Pursuing Higher Education : The Current Culture Of The United States

1278 Words Nov 14th, 2015 6 Pages
Pursuing higher education is strongly emphasized in the current culture of the United States. In following the path of a four year institution, an individual positions themselves for long term financial success, broadens their scope of critical thinking and problem solving skills, and opens up the opportunities to new subjects and possibilities. However, a person who does not pursue a four year college degree can have a stabilized financial success, strong critical thinking and problem solving skill through real world application, and intrinsic happiness by following what an individual is instinctively good at. To weight out these two world’s leaves the ultimate question of is college the best option? When looking further into the issues of college, the question of return of investment comes up. In a sense, the pursuit of higher education can be viewed as an investment purchase – and the potential of earned income resulting from this investment becomes the dividend. Studies show time and again that having a bachelor’s degree increases earning potential. “When we look at lifetime earnings… the total premium is $570,000.00 for a bachelor’s degree and $170,000.00 for an associated degree. Compared to the average up-front costs of four years of college… of $102,000.00” (Graff, pg. 210-211, 2015). This statistic shows that the investment of $102,000.00 for a college education pays dividends by providing a job with expected career earnings of $570,000.00. Taken as…

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