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. Though there are many individuals who believe that college is not for everyone, attending college and getting a higher education can open the gates to many tremendous life changing opportunities such as becoming healthier, begin able to secure jobs, and earning more financially.
1 reason many young adults drop out of college is an inability to juggle school and work” (Johnson). Finishing college is the most decisive forecaster of prosperity in the workforce and the inconsistency in college completion between children of rich and poor families duplicated since the late 1980s (McGlynn 55). 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
Is college still worth all of the time, money, and effort put into it. 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).
Economic pressure is one of the top pressures that college students face. 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.
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. With the weight of student debt on a person’s shoulder, they are less likely to be financially successful in the future.
Getting a college degree is considered as a must. 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? Of course there is many other choices like scholarships, many people apply for them but not everyone is lucky enough to receive them and are still forced to pay the thousands of dollars for tuition.