The Importance Of Obtaining A College Education

Obtaining a college education in today’s society is important. There are stories of those who skipped over college and amassed a fortune. That being said, those stories are few and far between as compared to those who skipped college and do not have that high paying job that is so sought after. The topic of supply and demand can be applied to most everything when money comes into the equation. When the supply is low or deficient, and demand increases, then the amount of money paid will also increase. On the contrary, if there is a surplus in the supply of an object, the lower the demand and the lower the price. This applies to college in two ways. The first being that college being seen as a “luxury” item which would drive down attendance rates, and therefore also decreases tuition in order to entice more students. On the work force side, less college graduates in the work force would then increase the demand of graduates, and therefore also increase their price. …show more content…
Even if a job that directly applies the degree is not found after graduation, employers still prefer seeing a degree then none at all. The question is, how does one pay for college? There are a few choices that are available. The best choice by far is basically having responsible and able parents who can start a college fund during infancy. Not only is there actual savings, but a significant amount of accounts also offer a higher interest rate for college savings. Aside from savings, there is the option of getting student loans, which come with a high interest rate and