The Importance Of Having A College Education Essay

In the world we live in today. Going to college is no longer a choice, or privilege, but rather a need for a brighter future . So the big question that happens to be going around is, “Is College really worth it?”According to Andrew J. Rotherham’s article “Actually, college is very much worth it.”, “5 Ways Ed Pays”produced by (The College board), and “Why College Isn't (And Shouldn’t have to be) For Everyone” written by Robert Reich. The answer to that question is yes.

There is many people that go to college, but because of the cost they don't get through college. The elevated costs of college cause not only students to struggle paying for college, but also to struggle financially paying for college when they are done. In many cases, after graduating, young adults who don’t find a job will become poorer, increasing the gap between the rich and the

Today it is becoming increasingly harder to graduate college without student debt. A staggering number of nearly seventy percent of students that have a bachelor’s degree leave school with debt. Which can have major consequences for the U.S. economy. This debt may be preventing Americans from making bigger purchases that drive economic growth (Berman).

Being that America is still in an economical downward spiral, college has gone from being the place where one can reach their their dreams to a place that you will be paying for most of your adult life. There are many people that believe it is a waste of time to go to college because majority of the time you are not going to use your degree and you will still have to pay thousands of dollars over the course of your adult life. Many people believe that it is better to go to a trade school because it is somewhat guarantee that you will have a job working in your field of choice.

According to Henry Bienen, president emeritus of Northwestern University speaking as a panel member in an Intelligence Squared debate “Too Many Kids Go To College, “. . . more years of school, post-secondary, are positively correlated with earnings over one’s lifetime, and also correlated with lower rates of unemployment and shorter duration being unemployed when a higher degree is obtained. ” (8) The American middle class is rapidly shrinking. More and more people are dependent on their own earnings in order to just be able to meet their expenses and survive. They have no family that is able to support them if they don’t make it on their own.

Money is the basis of living , even people with lower income degrees could support themselves before the cost of tuition went up drastically. However, when you add student loans in the mix , debt over takes the standard of living. Ellison has heavy focus on this because he wants to highlight a big reason why free tuition can be beneficial for people in the long run. He believes if free tuition was put in place , every college graduate, lower income or higher income, will be able to live within their

Having free tuition for college means that more people who cannot afford it now, would end up going. This is a good thing in terms that more people are getting a good education and continuing their educational careers to hopefully obtain good job, but it also decrease the value of a college education. If more people are able to earn degrees, it devalues them. Finding jobs even with their qualifications would be difficult (Should college be free?). This idea would also apply to the students, mainly student-athletes, that work for multiple years to try to perfect their skill and obtain full or half scholarship.

In today’s society, many students will go on to receive a higher education after high school, but is the cost of having a higher education worth it? In 2017, the average college graduate accumulated more than 34,000 dollars in student debt (Dickler). ADD. Student loan debt creates early financial difficulties for young adults, leading to many mental and physical issues from stress and overall hurts the economy.

However, more and more students are now opting to join trade schools instead of colleges after their schooling. It is increasingly being considered as a better option than college. This is partly due to high costs of college education these days as well as the students wanting to learn more and better than they can in colleges. College education is lengthy and a bachelor’s degree usually takes four years to complete.

When an average college graduate graduates and starts working they don’t earn as much as they should. College graduates are forced to pay the loans they were granted and this affects them and the economy. The economy is affected in many ways many people cannot buy cars or houses because a large portion of their income goes straight to the student loans. As of today we have $1.2 trillion of student loan debt and those numbers will just keep increasing. Making college tuition free will cost an estimate of $30 billion a year and we are able to afford this so why not enforce it?

Brink Lindsey, the Cato Institute 's vice president for research, writes about not only the importance of a college degree, but also the financial strain it has on the families funding it. Brink Lindsey, has written that the income of college graduates has risen from below 50% in 1980 to 85% in 2008, and those without an education are barely able to attain a menial income, insufficient of their needs. “Tuition costs have galloped far ahead of inflation, while many in the working class have seen their incomes stagnate or slip” (Lindsey). “A lack of money is the

America is well known as the land of opportunity for many people who dream about having a better life and wanting to attain their American Dreams as their ancestors once did, but are everyone given that equal right to each opportunity? According to the Cambridge English Dictionary, equal opportunity is defined as “the principle of treating all people the same, and not being influenced by a person’s sex, race, religion, etc”. Therefore in my opinion, I do not think America is really the land of opportunity for all people equally. As mentioned in the Declaration of Independence, every American is entitled to the rights of life, liberty, and the pursuit of happiness to establish equality, but society has taken away our rights. In the world today, many Americans have

William Butler Yeats once said, “Education is not the filling of a bucket but the lighting of a fire”. Yeats, a famous poet of the 20th century, understood that the benefits of an education do not just end after it is through, like when a bucket gets filled to the brim. Instead, they spread into all aspects of one’s life like a wildfire, and can change the course of one’s life forever—especially if one pursues higher education. A college education is extremely valuable to ensure a successful future.

The Impact that Race and Class has on Wealth America is a place of potential opportunity and success. There is a possibility of prosperity for everyone, no matter one’s race, social class, or ethnicity. However, success is more easily achievable for white Americans. People of color in America have struggled for centuries with housing, jobs and education all due to their race. Even though it is not just, white Americans have had the upper hand simply because of their skin color.