The Personal And Economical Value Of A College Education

Decent Essays
Dusten Ault
15 November, 2015
The Personal and Economical Value of a College Education What is the value of a college education? Of course, because everyone measures value in their own way, it will surely vary under different circumstances, but it is safe to say that a college education is valued in more than just money. In a nation with a difficult economy and wide gaps in wealth distribution, it can be difficult for some high school students to find a way to attend college. While college may not be the best fit for all people, I believe that every single American should have the opportunity to find the best university or college for them and to attend if they so choose. In order to solve these issues, I propose a solution that will both
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Universities and High Schools push their students to educate themselves from the material that this organization has to offer. Unfortunately, some students aren 't that motivated, but if the CRF is instituted in schools, rather than missing this information, they will have been exposed to these resources many times before. Scholarships.com was able to identify the five main reasons that high school students do not continue on to college. 1) Students do not believe that they will be able to afford college. 2) They believe they make enough money at their current jobs. 3) They don 't think their grades are good enough. 4) They don 't know what they want to do with their lives. 5) Their parents didn 't attend college and they are well off ("Why Students Don 't Go To College"). All of these reasons are a significant threat to the Go-on rates in the nation, but with proper education and opportunities, the College Readiness Foundation will be efficient in guiding students, who want to attend college, to pursue their …show more content…
Perhaps the best way to assess the price of a college education, at least from a monetary perspective, is to decide on an institution in accordance to price and financial aid. A common misconception about the price of college is that people seem to believe that "more expensive is always better". This is clearly not the case, especially when looking at the studies conducted by two elite-college graduates, Alan Krueger and Stacy Dale. In 1999, these two economists conducted research to decide if an Ivy League education was valued higher than an education from a lesser known college or university. Krueger and Dale conducted these experiments with the idea that "maybe kids who were accepted to colleges like Harvard or Yale were simply more talented or hardworking than other [colleges]" (Easterbrook). To adjust to this theory, Krueger and Dale studied the success of students who were accepted to prestigious schools, but chose to attend a more "moderately selective" school. What they found, and also reconfirmed in 2011, was that twenty years after graduation, students who attended prestigious schools achieved near-identical salaries in comparison to those who attended "less sexy"

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