Benefit Of Higher Education

Superior Essays
In the last decades the cost of college has dramatically escalated through the roof, and with it the necessity of possessing a degree to be competent in most jobs. Today many people have decided to not attend college and discourage from attending because of the high costs. What they do not realize it that not pursuing a higher education makes them fall behind in today’s society. College does imply a lot of work and, money to be successful and that is probably a reason that discourages people from attending. Despite the expenses and effort college implies, it is worth it because the economic opportunities a college degree represents exceeds the education costs; it provides useful skills, and it is crucial for society’s future. People who oppose …show more content…
The beneficiary of the education receives a personal satisfaction lacked by people who did not pursue a higher education. “Studies conducted by the College Board and others like it have found that those who have completed additional schooling are not only more well-equipped to handle mental challenges, but also report a higher level of satisfaction when doing so.” This is stated in “Why Your College Degree Has More Value Than You Think.” The statement is true, if a person completes a challenge such as the one college can be it gives them a sense of accomplishment lacked by others. After all education is power. Something like education cannot be taken away from a person, it will stay with them for a very long time. Even if the person changes paths of life or decides to do something completely different with their life they will always have the satisfaction of higher education, along with knowledge. The person has already acquired lifelong trait that can be used at any moment to improve their life. Higher education also appears to be improving the lives of the people around the holders. According to Collage Board’s “The Benefits of Higher Education for Individuals and Society” individuals with higher education also tend to have a higher involvement in their community through giving back in many different ways. One implication made is …show more content…
This is false as a college degree provides a life-long career and a notable difference on income. In “Even With Debt, College Still Pays Off” Gillian B. White she states, “recent college grads aged 22 to 26 have earnings that are 83 percent higher than early-career workers who have only a high-school diploma,” proving that despite the economic cost college pays itself. The article also highlights unemployment rates, which seem to be an overplayed card used to defend the unnecessity of higher education. It demonstrates the impact of a college degree even in hard times where unemployment affects Americans with and without a career. The graphs presented by White shows how the unemployment rate for recent high school diploma holders in 2012 was 17.8%, compared to a 7.5% rate among recent college graduates. In addition it shows the annual earnings for people with different levels of education. The difference is immense even when the most experienced education holders are compared. An experienced college graduate makes over $80,000 a year, versus the $45,000 made by experiences high school graduates. The numbers speak for themselves to prove that even in the darkest times a higher education can make a positive impact for its

Related Documents

  • Improved Essays

    Unfortunetaly, a good quality of life is usually dependent on a good financial life. This is why getting a college degree is so important in today’s society. Not only is it easier for a degree holder to obtain a job, but they also make more an hour than a person without a degree. “In 2012, the typical full-time worker with a bachelor’s degree earned 79 percent more than a similar full-time worker with no more than a high school diploma” (Rampell). In addition, even when the recession hit, graduates were still making more money than non-graduates.…

    • 1455 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    However, living with a high school diploma is actually much more difficult than affording college. There are numerous other benefits of college and most adults regret never receiving a degree. People should attend college because a higher education…

    • 1007 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    According to Pew Research Center, only about 40% of college graduates feel that the money spent on tuition provides students with an “excellent” or “good” value for their dollar. With the satisfaction at such a relatively low rate, why is college so highly sought after? A recent report by Goldman Sachs listed that on average, college graduates in 2015 won’t break even from the college investment until age 31 and the projected break-even age for 2050 college graduates is 37. The report calls for a revolution in higher education, sighting the rising cost and increased availability of alternative education, such as online classes (Long). Before enrolling, many believe that a college education is their ticket to financial independence although the reality is that while a college degree increases earnings relative to someone without a degree, some may not have the ability to pay off substantial student loans which wreaks financial havoc on that individual and lags the economy.…

    • 928 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    College Degree Benefits

    • 1188 Words
    • 5 Pages

    This statistic shows that people with a degree make significantly more money than people who do not have a college degree. With a college degree comes an expansion of job opportunities. When a company looks at the resumes of job applicants, the company is more likely to hire someone with at least an associate's degree than a person with just a college degree. Earning a four year degree can be expensive, however, it does pay off in the long run. “ Mr. Autor wrote in the journal Science [and he said,] the true cost of a college degree is about negative $500,000” (Is College Worth It?…

    • 1188 Words
    • 5 Pages
    Improved Essays
  • Great Essays

    Worth It For Whom Higher education has become one of the hot topics in the United States as of late. There are individuals who assert that a college degree is not required to get a high earning job, because many people who are successful did not graduate from college. There are those who debate higher education is not worth due to its high price, and those who believe higher education is worth it and necessary for the reason that jobs demand a degree. Those who argue that college is not worth it expose that loans from college are too high and the job market is weak. Furthermore, these loans affect students by delaying them from buying a house, getting married, or saving for retirement.…

    • 1274 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    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…

    • 1086 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    College Degree Necessary

    • 829 Words
    • 4 Pages

    As 2015 is shortly coming to a close we are still experiencing the age old debate of the importance of a higher education, more specifically a college degree. Is a college degree really necessary in our society today? Is a degree worth that much of your time and not the mention the debt that comes along with it? According to CNN Money, a college degree, despite all the factors involved, is still worth it. Although tuition has been continually rising and wages have been falling those workers without a college degree are losing their jobs or receiving lower wages at a much higher rate than those with a college degree.…

    • 829 Words
    • 4 Pages
    Improved Essays
  • Decent Essays

    An article from How to E-D-U says that college graduates with a bachelor’s degree make an average of a million dollars more in a lifetime and $23,000 more a year than those with no college education. An article from LA Times says, “The cost of education these days would make anyone squirm, but researchers say it’s worth it.” This shows that even though education is very expensive that it is an investment in your life that will definitely pay out in the long run. In addition to making more money, the unemployment rate of those with higher education is a lot less compared to those without. An article from the National Center for Education Statics explains, “The employment rate was higher for those with higher levels of educational attainment. For example, in 2015, the employment rate for…

    • 838 Words
    • 4 Pages
    Decent Essays
  • Improved Essays

    In the United States, students are rewarded to getting a higher education no matter the cost. Another idea, by Mary C. Daily & Leila Bengali, in FRBSF Economic Letter, published in May 5, 2014 is that high school graduates face twice as much unemployment as those who graduate from college. Nevertheless, there is debate whether or not college outweighs the cost of students just attending. In this article, they discuss about those with just the high school education and how they will have less earnings than those of higher education. Annual tuition is the same all four years, but students attending college receive no earnings in school.…

    • 1646 Words
    • 7 Pages
    Improved Essays
  • Improved Essays

    Although it is true that college tuition does in fact cost a pretty penny, in the end, it will have been well worth it. A common misconception against colleges is that the cost of classes, materials, room and board, food, etc., outweighs the value of actually going and learning there. However, after finishing college and obtaining a decent job, that ideology would change. According to David Leonhardt, “The Hamilton Project, a research group in Washington….found that college tuition in recent decades has delivered an inflation-adjusted annual return of more than 15 percent.” This means that for the students who’ve devoted thousands of dollars in their education, they’ve gained 15% extra of what they’ve invested in. To those still convinced that the cost is simply too great, there are a multitude of resources that can aid in paying for tuition.…

    • 680 Words
    • 3 Pages
    Improved Essays