Did you know that college graduates that achieved a college doctoral or higher had an unemployment rate of 2.2%? College can be very beneficial, emotionally and financially, because it can help you reach the dream job you are aiming to obtain. For example, college is favorable because you could gain a higher-paying job, such as being a doctor or lawyer. Going to college means having better career stability and job security, like having a steady job that is stable for your own family and yourself to be comfortable. A college education is extremely valuable because you can gain more money to support your family and yourself, such as a job with higher salaries. It's also extremely valuable because it can help you find your passion, gain opportunities …show more content…
Andrew Rotherham claims in the article “Actually College Is Very Much Worth It” that children from low-income families gain more by going to college than children of the wealthy lose by not going. Andrew Rotherham states that “According to the Bureau of Labor Statistics, in 2010, the median weekly earnings for someone with some college but no degree were $712, compared to $1038 for a college graduate. That’s almost $17,000 over the course of a year and there is an even bigger divide for those with less education. College graduates are also more likely to be in jobs with better benefits, further widening the divide.” This quote shows evidence that people are more successful than a person with no degree compared to a person that graduated college with one. This supports the idea that college is supportive financially like jobs that pay high that is to support not only your needs but your own family …show more content…
According to Robert Reich “Even if they get the degree, they’re stuck with a huge bill, and may be paying down their student debt for years. And all too often the jobs they land after graduating don’t pay enough to make the degree worthwhile.” The quote shows that even with a certain degree you would still have to pay a huge sum of money that you might not be able to pay off, which leads to more and more debt. Even though there is solid evidence that college is not worth it and that it takes up too much money to even get in, college can give you more support. Such as how it earns more than a high school diploma and how graduates could earn a higher amount of money. According to the article “Even with debt, college still pays off,” Gillian White says “For those attending private four-year colleges, cumulative debt amounted to about $31,200. But even with those high loan totals, the value of a college degree still holds up, says Carnevale. “The truth of it is that college is still worth it. It's just that most people can't afford it.” When you add up the premium that college grads benefit from, which can amount to upwards of $10,000 each year, and multiply it by a career that lasts for about 45 years, the cost of a college education is well worth it.” The quote explains that the most
Is a college education worth the significantly large costs? Many students, teachers, and parents believe that a college education is more meaningful in today's society than ever before. College graduates not only have more personal gains, but also have better financial stability than those who did not attend college. College education is the key for many people to reach their dream jobs, these jobs often have higher pay, with more benefits, as well as more freedom of career choice. Firstly, college helps graduates become better thinkers, as well as teaches students skills that employers look for when hiring new employees.
CNN claims that “you will have earned enough money to repay the cost of your degree and make up for your time out of the workforce by the age of 34.” (Lobosco)With that said, it typically takes people with debt 10 years to pay off all their student loans from a bachelor's degree. An average Missouri graduate accrues $28,713 in debt, with a debt-to-income ratio of 56%. (Student) Some people join the military to help with college funding, others have parents who pay for their college expenses, and there are scholarships and grants that can help students avoid debt.
It is no secret that college tuition can weigh heavily on many families. Robert Reich emphasizes this in his article “Why College Isn’t And Shouldn’t Have to Be For Everyone”. In the article, he addresses the heavy bill college students are left with at the end of their education. He lists the “many” reasons college isn’t always necessary but fails to reveal the long-term effect of not having a college degree.
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.
Although it is proven that college graduates make more money than early-career workers with high school diplomas, many jobs don’t need college degrees. “According to the Federal Reserve Bank of New York, 46 percent of recent college graduates were in jobs that don’t even require a college degree” (Why College Isn't (and Shouldn't Have to Be) For Everyone). Lots of young people would “rather be doing something else, like making money or painting murals”. So, the money and time spent on college are not worthwhile for a degree that is not vital to a
In the article, “Is College Worth It? Clearly, New Data Say” by The New York Times explains that college is more valuable than ever. The New York Times explains how "college graduates are feeling more overqualified for the job that they do. " Due to the fact that they are not getting paid as much, as they would at a job using their degree.
people in the 21st century think that in order to be successful one should spend thousands on a college degree and spend four to eight more years in school. For example in the article it states “Construction workers, police officers, plumbers, retail salespeople and secretaries, among others make significantly more with a degree than without one. why? education helps people do higher skilled work, get jobs with better paying companies and open their own business” (Source, D). Since many people believe that getting a degree helps you make more money, here is an example to refute that piece of evidence.
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
To begin with, going to college can help people gain greater wealth. In the article, “Five Ways Ed Pays,” its stated that “you can earn up to 22,000 more per year” (“Five Ways Ed Pays”). High school graduates will have a much harder time finding high paying jobs without a
In Rotherham’s article he says “According to the Bureau of labor Statistics, in 2010, the median weekly earnings for someone with some college but no degree were $712, compared to $1,038 for a college graduate. ”the evidence provided clearly shows that getting a higher education and investing time and money into getting a college degree can result in earning more financially for people to support themselves and their families. The opposing side of this argument might say that “even though begin a college graduate, and having a degree can lead to finding well paying jobs. Graduates are often left drowning in
There is an ample amount of information that leads people to believe that college is a great choice. In Source F, it is shown that, “Adults who graduated from a four-year college believe that, on average, they are earning $20,000 more a year as a result of having gotten that degree. Adults who did not attend college believe that, on average they are earning $20,000 a year less as a result.” Also, provided in Source F, “...55% say it [college] was very useful in helping them prepare for a job or career.” While these statistics are true, the negatives still outweigh the positives.
Gillian B. White’s “Even with Debt, College Still Pays off” greatly debunks that myth. Her essay proves over multiple instances that going to any form of college eventually will pay off economically. She says: “When you add up the premium that college grads benefit from, which can amount to upwards of $10,000 each year, and multiply it by a career that lasts for about 45 years, the cost of a college education is well worth it” (White 413). While college may be a great deal of debt at first, it slowly becomes less and less of an issue because your college experience substantially helps increase your pay. “According to the study, a recent college graduate has median earnings of about $37,000, which is about $1,000 more than an experienced worker aged 35 to 54 who only has a high-school education.”
College is useful to those who want a job as a lawyer or doctor. Those who want to be a plumber or electrician will benefit more from job training than getting a degree that they need to
College is there to help improve your financial income, but it seems more often than not, students get dragged down by debt from the loans that helped them get in. “Taking out loans to finance a college education has left many young people in a position similar to that of the first Europeans who came to America as indentured servants.” (Williams) Jeffrey Williams hits the nail right on the head by stating the severity of student loans and the debt that follows up. After they finish their degree, those who finished college have to worry more about paying off their debt then they do their rent, and that is if they even can.
It is the stepping stone that allows students to open doors to careers and new life professions but it comes at a high cost. A college education helps students open doors for careers that require degrees and offer more money, it allows students to grow personally as well as