Summary Of Should Everyone Go To College By Owen And Sawhill

739 Words3 Pages

In the essay “Should everyone go to college?” by Owen and Sawhill published in They Say I Say, Owen and Sawhill talks about how people with a degree benefits more than someone without a degree. After reading the essay, the author proved me to be right with the amount of success that comes with having a college degree versus a high school diploma. Individuals with a college degree beat an individual without a college degree in every category. Although, Owen and Sawhill speaks about the benefits of having a college degree, the authors do not think college is for everyone. Owen and Sawhill use salary comparison, throughout the essay, between college graduates with a four-year degree and individuals with only a high school diploma, to describe the …show more content…

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.