This want, a human drive for security and sustainability has been around for a long as the human race has lived on this planet, although the type of security/ sustainability has changed over time, the same concept remains. In the past, there have been many different ways to obtain this financially secure future, some of these being: working in the trades, working your way up a company ladder, and obtaining a college degree to start a career. So is obtaining a higher education still one of the best ways to secure a future, or has the rising costs outpriced its worth? Would it be more preferable to just join the workforce immediately and risk the chance of not being able to break the barrier of “higher education” in businesses? In this essay I will discuss the public views on these topics, as well the financial benefits and disadvantages of both of these options, thus giving the reader the information to conclude if obtaining a degree is a necessity in today’s …show more content…
In our current economic situation almost everyone has to worry about money, whether that is for: groceries, the mortgage, rent, or in our scenario, schooling. With the cost of getting a higher education being so high today will it pay out in the long run? You don’t want to waste four years going to a school that will set you back farther than you want. Possibly even get a degree that will not help you secure yourself a stable financial future. In an article titled, The Rising Cost of Not Going to College by the Pew research center, one of the statistics it shows talks about how most college graduates, who are working full time, earn about $17,500 more per year than other participants who only have a high school diploma. This increase in salary would be largely beneficial to anyone, but does this increase come around to all college graduates? Many schools that you can attend may place you in far more debt than you can handle. Even possibly bringing your actual income after you make your payments on your student loans for that month, less than what a high school graduate would make. J. Selingo has a great example of this in his book, College Unbound. He compares debts accrued by graduates from Princeton University versus graduates from Ohio Northern University. On average, student loan debts were, $5,225 for