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Value of education in today's society
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Which is more important Money or Education?
Money Vs Education
One off my favourite poets Robert Frost said,
“Modern poets talk against business, poor things, but all of us write for money. Beginners are subjected to trial by market.”
What he is saying here is that no matter what people say it always come back to money
And in a post modern world like the one we are now living in where the world is not only powered by wealth but also the need to attain wealth, the influence of money have far outweighed that of education. Money is used in the funding of these educational institutions, Money is also a necessity to attend and most people, if not all, seek education to get better jobs, that will pay well, resulting in wealth. Believe it or not most entrepreneurs only have high school education.
Buildings do not appear out of thin air and neither does schools . They need funding and the barter system has long been abandoned. Money is the unit of trade that is used universally. So therefore it takes money and lots of it to fund the building of these schools, the day ...
A high school education is no longer sufficient to succeed in America’s increasingly complex economy. However, because of the high price point of a college education, far too many Americans are unable to afford education beyond high school. As shown in the graph below, the higher level of education received greatly increases the chances for employment and also dramatically increases the average salary potential of an individual.
Based on Three Reasons College Still Matters, there are three main reasons why a college education is so important. From an economical standpoint, an education is most of the time needed to earn enough money to live comfortably. Attending and completing college provides a possibility for future economic stability. Within a highly competitive workforce a college degree can put a foot in the door to a job of a person’s choice. Statistics show that people who obtain a bachelor’s degree or higher get paid more than those who do not obtain one. Many question the worth of a college degree because of how expensive it is, though some say that the money spent is an investment on a person’s future. One can say that the worth of a college education is within the eye of the beholder. Many q...
When the General Court of the Massachusetts Bay Colony founded the first college in America, Harvard, in 1636, it marked the beginning of college as the backbone to the American Dream (“About Harvard” ). Around the world, America is coveted for the “American Dream” in which someone can go from deep poverty, to unbelievable wealth, all by getting an education which allows a person to obtain any job and reach any economic level. The article “Peter Thiel Thinks You should skip college, and He’ll Even Pay For Your Trouble; The famous disrupted says overpriced universities hold back innovation, and what's to rewrite education to his liking” by Tom Clynes argues people should not attend college because it is a hindrance to innovation, while the article
Many college graduates are finding it hard to get jobs. The biggest issue is the amount of debt Americans are facing due to the college degree they were told they should have. Colleges have been raising the prices on everything from tuition to books. The government is giving out loans to students without even asking where they’re going to school for, or if they’ll even have a plan to pay off the debt in the future. The mentality is that corporations and business won’t hire someone unless they possess a college degree. Gerald Celente, from Trends Research Institute, says “It makes no difference to have a college degree.” (College Conspiracy Scam - youtube) He wants individuals to have minds and to think for themselves. Many believe that with a degree they can have any car and house they desire and commonly known as the American Dream.
"College graduates earn more than one million dollars more than high school graduates over their lifetimes." Every teenager has been bombarded with this much-cited statistic in the hope that it will convince him or her to intend a university after high school. But, is it actually the university education that leads to the inequity in salaries between college and high school graduates? Superficial reasoning would suggest yes. It is obvious that the additional education increases the college graduate's human capital and maybe this does lead to greater productivity and higher wages. However, this only seems probable if you ignore what universities actually teach. The majority of what is taught at universities will be of no use to their graduates in their future careers. If the purpose of a college education was to increase relevant work-related skills they would look more like vocational schools where students would specialize in particular skills relevant for their future careers, rather than studying small amounts of every subject. Instead, to a large extent, the purpose of college is to act as a costly signaling mechanism to assist employers in screening employees. A college education is more about showing off than acquiring useful job skills. However, this showing off comes at an enormous price. We waste billions of dollars per year on this showing off, not to mention the four years of someone's life. These tremendous social costs require us to rethink hiring practices and how universities serve their students.
In order to break through the status quo of poverty for generations, there needs to be more efficiency on education. In our current society, establishments would rather hire someone who well qualified with college degree rather than just a high school education. For our modern day survival we need education because it will give up opportunities and help we need to become successful. The higher a person educational degree the more invested opportunity to move up in the ranks in our
Not everyone has to have a diploma to prosper. And you would be right; Steve Jobs, Mark Zuckerberg, and Stacey Ferreira are just a few of the many successful people without a college degree. Consider this, the top 1 percent of wage earners in the U.S. earn almost $500,000 per year. The odds of anyone making it to the top are low, even with a college degree, but the odds are better than those with no college education. Of those with college degrees, roughly eight in 1,000 make it into the upper field of income earners. For those without a college degree, the odds drop as low as three out of 1,000. While that may seem unrealistic, on average people with a bachelor’s degree or higher earn about $20,000 more a year than those without a
People with a college degree tend to make more money than those who didn’t attend college. This is because most of the jobs that have a higher earning require a college degree. People that only get their school diploma don’t make as much money as someone with a college degree. A study done suggest that people who have a college degree are more likely to get hired because they have an education compared to those who don’t. According to the United States Bureau people who achieved the current degrees earned the following median salaries. People with a doctorate degree earn $100,000 or more. With a bachelor’s degree people earn $58,000 and people with an associates earn $42,000 or more(Lucier). A High School diploma is not worth as much as a college degree. A High school diploma means less today because of the shaping of the world. People who only have a high school diploma earn only about $33,000. These numbers also depend on the type of field that you are going into. For example, people that have a bachelor’s degree in engineering or management will earn a little bit more (Lynn). They will earn more because these fields are really important. In my opinion the United States has been transformed
...f doubt about the effect of education on a persons prosperity. The National Center for Education Statistics in the book 120 Years of American Education: A Statistical Portrait highlights that “...incomes for males of all education levels suffered during the rest of the decade, especially during 1974 and 1975. Between 1971 and 1981, incomes for males who had not finished high school fell by 16 percent. Incomes for males who had completed 4 years of college fell by 20 percent during the same period” (19). Looking at this statistics, it can be determined that through education level did have some positive effect on an individual's success, no one was spared from economic harm during this decade. In conclusion, the ability of any one person to work hard enough to transcend social stratification in the United States in the 1970s became a strenuous task for most Americans.
It makes their family’s life become tough. They raise a question that why not letting these students go to work instead of this worthless education. As what is mentioned in the article “College degree still worth the investment, data suggest”, the author Mary Beth Marklein shows many evidences to support her main idea that the college education is still worth to invest because it can give college graduates higher wages. She showed the audiences a data, which pointed out that college graduates earned generally 56% higher that people who only have a high school diploma in the past four years. The author also said, “From 1982 to 2001, bachelor 's degree holders earned an average 80% more and associate 's degree-holders almost 30% more than workers with no more than a high school diploma”. The similar contents are also presented in the article “Median Salary Up Two Percent for Higher Education Professionals”. The author insists that the higher degree you get, the higher salary you will earn. In other word, it’s the truth that the college students might have heavy loans when they decided to go to college, but they
In John Cassidy’s article, he states, “About seventy percent of all high school graduates now go on to college, and half of all Americans between the ages of twenty-five and thirty-four have a college degree” (Cassidy 2). With that reality, the business world becomes much more competitive for jobs, and it comes down to whether a person has a degree or not. College should be thought of as a prerequisite for the growing jobs of the economy today. Next, college is worth it because it can provide a better life and make more money. According to economists studying the effects college has on a career path, “Once you enter the labor market, the theory says, you will be rewarded with a better job, brighter career prospects, and higher wages” (Cassidy 2). More options in life means more opportunity, and while some may be able to obtain a job more quickly than others, college will almost guarantee a job opportunity. Finally, college unlocks the true potential of everyone, including displaying a person’s characteristics or talents. According to the end of John Cassidy’s article, “Providing access to college for more kids from deprived backgrounds helps nurture talents that might otherwise go to waste” (Cassidy 5). Although it could be just for deprived kids, the same applies for all students. College helps students find themselves, and being on their own will make them broaden their horizons. Overall, a college degree has a lot of importance
There are many different factors that affect education. One such factor is, socioeconomic status. Children who attend school in a wealthier community receive a better education than those students in poor communities. In poor communities, student’s education is not only affected by a lack of resources, but also from teaching methods and philosophies. Urban and poor schools’ students do not receive as equal of an education as their more affluent and suburban counterparts do.
With the global economy relying more than ever on brainpower and innovation rather than raw materials and manual labour as generators of wealth, a good education has become the key factor determining who will succeed and who will be left behind.
A college education can broaden one’s career horizons and help them achieve stable employment. Through education one can expand their intellectual capacity along with financial scope. “ The median person with a bachelor 's degree earns about $48,000 per year, compared with $27,000 for a high school graduate, according to the U.S. Census Bureau” (Haltom 14). A college education should allow one to thrive both internally and externally, whilst progressing society along with them into the ever-changing world. These statistics represent the aspired
Growing people always dream about going to college. They think that after finishing high school automatically comes college. But the question is do they realize the value of having a college education, or they just go because someone told so, or maybe this how it goes. People now days don’t really know how value having a college education is. “Education is most powerful weapon which people can use to change the world”. (Mandala). Having a college degree could provide more opportunity’s and knowledge for people to strive and become more active in their community’s and help people in their own fields like having a dotora and lawyer, or even a policemen. According to the harry van Arsdale Jr center for labor studies on their article redefining a college education “They said that in today’s hypermarketzed society, college is often viewed as an individual