College, college, college. The word constantly thrown at students as they approach the end of their high school career. No doubt, it brings about a great deal of stress and money, but the return through higher paying jobs and successful futures is adequate compensation. College degrees are becoming increasingly vital for attaining higher-tier jobs and securing one’s future; attending college should most definitely be encouraged among incoming high school graduates. College induces a return of future investments due to the higher wages from superior jobs. Higher paying jobs have consistently proven to lead to higher returns. For example, in a study completed in David Leonhardt’s article, “Is College Worth It? Clearly, New Data Says,” Americans …show more content…
Catherine Rampell, author of “College Graduates Fare Well in Jobs Market, Even Through Recession,” stressed that college is equivalent to an investment that returns 15.2% a year. For the average investment, this meaurement is considerably high and is undoubtedly worth the significant cost. As the economy becomes more technologically sophisticated, the demand for higher education is growing, therefore resulting in an exponential growth of college students. Leonhardt indicates that “the big economic returns goes to people with a four-year degrees.” With college graduates dominating the market and earnings, choosing whether or not to attend college is a no-brainer. It guarantees a much better chance of living out of poverty, and serves as a reliable ticket to the middle class. Moreover, college is beneficial in long term planning with the retirement advantage in addition to the money return. Nick McCrea’s article, “College Gets You Dollars, But What Else?” proclaims people who attended college have a 72% better chance of obtaining a retirement plan. The immense long-term return the investment brings justifies that college is worth it and should be widely encouraged among young …show more content…
Opponents argue that college is too expensive and is unnecessary, but that is clearly not the case. As David Leonhardt mentioned previously, the higher earrings from the better jobs of college graduates makes college worth negative half a million dollars. The amount of people acquiring college degrees is substantially accumulating, and employers are requiring degrees more and more. In addition, the life benefits that McCrea highlighted, such as successful marriages and retirement plans, serve as further incentives to choose college as the path to the future. The ample evidence makes it undeniable; college is much more than worth the cost. Moving forward, all Americans should strongly consider attending college--the ticket to
Everyone knows that person from high school that just wasn’t cut out for college. It’s not a bad thing by any means, but if you’re thinking about heading off to college like many American teenagers often do, think about this: going to college can be a waste of both your time and your money. I’m not the first to say it, and I sure as hell won’t be the last. In Stephanie Owen and Isabel Sawhill’s essay, Should Everyone Go to College?, the two authors take a strong economic approach to justify going to college. Owen, an ex- senior research assistant at Brookings’ Center on Children and Families and current research associate at the Urban Institute, a nonpartisan center for research on the problems of urban communities, and Sawhill, the co-director of the Center on Children and Families and a senior fellow in economic studies at Brookings, claim that the return on investment (ROI) of a college education is overwhelmingly positive on average; However, they also bring light
To go to college or not to go? Is the question many ask themselves before making a life changing decision. Anthony P. Carnevale “College Is Still Worth It” argues that people should go to college and not rely on faulty data on the worth of postsecondary education. Carnevale is a well-known authority on education and was appointed by President Clinton as Chairman of the National Commission on Employment Policy. While Richard Vedder respond to Carnevale with “For Many, College Isn’t worth it” and claims that college is worth for some people, but it’s not suited for all. Vedder is an economist, author, columnist, and now a distinguished professor of economics emeritus at Ohio University and senior fellow at The Independent Institute. Vedder is able to convince his audience on why college is not always worth it, unlike Carnevale, who was unable to convince his audience.
As David Leonhardt states in his article, It College Worth It? Clearly, New Data Say, “ When experts and journalists spend so much time talking about the limitations of education, they almost certainly are discouraging some teenagers from going to college...”. In spite this argument, I believe the purpose of college is to prepare me for a good, well- paying job when I graduate. Since I came from a family background in which girls are always on the bottom and can’t get out of the tradition in boys zone.
This article discusses the increase in students completing high school and going on to college some of whom obtain a degree while others do not. He also discusses the correlation between the amount of college education and unemployment. He concludes with statistics showing that a college education does pay off if the person has the academic capability to obtain a degree. This article will help me to show the benefits of college for certain people. It will allow me to show that a four year degree is not the best option for everyone.
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!
“Why College is Still Worth It Even Though It Cost Too Much.” Money.com (2015): N.PAG. MasterFILE Complete. Web. 11 Oct. 2016 The author of this paper address that a lot of college students feel like the time, money, and effort is not worth it; However, studies show that it does pay off by receiving higher pay, better work hours, and better benefits, such as insurance plans. A poll was done using college alumni to see if they thought that college paid off, and of the 30,000 that were in the poll a majority of them agreed that it did. Also, the writer includes several other polls conducted to show the life-long impacts of a college education, which includes better career and friendship
College is the place where people go to retain the necessary training for a job that requires specific skills, which results in earning a higher pay check. In today’s world, employers are scouting out for individuals with the proper dexterities to fill the shoes for that specific job. Blanche D. Blank, the author of “A Question of Degree," argues that possessing a degree of higher education isn’t the only way to have a very successful life. This statement is highly argumentative, due to the fact that college graduates still out-earn people without degrees. Obtaining a college degree is one of the best things someone can do for themselves, when it comes to looking for a stable job. There is also so much more to college than just receiving a
As Menand argues his three theories of college, his third theory states that college is required in order to achieve a high paying job (Menand). Indeed, As you graduate from college, the assurance of acquiring a high paying job in the future increases. According to Stephanie Owen and Isabel Sawhill’s article, “Should Everyone Go To College?”, the gap within annual earnings between high school graduates and bachelor’s degree holders when it comes to working is $15,000. Hamilton’s Project research shows that people ranging from 23 to 25 year old with bachelor’s degrees acquire more money around $12,000 more than high school graduates but by age 50, the gap has grown to $46,500. From the statement, Menand’s third theory, college is required in order to achieve a high paying job, shows that college education can increase your chances of acquiring a high paying job. With Menand’s third theory and his wide stance to why we have college, Menand creates openings in his argument, leaving opposing arguments. One must take into account as well certain factors such as the cost of college that make college a choice in life rather than a requirement. Tuitions are increasing at a rapid rate compared to incomes of families in our society, which results to risks that could create risks towards the students and the whole system itself, further hindering learning progress
While college may be initially uneconomical, evidence from a 1959 census shows a “three-fourths of earning difference” between those who graduated from college and those who merely received a high school diploma (Weisbrod et al 495). Weisbrod and Karpoff acknowledge the high cost of college in America, but assert the benefits of a college degree will more than reimburse a person in the long run, therefore the initial cost of attending a college is worthwhile. (Weisbrod et. al). Furthermore, this indicates only “one-fourth of the earnings differences are attributed...to non-schooling factors”, which proves the significant role college plays in determining the future earnings of an individual (Weisbrod et. al 497). College appears to be the most influential factor in regards to a person's earnings, therefore according to Weisbrod and Karpoff, college is necessary for a person who wishes to obtain a higher expected income. Even students who attend mediocre to below-average colleges will receive “a lifetime income that is [around] 10 percent lower ...than that which someone at one of the best schools can expect” (Weisbrod et. al 497). Weisbrod and Karpoff contend even low-tier colleges result in higher earnings, therefore a student should strive to attend any college regardless of the
There is no true price that you can pay for what collegeoffers. That is, because a high school graduate can readily and unfortunately expect “higherunemployment rates than college graduates” (Fain 1). And if those high school graduates happento find a job, they can expect college graduates to make approximately “$17,500 more” (TheRising Cost of Not Going to College 1) than college graduates. The statistics for going to collegemight be scary, but the ones for not going to college are terrifying.So, what exactly is so good about college? It might not seem like it, but college isn’t justthe lesser of two evils, really, college can be great for most people. College gives young adultswith the first taste of true and undeniably terrifying freedom. It gives its students greaterresponsibility. But above all else, college is a platform in which one evolves and grows within anintellectual yet social atmosphere. It allows students to make their future brighter and it sets themup for a comfortable and happy life in which they can prosper. According to Jennifer Pfeffer“college graduates report being happier” (1). That in on itself is a great attribute for collegegraduates. Just about everyone is looking and striving for happiness, college gives you a boost toachieve
With tuition rising every year, students face the challenge paying the debt achieving a college degree comes with. “Student debt surpassed credit-card debt in June 2010 for the first time in history, rising to about $830 billion — or nearly 6 percent of the nation 's annual economic output”(Clemmitt, Marcia). Not everyone has a ton of money just laying around. Being that financial trouble is the biggest problem for students, they begin to question whether college is worth it or not. In recent years, students have taken out loans to help with expenses. Most students choose to attend a community and junior college to help minimize the debt. Even after graduating with a degree, students still face the struggle of finding a job in this economic time. For higher class families this may not be a problem to them. But for the middle class and low income families, they face tougher times being that they don 't have the financial help like higher class families do. For the middle class and low income families, it makes more sense attending a community and junior college rather than a four year university.
In “Should Everyone Go to College?” Isabel Sawhill and Stephanie Owen make a strong valid point on whether or not college is for everyone. For many students ready to leave high school, wondering whether they should attend college is an issue that may lay heavy on one teenagers mind. There are a few factors that could be a difficult decision depending on a person’s goal they are working towards. Some students jump right into the workforce after high school. Others may sign up for the military after graduation. While these are different options, research says higher education is very important. Higher education provides opportunity for students that attend college are giving a good shot of a better career later in life. Approaching graduation, a student might find themselves asking, “Why is it important to go to college?” The answer is that education is the most important growing factor in the growth of our country. Obtaining a college degree is a
In the United States, the average cost of college tuitions has risen an overwhelming “1,120 percent through a span of more than thirty years” since the 1980s (Hacker & Dreifus 180). An ongoing discussion hinders many individuals on whether it is wise for one to pursue a college education with the gradual increase in tuition costs. On the one hand, supporters argue having a college education is worth the investment for a better career. On the other hand, critics contend the increase in college tuitions have put many families in financial burden and think it is not worth the cost. Others even maintain a belief that college is important for high school graduates for higher education in general.
By attending college, students guarantees themselves a better job that the average Joe. Because the world is changing rapidly, and many jobs rely on new technology, more jobs require education beyond high school. With a college education, an individual will have more jobs from which to choose. In addition to obtaining a better job, people who go to college usually earn more money than those who do not. College furnishes you with proper credentials and documents to land high-level jobs. Figures from an A&E television program on ‘The Working Class’ show that in 2004 the average earnings were $23,895 for a high school graduate and $41,478 for individuals with a bachelor’s degree. Getting a college education is simply a stepping stone in ensuring yourself with a good start in life. Some may agree that college students are open minded and knows exactly how to expre...
Although a college education is costly, many people go to foresee a wealthier future. College, in time, pays for itself through advantages with a degree. David Leonhardt has researched that, “the pay gap between college graduates and everyone else reached a record high last year.” In today’s society, it is expected of students to earn a college degree even though colleges aren’t making enough graduates.