The higher education system in the United States has been evolving for decades. During the seventies, from the after effect of multiple US conflicts and invasions, second wave feminism, social protest, and globalization, going to a college or university after high school was slowly becoming the norm. Today, the vast majority of kids are planning on continuing their education after high school. When students are coming out of college with thousands of dollars in debt, it begs the question, is the education worth the cost? What if it delays a family and a life that can be started without any monetary inhibitor? Some argue that the American Dream of the millennials is not so focused on family life and more on what their education can give them in their future, so education is still beneficial; it’s
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Forbes, quite a distinguished magazine, says “if you don’t have a degree it’s almost impossible to get a job at brand name companies because they filter you out in their HR databases if you don’t” (Schwabel). Many studies have shown that a Master’s or Doctorate still pays off in the long run. A study from the Pew Research Center shows that a graduate with a Bachelor’s Degree earned an average of $3,836 per month in 2012, compared to a Master’s Degree of $4,772 and a Doctorate of $5,799 (a 124% and a 151% increase) (Fry). So it’s clear that getting a higher degree will still wreak benefits.
Another study (see next page) shows that really any amount of higher education pays off in the long run. The article linked with this infographic states, “none of this suggests college is a bad idea: People who went to college get paid more than people who didn 't and end up with a positive return on their investment. But that partly reflects just how bad things have gotten for less-educated workers and doesn 't necessarily signify wild success for people with bachelor 's degrees”
Forbes, quite a distinguished magazine, says “if you don’t have a degree it’s almost impossible to get a job at brand name companies because they filter you out in their HR databases if you don’t” (Schwabel). Many studies have shown that a Master’s or Doctorate still pays off in the long run. A study from the Pew Research Center shows that a graduate with a Bachelor’s Degree earned an average of $3,836 per month in 2012, compared to a Master’s Degree of $4,772 and a Doctorate of $5,799 (a 124% and a 151% increase) (Fry). So it’s clear that getting a higher degree will still wreak benefits.
Another study (see next page) shows that really any amount of higher education pays off in the long run. The article linked with this infographic states, “none of this suggests college is a bad idea: People who went to college get paid more than people who didn 't and end up with a positive return on their investment. But that partly reflects just how bad things have gotten for less-educated workers and doesn 't necessarily signify wild success for people with bachelor 's degrees”