College has multiple financial benefits. College graduates earn more money than those with only a high school diploma. According to David Leonhardt, author of “Is College Worth It, Clearly New Data Say,” Americans with four-year degrees made approximately 98 percent …show more content…
The big economic return goes to those who have earned a four-year degree (Leonhardt). A great deal of people think that a two year college will suffice, but without at least a bachelor’s degree, college is not worth the time or money. Aside from earning more money, those who graduated from college also have a higher chance of getting a job than those who only have a high school diploma. In Patrice Hill’s article, “College Grads Find Big Decree of Debt, Difficulty,” John Silvia, chief economist at Wells Fargo Securities, said that, “A growing share of jobs in the economy use some cognitive thinking, and these jobs tend to require a college degree.” In fact, according to the article “Is College Worth It?” published by the Pew Research Center, 13 percent of those without a college education said they applied for a job and were turned down because they did not have a college degree.College degrees seem to now be a necessary requirement in the workplace. Several deem college as too expensive, but in reality college returns interest. According to Catherine Rampell, author of “College Graduates Fare Well in Jobs Market, Even Through Recession,” more college graduates are employed in full-time work as opposed to those who earned a high school degree. Despite the harsh upfront cost of college, the return on investment on a college degree remain high. Ultimately, all the hard work and money put into …show more content…
Higher education seems to lead to a satisfying job. Of the 1,821 adults surveyed, 55 percent of those that graduated from a four-year college are very satisfied with their job, whereas only 40 percent of non-graduates say the same (Is College). Those that are graduates are able to decide what they want to do with their life and job so are much more contented than those that are stuck with whatever job comes their way. Also, those that have a college degree, on average, are much more satisfied with their personal financial situation than those without a college degree. 80 percent of employed adults who have a college degree are satisfied with their personal financial situation, compared to 67 percent of adults who do not have a college degree (Is College). If one is able to pick a job they like, and are presented with various options, they will most likely choose the job that gives them a better personal financial situation and in turn be content with what they have. According to a survey done by Pew Research Center in Washington D.C., “Adults with college or postgraduate education are more likely to say they are “very satisfied” with their financial situation than are those with less education” (qtd. in Is College). When one has the opportunity to decide what they want to do with their life, they most often are happy with the outcomes of their choices,