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Worth The Cost Of College Education Essay

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As the price-tag of a college education continues to increase, the value in which it possesses decreases. This is what is known as an inverse relationship, leading us to the trillion-dollar question – is college worth the cost? A college education in 2017 is not worth it in part of the unnecessary amount resources it takes such as time, energy, and money, skilled labor is important to society, and if a degree is in a large demand a bubble will form and collapse. However, some may argue that a college education generally produces a better quality of life. While this is true in some instances there are many variables that play a role in how successful a person is, and the worth of a college degree is steadily decreasing in modern times. College costs not just money, but at least 4 years out of your life and energy that could be instead be spent on work. According to the pew and social demographic trends in 2011, out of about 2000 adults, 48% claim cost is the main catalyst for not attending college. Furthermore, 57% say they would prefer to work instead of attending university. According to MarketWatch.com, the graduating class of 2015 has the most student debt in U.S. history, with over $35,000 per student on average. This expanding figure is a representation of the unnecessary cost of “making a living” in the …show more content…

and global economy. Jobs such as mechanics, construction workers, plumbers, and electricians are much needed and don’t require a degree. Matthew Crawford of the New York Times explains how “some people are hustled off to college, when they would rather be learning to build things or fix things.” An article that explains how some young people have a natural inclination to fix and repair, regardless of a college degree. On the flip side of this, we can see with Peter Thiel that some highly talented and intellectually curious students seek entrepreneurial paths rather than the default college

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Many people argue if going to college is worth it or not. They question if the decision of investing Their time and money on college is going to be the right decision for them. Will it payoff with success, and leaving them richer than an average highschool graduate?. Well in David Leonhardt’s “Is College Worth It? Clearly, New Data Say” and Chris Matthews’s “Why college isn't for everyone, explained in a single chart”, They both talk about that, if college is worth it or not.

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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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The cost of college matters as well: the more someone has to pay to attend, the lower the net benefit of attending. Furthermore, we have to factor in the opportunity cost of college, measured as the foregone earnings a student gives up when he or she leaves or delays entering the workforce to attend school.” Using average earnings for 18- and 19-year-olds and 20- and 21-year-olds with high school degrees (including those working part-time or not at all), Michael Greenstone and Adam Looney of Brookings’ Hamilton Project calculate an opportunity cost of $54,000 for a four-year degree”. (Owen, Sawhill, 2013, p. 1) $54,000 may sound like a lot of money, but there are so many ways a person can pay for college. People can work their way through school, earn scholarships and grants, and if take out a loan.

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According to a recent study presented by Tami Luhby in her article, “College Grads are Getting Nearly All the Jobs,” the relationship between a college education and success is very evident. Of over 12 million available jobs created after the Great Recession, 8.4 million were occupied by people owning a bachelor’s degree and 3 million jobs were given to those with an associate’s degree or some other form of college education. Through

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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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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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I believe that college is worth the cost if you are determine to succeed, if you don't want to be there you won't put your 100% into it. If you aren't going to put your best foot forward you shouldn’t waste your time or money. Considering that, if you want to go and put all your effort into your work and you want a career that you need a college degree for, it is definitely worth the cost. You should do what you feel is best for you and what you will succeed more in. In college you learn to be independent and you flourish.

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Why College isn 't Worth the Cost When you grow up, you get pressured into believing that college is the only way to succeed. However,there are other options unless you want to waste your time and money on something that you 're not so sure about in the future. College is not worth the money you’re supposed to pay for. College isn’t worth the cost because many students do not complete college, College is expensive and there is no time for a job, you can achieve your goals without college With the right mindset and motivation, you can achieve any of your goals without going the complicated way.

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Often we are raised to grow into hardworking individuals, which means finishing primary and secondary school and advancing to college. We get told things like “reach for the stars” in order to accomplish our lifetime jobs, but the one subject that isn’t mentioned is the amount of money that will put us in debt after our goals are fulfilled. If reaching for the stars means putting myself in lifelong debts, then I’d have to find another route to make my dreams come true. The cost that college provides has brought a great amount of money crisis upon college students.

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One trillion dollars- the national student debt in the United States has now surpassed one trillion dollars. To put that into perspective, Bill Gates would have to pay his entire net worth over eleven times to cover that amount. Knowing this, the solution seems obvious: students should attend cheap, public universities, so they can minimize their debt. After all, how different can the education at these schools be than the highly selective, private colleges? Still, some students are continuing to spend upwards of fifty thousand dollars every year to further their education at prestigious private universities.

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College Education Is Worth All The Costs College education is not something every young adult chooses to go through although it will better start one's career path. Students should invest their time and money into college education because it increases their salary, gives them more job opportunities along with higher chance of getting hired, and gives a higher chance on getting married, start and family and settle down than those who only have a high school degree. College degrees allow students to get more job opportunities and gives them a better chance of getting hired. Students with only a high school diploma have a much lower chance of being hired as many researches have been done and one specifically states, “Even though unemployment

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College is worth it if you are going to graduate school, but for people that are going to get a regular job, that doesn’t require a degree, college is waste of time and money.

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These studies have proved that college is not worth it in the long run. College graduates are beginning to have high expectations on their wages earned. New college students are losing ground on wages by the time they graduate. Many are working hard to earn a degree, going into debt, making sacrifices financially. But, the lack of wage growth is affecting them after college.

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With colleges becoming increasingly more expensive in the United States, high-school students in the US may start to question if they can afford college and if the price is worth it. However, college is the best way to learn about your dream career, make lifelong friends, and develop skills necessary to be a strong, independent adult. Others may argue that college is not worth it, but according to scientific studies, the best economic and financial decision is going to college.

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According to Jeje and Rodriquez , “Student debt in the United States has reached a record total of over $1.3 trillion. The average individual debt has now grown to $35,000, while wages barely keep up with inflation.” (6). Not everyone can afford to go to

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