College Education In The United States

Higher level schooling in the United States has changed tremendously from colonial times to now. College education have expanded from the elite privileged to an essential part in today’s society for getting a high paying job. Whether it’s obtaining a neurologist career or a desk job in an office, more than half of the professions in the country require some type of college degree. That is why acquiring a degree is a vital part of establishing a good future. It shouldn’t come to a surprise that people who have a college degree earn more money than ones who only receive a high school diploma. On average, a college graduate with a bachelor’s degree earns about $30,000 more per year than a person who graduated high school, and an estimate of $500,000 moreover a course of a lifetime (thehamiltonproject.org). Although there are some lucky folks, including Bill Gates, who became a billionaire with just a high school education, it is highly unlikely that many people will end up that way. New York Fed stated that college graduates earn over 80% more than their peers who haven’t attended a university or those who didn’t finish grad school. Which comes to show the positive aspect of putting in your money on a gamble such as college. …show more content…
College is supposed to give you independency and further your learning so you can live on your own. Student debt loans, however, can cause various setbacks including delay in marriages, being financially independent, having to live with parents and numerous other adult milestones. However, these delays will eventually turn around and be worthwhile in the long run. College graduates have higher employment rates than those who chose not to go to college, which speeds up financial stabilities for them excessively. Not to mention, people who graduate with a bachelor’s degree are more likely to end up with a full-time high paying job than someone who is a high school