The Economic Returns For College Essay

843 Words Dec 3rd, 2015 4 Pages
Many parents, and to some extent educators, prey on emotional fears, more specifically the fear of failure to motivate students to do well in school. The old adage “if you don’t do well in school you won’t get a good job.” Getting a “good education” and making “good grades” no longer ensures success anymore. Today’s society is built upon the concept of making as much money as one can and as fast as one can. Therefore, given the financial cost and immediate pressure faced by many students upon college graduation to pay back student loans, one’s choice of college and subject of study will become an increasingly important skill and will ultimately determine the economic returns for going to college. Therefore, how does the choices one makes when deciding between the fields of liberal arts and STEM (Science, Technology, Engineering and Mathematics) differ and what are the returns on investment when considering either as your future. It is believed that every generation will enjoy a higher standard of living than the previous one, as measured by income. Part of that thought is based upon the theory of the higher one’s education the higher the salary. Dan Schawbel, a Forbes contributor, released a study that surveyed nearly 3,000 job seekers and HR professionals and found that “If you are in the millennial generation and your goal is to find a job, it may be wiser to get no college degree at all than to spend four years and hundreds of thousands of dollars earning…

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