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Cost Of College Education Essay

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According to a Georgetown research study, it will be necessary to have some form of a college education for approximately 63% of American jobs (Hsu). Why is it then that anyone would be disinclined to attend college? In order to have a successful economy in a society, there must be businesses present. Typically, the upper-class runs these businesses. However, creating and maintaining a thriving business is implausible without having an educated, well-rounded middle-class; the best way to obtain this education is through college. College is valuable schooling that helps immensely in later life. Even with student loan debt from post-secondary education, college is still worth the costs due to its economic impact and moral and life skills development. College graduates will consistently receive more income than high school graduates, regardless of whether a doctoral degree is obtained or not. According to Georgetown’s …show more content…

For example, according to David Meketon, a psychologist at Duckworth Lab, completing assignments and managing life outside of academics not only shows time management skills but also develops them simultaneously (Clark). College is never painless or stress-free but is almost always worth it in the end. The hardships any individual may experience at college are especially unique: papers, late-night study sessions, living without parents and making new friends in a brand new environment. In turn, this requires utmost usage of basic skills, such as time management, developing them to incredible lengths. With these newly-formed incredible abilities, college graduates venture into the open world better suited for life than most adults. College clearly benefits later life greatly, leading it to be worth the cost; this is best summed up by author Kelsey Clark: “For many, you just can't put a price tag on growing

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A college education is critical because it provides more opportunities to make money. College graduates make more money than people who did not attend college, the article “Even with Debt College Still Pays Off” by Gillian B. White states” overall recent college grads aged 22 to 26 have earnings that are 83 percent higher than early career workers” this is showing that college is the best path and you will make the most money. According to the graph Gillion b. White said experienced graduate degree holders make a little over 80k a year, making this amount of money after college outstanding. 80k is more than enough money to live and have a happy life.

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439 Words | 2 Pages

Furthermore, I am inclined to agree with David Leonhart and his article, “Is College Worth It?” because he explains that although sometimes the outcome of this investment is not completely successful, it is beneficial to 98%

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773 Words | 4 Pages

He argues, “Even if they get the degree, they’re stuck with a huge bill..” (Reich 398). Although it is true that college can leave many in debt, that debt can be filled with a higher-salary job obtained due to having a degree. The only inconvenience that can be found in a college education is the cost and temporary debt that will be seen as worthwhile in the future. There are so many factors that weigh into why college is essential, but very few logical arguments are against it.

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558 Words | 3 Pages

With this high cost of colleges, however, the learning environment should reflect the hands-on world that we live in. Source E also provides an example of another reason besides high unemployment rates that may make someone question the value of college. The author of this source explains how a company paid twenty-four students $100,000 to not attend college and instead create business ideas. In this program, students were able to put their ideas into the world at a quicker pace that they would be able to at a traditional college. This itself proves the high price of college doesn’t necessarily mean your ideas will be quicker, better, etc,.

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1022 Words | 5 Pages

According to Andrew J. Rotherham’s article “Actually, College Is Very Much Worth it. ”he states, “Meanwhile, in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates.” The data Rotherham provides shows that even with some college education, you have a higher chance of getting employed than those with just a high school degree. The one group that outweighs all the others is the college graduates proving that with a college degree unemployment is less likely to befriend people who do pursue college. Some people might say that there are loads of jobs that do not require a college degree, especially in this time and age.

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1509 Words | 7 Pages

The Cost of College in the United States of America Attending college leads to a devastatingly high financial cost for the majority of Americans. Even more devastating, however, are the hidden costs of college, deriving from the financial costs, which severely damage the overall happiness of the United States and its people. To combat this issue, numerous colleges have implemented tuition-free education throughout the country’s history. These efforts are being met with opposition from various taxpaying Americans. Although tuition-free college may raise taxes for upper-middle and upper class American citizens, the United States must still work towards a future with tuition-free college because it reduces financial stress, strengthens the United States itself by gaining public approval, and strengthens the economy.

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927 Words | 4 Pages

College is so much more than an education it’s an experience, but college does give you an education that you can be confident in. It will change the way you deal with money and change you as a person. There is an astounding pay gap for the graduates and the undergraduates. The people that have a degree are paid considerably more.

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846 Words | 4 Pages

Hanover College, University of Indianapolis, Purdue University are just three of the popular colleges in Indiana from which a student can choose; and they all seem different though they have some likenesses as well. When trying to decide which college to pick, a senior in high school has a lot to look into to make her choice. Typically, cost is a big factor unless you are part of the small percentage that are multimillionaires who can pay for it without help. So this is where scholarships, grants, and loans come in to play. After that it can be determined also by some questions.

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1019 Words | 5 Pages

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.

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462 Words | 2 Pages

The plan of going to college is an important value that has being instilled in teenagers worldwide. However, the biggest concern about attending college is the cost. Many often wonder if going the extra step is even worth the cost. When someone thinks about what he is paying for, the extra time and money, in the long run, will pay off.

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665 Words | 3 Pages

The cost of college has been pretty high these past couple of years. 65% of the students in the U.S go to college after graduating high school. Not all get to graduate from a college or a university. Only about 56% of the students get to graduate college. Tuition is only a part of college that you need to pay for.

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416 Words | 2 Pages

After WWII, college education was seen in a new light due to the passing of the GI Bill of Rights Readjustment Act of 1944. That act “provided veterans of WWII college education, unemployment insurance, and housing” (“Servicemen’s Readjustment Act”). Because of the government funding for students in college, the “percent of Americans with bachelor degrees…, rose from 4.6 percent in 1945 to 25 percent a half-century later” (“Servicemen’s Readjustment Act”). Along with those benefits came court cases such as Brown vs. Board of Education on May 17th, 1954. This case was about segregation in public schools in which African Americans were taught separately from whites with the same school materials.

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763 Words | 4 Pages

It is easy to think college is not worth the cost to become better, but getting educated makes people better, and happier in the future and sometimes even in better health (Leonhardt 25 ). Becoming a better and happier person is good for everyone. Even former President Obama says “‘Education helps us be better people. It helps us be better citizens. You came to college to learn about the world and to engage with new ideas and to discover the things you 're passionate about -- and maybe have a little fun’”

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583 Words | 3 Pages

The history of college education and tuition expenses is extensive. The first college, Boston Latin School, opened in 1635 (Jacobs and McMahon 3). In 1796, Thomas Jefferson proposed a tax- supported education system. Students could have attended Harvard in 1870 for $150 per year and Brown University for half of that (Staff Writers). In 1900, only 10 percent of Americans aged 14- 17 attended high school (Kingsley and Vance 2).

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1982 Words | 8 Pages

Page 3 1. Introduction: “The cost of college education today is so high that many young people are giving up their dream of going to college while many others are graduating deeply in debt”- Bernie Sanders Our educational system needs much more attention and help, then many people believe.

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