Analysis: Is College Really Worth The Cost?

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Is College Really Worth the Cost? Most American goal in life is to earn a living when they come out of high school. But, maybe it isn’t really necessary that high school graduates need to feel ad if they are being rushed off to college. People who are hustled off to college discover that they would much rather be learning how to build things or fix things. College students and graduates are facing debt, unemployment/ drops in wages, and some would rather learn with their hands. Many college graduates are facing unemployment, leaving students and parents to question if college is worth the cost. The answer is no. Student debt has significantly increased. “If you get this wrong, it’s actually a mistake that’s hard to undo for the rest of your life”(Peter Thiel co-founder of PayPal). Peter Thiel is explaining that today 's students are taking on much more debt, due to recently tightened bankruptcy laws that have made it more difficult to get out of debt. These factors make high education a risky investment. If you go to college and end up getting nothing out of it;then, it …show more content…

“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. For young college-educated women, hourly wages fell from $19.38 to $18.43 over the same amount of time. Now, with unemployment being at 8%, it will be likely years before young college-educated graduates, or any workers, see substantial wage