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Higher Education Proclamation Essay

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Higher Education Proclamation Bill Gates once said, “I would counsel people to go to college, because it is one of the best times in your life in terms of who you meet and develop a broad set of intellectual skills” (n.d). This quote demonstrates the benefits of college and the impact on a person's life. The quote encourages the reader to go to college for the experiences and skills they will gain. The decision to go to college is a very influential and important decision in a person’s life. The decision can affect future income, debt and a successful life as a whole. How one's life unfolds hinges on this choice. The investment in a college degree results in a more successful life because of the better income and experiences. …show more content…

As said by J. R. Abel (2014), “ However, an analysis of the economic returns to college since the 1970s demonstrates that the benefits of both a bachelor’s degree and an associate’s degree still tend to outweigh the costs, with both degrees earning a return of about 15 percent over the past decade” (para. 1). Having a bachelor’s or associate’s degree has historically given graduates an advantage over those who did not go to college. This could be because of the worth of a collegiate diploma in the workforce. Again and again, starting in the 20th century, we see that those who do not go to college have an uphill battle when it comes to getting a stable and reliable profession. Without a profession, supporting a family or chasing your dreams is nearly impossible. According to J. Wanner (2015), “We employ data from the March CPS for the period between 1964 and 2011 to compute the present discounted values of a college degree and high school diploma for different percentiles of income distributions in both education categories. We find that for a median income individual net value of a college degree is always positive” (para. 1). This excerpt explains that since 1964, the average income of a college graduate is always positive, despite student debt. So, the benefits of a college degree in the workforce have historically given graduates stable income. Overall, the benefits of going to college have consistently outweighed the cost throughout the past

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If we apply this 10 percent rate to the median earnings of about $30,000 for a 25- to 34-year-old high school graduate working full time in 2010, this implies that a year of college increases earnings by $3,000, and four years increases them by $12,000. Notice that this amount is less than the raw differences in earnings between high school graduates and bachelor’s degree holders of $15,000 (Owen, 2013, p. 1). Anthony Carnevale and his colleagues at the Georgetown Center found that 14 percent of people with a high school diploma make at least as much as those with a bachelor’s degree, and 17 percent of people with a bachelor’s degree make more than those with a professional degree (Owen, 2013, p. 4). The expected earnings (median full- time earnings times the probability of being employed) of a young college graduate with a theater degree are about $6,000 more than the expected earnings of a young high school graduate. For a young person with a mechanical engineering degree, the expected earnings of the college graduate is a staggering $35,000 more than that of a typical high school graduate (Owen, 2013, p.

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The article “Is College Worth the Cost? Many Graduates Don’t Think So” by Jeffrey J. Selingo describes that most of the graduate students’ who had already completed their four years at a university and earned their bachelor’s degree are in debt for over a couple of years paying off their education. As stated by Selingo, those students that got a higher education are likely to be unemployed because the unemployment rate for college graduates is still at 9 percent, which makes it difficult for students to start paying of their debts. According to the Federal Reserve Bank of New York, the wage of college graduate workers has declined about 10 percent for the first time. Even if the college graduates do start working right after finishing their education most of

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It also includes that college graduates who actually graduate with a four-year degree are more likely to get paid more hourly than they did before. One of the major downfalls was that they aren't getting paid the wages that they should be. Therefore, pursuing a college career and attending a university is worth it. It creates the opportunity to expand their education. They will get paid more, rather than

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The rising question of whether everyone should attend college is examined by Stephanie Owen and Isabel Sawhill in "Should Everyone Go to College?" According to Owen and Sawhill, “For the past few decades, it has been widely argued that a college degree is a pre-requisite to entering the middle in the US”. By this quote, the author means that in today's world a college degree does not always mean that you will become rich and get a successful job. The authors examine numerous studies to identify the factors that lead people to be picky while selecting the correct college. For instance, the authors indicate that an extra year of education raises earnings by about $3,000 per year.

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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

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College graduates have better job security and more job opportunities, which means they are more likely to have stable employment and earn a higher salary. Additionally, the quote highlights the importance of investing in education to reap rewards later in life. Therefore, attending college is an essential step in achieving success in the workforce and securing a better

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The Value of a College Degree Having a college degree is arguably one of the most important things you can achieve in your lifetime. In today’s society, it is getting much more difficult to survive without one. Most places of business that offer substantial wages and benefits require some sort of college degree. This is a problem for most people in the United States due to the fact that only 17% of the U.S. population has earned a college degree (Odland).

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In conclusion going to college is very much worth it. Getting a degree will not only improve the quality of a job’s pay substantially, but make the job search extensively easier. Knowing this students of all ages can make the right decision when deciding whether or not college is the right choice for them. So as a nation let's build ourselves to be better, richer and smarter people by making the right choice when it comes to our education;

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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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, “Experts that have researched the performance and job success of college graduates have concluded that, nationwide, college graduates with a bachelor's degree earn 74 percent more per year than those who only complete high school.” This seems very logical when you look at the big picture, having furthered your education will open you up to more jobs that that require more education that will most likely pay more. The University of North Texas in their article “Why Go to College?” shows a graph from The U.S. Census Bureau that shows a professional degree could earn you around 4.4 million dollars compared to less than a high school diploma could earn you around 1 million dollars for a whole worklife. Seeing

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Although a degree is not essential for those looking to work in the more hands on fields of work, such being a plumber or an electrician, degree holders can look to not only make more, but to also fulfill more brain satisfying tasks in more intellectual fields of work. Even with that in consideration, a degree can help those that work in fields where holding a degree is not commonplace. “Construction workers, police officers, retail salespeople and secretaries, among others, make significantly more with a degree than without one.” (Leonhardt)

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