Money is used in our everyday lives and is needed to support us. When students decide on their major, the choice may come from how much money is made in that job industry. The more money made the better opportunity there is to support ourselves. People with a college degree typically make more money than someone with just a high school diploma. Data shows “The gap in annual earnings between young high school graduates and bachelor’s
“Is college worth it?”, was the question asked in the magazine, “Making Money” on August, 26th 2014. There are many different perspectives to this question. Kevin Short, from HuffingtonPost.com, says “Who says college isn’t worth?”. He proves his statement buy stating, “Workers with a bachelor’s degree typically earn around $300,000 more over their careers than workers who hold just a high school education”. Short continues on saying, despite the rise in the cost of education, it would still be beneficial to obtain a degree.
Although, that may be true studies have also shown that you have to work harder than others to get to that comfortable living place and college graduates are much more likely to be employed and earn more than those with a high school diploma. In my intermediate family not everyone went to college and today they still struggle to find a job that pays them well and can finance them for the things they wish to have. Where my eldest aunt went to college and earned her master’s degree and worked a job she loved that payed well and gave her the opportunity to live happy and comfortably. College does not prepare you for a life of bills and credit but it does prepare you for the profession you are aiming
In a recent study, researchers determined that college grads amidst a bachelor's degree earn a higher salary correlated to individuals amidst a high school diploma. Therefore, statistics concluded that a college that is competitive receive a substantial return on investments of a bachelor's degree by institution type. Depending on which field, thou decide as a career path and how many years of education it requires in earning a bachelor's
You can still get paid a big amount of money without going to college (Executive Summary). People that go to college and further their knowledge make 83% further than people who don 't go to college and are limited with knowledge (Even for Cashiers). People that want higher knowledge or to have a job that makes a certain amount of money normally go to college. If you have more knowledge than the people that don 't go to college, then you are more likely to make even more money by getting a higher paying job with the skills you have (The Value of Education). If a job needs someone they are going to take a person that has experience.
College tuition today is making students feel like the only way they will be successful after college is if they were already wealthy before they started college. Students feel like they are sacrificing their futures by getting a higher education. Instead of going into college with a positive mindset, they worry about how they will be able to pay back their student loans. There are plenty of students who need to take out multiple loans just to pay for one semester of college. The majority of students who have older family members didn’t have to experience the struggle that students have to face when it comes to tuition prices today.
Although debt is a bad thing, it is not unavoidable for everyone. People will fall into debt because not everyone has a solid financial backing. More than seventy-one percent of students graduating from a four year college are graduating with debt (A Look at...) . Setting a cap would cutthat percent far down so the students would have a chance to break even with the income they receive after college. Because there is no student loan debt cap, colleges take advantage of this or they set the cap very high so the students will keep having to pay the college for years.
Some students think that a four-year college degree is worth the expensive cost of tuition, but others feel it is not. Earning a bachelor’s degree is a great accomplishment, but going to a community college and beginning work sooner could be better financially in the long run. If a student graduates from high school but doesn’t go to college, they can start working at places
My second reason why I want to go to college is because I can get a higher income.I feel this is one of the most common reasons why a lot of people want to go to college especially their first reason.We all have bills to pay and food to buy so.People say money doesn’t make the world go round but in my perspective or maybe just in my life money does.Being a college graduate can give you a higher income something that a high school education or a full time job can’t get you.My dad always told me that if you just have a high school education or less you you have to do alot of work for a low income, but if you are a college education or higheryou have to do very little and get a higher income.Acording to the bereau of labor statics,a person with a college degree can earn as much as one million than a person with just a high school education.You might think that college is expensive but the outcome is better,dont worry about how much your college cost,books get finicail aid help get a job do whatever you can to get a college
should be considered because the amount of unemployment rates would reduce. A quote that supports this claim from Bob Samels is, “Not only is higher education seen as a key to economic advancement, but if all 18-24 year olds were in college, we would reduce the unemployment rates by two million people, and fewer people would be in need of government assistance.” Free college gives a lot of people the chance to go learn and get a career or job. With more people graduating, more people can go work and are able to make a living on their own. This benefits students and our nation because more students can start work and more people would be in the work force and helping the economy. If college was free it could attract more young people who are not suited for college and more students would major in jobs with little or no market value.
In the article, “Why College Isn’t for Everyone,” Richard Vedder writes, “A person who compares the annual earnings of college and high school graduates would no doubt conclude that higher education is a good investment—the present value of the college earnings premium (the better part of $1 million) seemingly far outdistances college costs, yielding a higher rate of return” (Vedder 78). College graduates make more money because college trains its students to be more responsible, mature, and ready for their careers. Graduates are willing to go the extra mile to learn and make financial sacrifices for the profitable
In Source C it states, “Among millennials ages 25 to 32, median annual earnings for full-time working college-degree holders are $17,500 greater than for those with high school diplomas only. That gap steadily widened for each successive generation in the latter half of the 20th century.”. This shows that people who went to college and got an education earn a lot more money than those who only have a high school diploma. When people are focused on their education and go to college they will be more successful, but focusing on college as a “country club” won’t get people successful. Continuously, in Source D it states, “High school graduates earn about 62% of what those with four-year degrees earn, according to a Pew Research Center study.