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Importance of university to individual success
A success story essay
A success story essay
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“My time at Yahoo, from its founding to the present, has encompassed some of the most exciting and rewarding experiences of my life” (Jerry Yang). Jerry Yang encompasses the utopian life many strive to achieve. He has a successful career, is financially secure, and owns a large house. These are shown to be within the top six goals of Americans according to a study reported by the Daily Mail. This was essentially achievable to Jerry Yang though obtaining a college degree related to his desired career. It is shown by the Bureau of Labor Statistics (source E) that a college degree is critical to lessening the chance of unemployment and raising the chance of higher pay in the workforce. A degree pertaining to a field of study is crucial to having a higher paying job and financial security and achieving the American dream. …show more content…
On average “Americans with a four-year college degree made 98% more an hour on average in 2013 than people without a degree” (Source C). Employers are searching for people with the skills and determination that come along with the earning of a degree and will not pay an individual well if they are not
You don’t need a college degree to have a good paying job. Not attending college affects ones literacy of financial awareness, their ability to receive a job, and their ability to carry our responsibilities.
Unemployment is on the rise and, always trying to be avoided. By obtaining a degree, the chance of being out of work is reduced. Baum, Ma, & Payea (2013) claim, “The 2012 unemployment rates for 25- to 34-year-olds were 9.6% for those with some college but no degree and 7.2% for those with associate degrees” (p.20). With just an associate's degree, the chance of being unemployed plummets 2.4% compared to those compared to little college, proving when the higher of a degree is obtained, the lower
In “Should the Obama Generation Drop Out?” Charles Murray talks about how a college degree now days, is looked at higher than it should be when it comes to meeting the qualifications for a job. Most jobs that pay over minimum wage will require you to have a college degree, making it very difficult for people that either can’t afford it or do not believe in it, to get a reliable well paying job. Like Barack Obama said “It’s what you can do that should count when you apply for a job, not where you learned to do it”(Murray 97); a large amount of people have the skills for a job but do not have the degree to show for, making them not qualified for the job. Companies will not even give you an interview if your resume does not have any type of degree on it. That situation makes life very unfair for multiple individuals. There should be some kind of certification test for applicant to take to see if he or she meets the skills needed for the job. The benefits of discarding the bachelor’s degree as a job qualification would be huge for both employers and job applicants. Therefo...
When coming to college your whole money situation changes, suddenly you're bombarded with housing costs and student loans that you have to pay back or you will spiral into debt. Your whole life changes you don't have your parents paying for your voluptuous wants and needs, you’re on your own. The move from high school understudy to college undergrad is a standout amongst the most upsetting and essential times in an adolescent's life. Not only is your day to day life going to change but your spending habits have to change. The school years are a period where a high school student leaves their support team behind,
Student loan debt makes up a large portion of the debt in this country today. Many defaulted loans are the demise of high interest rates, poor resources to students in educating them on other avenues and corruption in the governmental departments that oversee education and financing. There are many contributing factors that lead to the inability to pay off student loans which need government reform to protect the borrower’s best interests.
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.
It is a norm and expectation in society today for students to pursue higher education after graduating from high school. College tuition is on the rise, and a lot of students have difficulty paying for their tuitions. To pay for their tuitions, most students have to take out loans and at the end of four years, those students end up in debt. Student loan debts are at an all time high with so many people graduating from college, and having difficulties finding jobs in their career fields, so they have difficulties paying off their student loans and, they also don’t have a full understanding of the term of the loans and their options if they are unable to repay.
There is a graph that was published in the article “Value of a College Degree” and it does a phenomenal job showing the difference between having a high school degree compared to having some sort of college education. Although it shows that the average person who gets a bachelors in college tends to make about 500 dollars more than someone that only has a high school diploma, it also shows that the unemployment rate for people with a bachelors degree is about half that of someone with only a high school diploma
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
"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.
Most people know that having a college degree could get you a higher paycheck. However, what people do not know is how much of a difference that degree could get you. Through a study of more than 6 million employees, it was found that people with a four-year degree make about $215,000 more than people without a degree. In addition, people with a graduate degree can make about $440,000 more over a period of twenty years, according to The Ladders (2013, September 7 p. 1). Three quarters of the highest paying industries, eighty percent professionals hold at least a four-year degree. (The Ladders 2013, September 3 p. 2).
...truth. today’s job market is fiercely competitive. With unemployment at an all time high, it is near impossible for one to find a job with or without a college degree. Hundreds of layoffs and fewer openings can really make it hard on those who have just graduated and are trying to find a career. Just because you have a college education does not guarantee a job, or job security. It just makes you a better candidate.
Some reporters and commentators have dubbed student debt “the next subprime.” This comparison certainly grabs a reader’s attention, and it may cause readers to ask: Does student loan debt in the United States have the potential to cause a similar amount of financial damage as the mortgage crisis?” What this means is that student loans are increasing so rapidly that they have managed to exceed credit card debt and is increasing at an uncontrollable rate. I also believe it’s interesting when they state, “A higher rate indicates that more loans are becoming seriously delinquent and is an early indicator of potentially greater credit losses. The rate of new serious delinquencies for student loans has been relatively constant since 2006 at around
Individuals who has a college level education are employed at higher rates and with greater consistency. Those people with less than a high school degree are more than three times as likely to be unemployed compared to a bachelor degree recipients.
When coming into terms with what a college degree means is simply a certification. In basic terms, a degree is simply a piece of paper certifying you met a certain level of scholastic achievement, but what happens in the class room doesn’t always translate into the real world. College degrees don’t always guarantee a good salary or guarantee a job. There are many high paying degrees, but for every high paying degree, there are two low paying degrees. There are also degrees that have a limited market. Simply having a college degree doesn’t guarantee one will get the job, nor should it. Employees need to bring skills to the table, as well as the ability to continue learning, growing, and providing value for their employer(s). I am not saying people who choose low paying degrees aren’t successful, not even. Many people choose degrees based on what makes them content,...