College Degree Benefits

The cost of college has been gradually increasing for many years. This has been caused by building new buildings, renovating others and increasing on campus staff and teachers. Thus, it is making it harder and harder for students to graduate without some form of debt or loans. A majority of college students are taking out loans, with a small fraction of the population having $50,000 or more by the time they graduate($50,000 In Student Loans 1). Is a college degree really worth it? Should students have to pay this much for a college degree? A college degree will help you get a job unlike a highschool degree. In recent years the worth of a high school degree has gone down. Thus, making a college degree even more critical in this competitive work …show more content…
It can help you to get a better job with a higher salary. Statistics by the Economic Policy Institute in Washington said, “Americans with four-year college degrees made 98 percent more an hour on average in 2013 than people without a degree. That’s up from 89 percent five years earlier, 85 percent a decade earlier and 64 percent in the early 1980s”(Is College Worth It? 1). This statistic shows that people with a degree make significantly more money than people who do not have a college degree. With a college degree comes an expansion of job opportunities. When a company looks at the resumes of job applicants, the company is more likely to hire someone with at least an associate's degree than a person with just a college degree. Earning a four year degree can be expensive, however, it does pay off in the long run. “ Mr. Autor wrote in the journal Science [and he said,] the true cost of a college degree is about negative $500,000” (Is College Worth It? 1). This means, over the years of having a well paying job, the cost of college or more that free. This is possible because, the job you earned with the degree covers more that the cost of your college