we live, you begin to comprehend that living off of $11.00 per hour including with your family will never suffice your needs. Getting a college degree can ensure the graduate a higher chance of being able to earn more financially. In the article “Why College Isn't And Shouldn't Have to be For Everyone” by Robert Reich, he states that “A degree from a prestigious university can open doors to elite business schools and law schools-and to jobs paying hundreds of thousands, if not millions. ”Even though Reich’s article is on the opposing side of the argument, he fails to overlook the fact that in the long run having a college degree will, and can open doors to many new opportunities. One of those opportunities is to be able get a well paying job that can earn more than the average non college graduate.
College education doesn't guarantee employment. In 2012, there was a lot of evidence suggesting the education to work link being broken. (Allen, 2011) A lot of college graduates are searching for work today. A lot of college students feel that college is a waste of money.
A rising issue in today’s society is deciding whether or not college is worth the cost. There is an extreme amount of pressure that is forced upon high school students by parents, teachers, and peers to further their education and attend college. However, there is research that challenges the thought that college is the best possible path for a person to take. College may be a great investment for some people, but it is not meant for everyone. This is supported by the arguments that colleges are expensive, jobs do not always require a college degree, and students are forced to choose a lifestyle before being exposed to the real world.
As a High School Junior looking at jaw dropping tuition prices, my family and I often ask ourselves a question I’m sure many other American households are challenged with: Is a college degree actually worth it? Once you look past the recent unemployment rate for college grads, you’ll find that a college degree proves to be highly beneficial once placed in a career. Degree holders often enjoy benefits such as higher pay, higher-skilled work, and an intellectual advantage over their coworkers that do not have a degree. These benefits often outweigh the seemingly outrageous cost of college, making the price tag more than worth it.