Is A College Education Worth It? “Education should be a right not a privilege”- Bernie Sanders. More and more jobs are requiring a college education, and if you don’t have one you are more likely to make less money in the long run. College exposes students to diverse people and ideas, as a student you can go to class with people from all around the world, and get taught by professors from all different backgrounds. (2016). Some people think that college is too expensive, but there are options such as financial aid. Many people that don’t go to college after high school find themselves going back in later years. Some factors to consider when deciding if college is worth it or not is the price, to opportunities you get, and the diversity. Student debt has gone up one trillion dollars. But, the true cost of college is actually about negative 500,00 dollars. About 63% of graduates consider their loan debt to be manageable (Jenson, 2015). Over 70% of students that graduated with 4 year degrees in 2014 were left with debt up to $30,000 …show more content…
63% of people consider their loan debt manageable. You have an 87% chance of getting a good job. 68% of people don't go to college because of the price, and 51% didnt even go because of family responsibilities (Jenson, 2015). In 2011, 50% of US college graduates under 25 years old had no job or only a part-time job (Long, 2015). Now there are things such as students loans and financial aid to help out with the price. College exposes students to new ideas and people, 73% of graduates thought it was "very important to try to understand the reasoning behind the opinions of others" compared to the 63% of non- college graduates. College gives students “Access to a variety of people allows college students to learn about different cultures, religions, and personalities they may have not been exposed to in their home towns
Is college worth it? This is a topic that has been heavily debated for years, and years to come. The late nights, stressful debts, and long papers due- not accepted a second late; does that make up for the amazing memories, high paying jobs, and social connections? Absolutely. The experience college can give is remarkable. College is a valuable experience because individuals who attend will have a lower chance of being unemployed, will be in better health, and paying off debts will be possible!
The debt associated with higher education is one of the biggest factors of deterrence for most people who are interested in college, and it is not at all surprising. 71 % of college seniors who graduated last year had student loan debt, and the average debt for a college student with a four-year degree is $29,400.This number has gone up an average of 6 % each year. Keep in mind that this is just the average debt, and there are students who are in debt upwards of $30,000 dollars (projectonstudentdebt.org). Now in order to understand why the debt is so high it is best to break down the different costs of higher education. The first and most important of which is tuition.
Doyle states in his article, “As of this writing, the total amount of outstanding student loan debt has been estimated at $960 billion (Kantrowitz, 2011).” Right now, there is only 7.4 billion people on earth, but not all of those people are in debt. So, massive debt with not near enough people to even cover the debt on the whole planet put this issue into perspective. Many people talk about applying for scholarships but scholarships can only cover so much of the price, and even then, the scholarships aren’t guaranteed. Now what about paying off the loans? How will that take? “First, incomes vary tremendously across different choices of majors and professions. Second, the incomes of individuals starting out in the labor market vary according to the state of the labor market at that time.” There are many different factors that go into this process. As stated in the previous paragraph, those who do both work and school are more apt to pay their debt off at a quicker pace. But, how much they make and how often they paid is another contributing factor. If the average college student is making minimum wage (part time) and is going to an in
Most people today accept the debt that comes from college. Students consider student loan debt as a “good debt.” They see other students make this mistake but follow their path anyway. Nearly 80% of college-bound students have not projected the total amount of money they will need to graduate college.
Attending college is worth it. Students who get a college education and graduate have many more life changing opportunities than those who don 't; the debates of studying after high school has been ongoing for many years but statistics have proven that majority to all students who go to college achieve more life goals than the average high school graduate. They get more work benefits, life skills, higher paying salaries, etc. There is a downside to everything in life such as debt is to college education. However, the price students pay is so small compared to what the benefits they receive after graduating from college.
Attending college is worth it. Students who a college education and graduate have many more life changing opportunities than those who don 't; the debates of studying after high school has been ongoing for countless years, but statistics have proven that majority to all students who go to college achieve more life goals than the average high school graduate. They receive better work benefits, life skills, higher paying salaries, etc. There is a downside to everything in life such as debt is to college education. However, the price students pay is insufficient compared to what the benefits they receive after graduating from college.
These days, colleges are seemingly endless money pits. Did you know that in 1970 at a public university, tuition on average was only $2,710? Today, we could only dream of it being so low. Once you start looking at the actual average prices of attending a college or a university, you start to think it’s a joke with how expensive it is. It’s definitely no joke. The annual cost for undergraduate tuition, room and board is estimated to be $12,804 at public institutions and $32,184 at private institutions for the 2010 academic year, according to the U.S. Department of Education’s National Center for Education Statistics. That means that even a modest education—a bachelor’s degree from a public university or college—will cost at least $50,000. You can find cheaper colleges for example if you attended a community college, but many of those you cannot get more than a two year degree with. There are also colleges with pr...
College is in the past, present, or future of the majority of United States citizens. Despite the mountain of money and stress it costs, attending college is worth it without a doubt. College is worth enrolling in because it provides a better education, it implements better quality of life into the lives of graduates, and it makes a better job and salary available.
It is easy to think college is not worth the cost to become better, but getting educated molds a better person, and creates happier people in the future and occasionally they become better in health (Leonhardt 25 ). Becoming a better and happier person is pleasing for everyone. Even former President Obama says “‘Education helps us be better people. It helps us be better citizens. You came to college to learn about the world and to engage with new ideas and to discover the things you're passionate about -- and maybe have a little fun’” (Procon.org). Learning and engaging in everything is a skill everyone should have, so like he said we should go to college to be able to do that. Additionally, education shows people to develop more intellectual skill and become more responsible (Pew Social and Demographic Trends). Thus said, being educated and smart is something everyone can do and college helps with that. Likewise, college can encourage someone to be more educated and happier. Reaching the point of happier and more educated is worth the cost.
The average debt of a college graduate with loans is over $30,000. Struggling in this economy and with high tuitions, students have been in debt with their student loans, and this has led to various proposals for justifying debt. According to an Associated Press analysis, “53 percent of recent college graduates are not putting their degree to good use.” According to Trans Union, “federal
According to Forbes, the average student from the graduating Class of 2016 had a debt of nearly $40,000. This amount is almost twice as much money as a family makes in a year at the poverty level. Student loans are getting harder and harder to avoid every year, and each year there are more students that are not aware about the potential dangers that loans can cause. With college getting more expensive and more families not being financially stable to allow their kids to go to college, a lot of people are not getting the next step in their education that they need to be successful in life. When looking at this situation, different actions can be taken to make sure that when you graduate college, you have the least amount of debt possible.
In our society the overwhelming student debt puts graduates in a position where they feel financially trapped. While attending Going to college, it is common for students to take out loans due to the increasing price of the tuition. These loans often weigh down graduates as they find jobs; they assume these jobs will easily pay off their debt over time, but this is not the case. According to U.S News, the average student loan debt coming out of college approaches $30,000. The average income of one quarter of students who graduate is $40,000.
The cost of college is so outrageously high that many young adults cannot afford the payments. The student loan crisis is an extraneous problem that needs to be fixed. The debt of college students is getting higher and harder to pay back. “Overall, in the United States, the average debt is $30,100 per borrower.
In any case, in this current economy it's not guaranteed that you're going to get that high paying job straight out of college, so there are some steps that every recent graduate should make that's carrying some student loan debt out there in the work force.
Debt has always been a severe problem for college students. Campo stated, “As has been well documented, college tuition has outpaced inflation for years, and the current $1 trillion in student debt coupled with intense pressure…” These students have a lot to pay off after college and this can be difficult while they are also trying to find a place to live and find a job to start their career. A New York Times publisher breaks it down even more and gives us the average number per person, “college seniors with loans now graduate with an average debt load of more than $25,000” (Lewin). This can be more if the student does not get a job while in college.