Even With Debt, College Still Pays Off By Gillian B. White

Are there financial gains or losses from attending college versus not attending college? Many believe that college is important for future success because it can provide more experience and career advancement rather than having no diploma, while others believe that college is not important for future success because it can create debt and cause stress. Although college can have a negative financial connotation, the reward over time can be more fulfilling.
A college diploma can give one the flexibility of where they would like to work and give them the opportunity of having a higher salary than those without a diploma. Author Gillian B. White wrote the article “Even with Debt, College Still Pays Off” to inform readers of the many privileges

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. 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. Reich does not address the many ways to decrease tuition payments, like scholarships, grants, commuting, financial aid, and choosing less expensive colleges. Once again, White solidifies the benefits of college when 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). This means having a degree gives you the ability to make at least an extra $450,000 over the span of your career, not including additional promotions that you would be eligible for based on your degree combined with work experience. White’s affirmation additionally indicates how a college education can lead to a better future. Although Reich had some valid arguments, there was little evidence to support them because the issues he addressed were temporary. A well-researched and planned-out financial plan for college can be very rewarding because it can take you a lot further