This website uses cookies to ensure you have the best experience. Learn more

Is College Worth The Cost? Essay

1645 words - 7 pages

College. It is the seven-letter word that almost every child will hear thousands of times while they are growing up. They constantly are bombarded by the idea that they must go to college if they want to be successful. However, what if this is a false statement. What if college isn’t as great as everyone makes it out to seem. Well, these days some people believe that young people are better off, not going to college. Over the years the economy around the world has changed. It has prospered, and it has fallen. As the economy went downhill the government began cutting funds in areas that they felt were necessary to exterminate. One of the largest areas of funding that was cut was education. ...view middle of the document...

This is because the potential of pay for college graduates has been on the rise, while the potential pay for less educated people has been on the fall. (Don Lee) This increasing pay gap has shown repeatedly that the investment for a college education returns the money. If a student invests a substantial amount of money into their college education, they will be given the potential to pay off all of those loans, and the entire investment they made will be returned through their salaries they will be making. Pew Research Center has done surveys, and has completed research about college graduate wages, and they have found that college graduates aged 25-32 that are working full time earn about $17,500 more than their peers with only a high school degree. (www.economist.com) This is a significant difference in pay, and can cause a college graduate to earn a drastically increased amount of money throughout their life, compared to a high school graduate. In fact, over their lifetime, college graduates can make an average of 84% more money than those who stopped their education after high school. (Julie Margetta Morgan) This makes the amount of money a person invests into a college education less, in the long run, because all of the money and more will be returned to the college graduate, through the jobs they are able to gain, or pursue, and the wages they are able to make.
Along with the increased pay wages, college students also face less unemployment than people who don’t receive a college education. It is no secret that the unemployment rate has been extremely high in the United States the past couple of years. Today, the unemployment rate for young people with only a high school diploma is more than 13%. However, for college graduates, the unemployment rate is less than 5%. (Julie Margetta Morgan). This unemployment rate shows the value of a college degree. In the recession, when jobs are harder to find, many people are hiring college graduates over those with only a high school diploma. _______ states, “A college degree can illustrate ambition and give you an edge of other job applicants, or keep you competitive with them.” (www.moneycrashers.com). This shows that the money that is paid for a person’s college education will help students find a job quicker. This will then help them earn their college investment back, and eventually make a higher salary than those whom didn’t receive a college education.
Other than the great educational opportunities, and monetary advantages college gives a student, it also has some other advantages as well. College gives students a chance to explore new fields, and concepts. It helps students figure out what careers they want to go into, and what they want to do in their lives. (www.moneycrashers.com ). This career direction college provides is very important. In high school, students are not giving much time to explore different careers. They are given the building blocks, and learn the fundamentals, to majors...

Find Another Essay On Is College Worth the Cost?

Is College Worth the Expense? Essay

1438 words - 6 pages now aiming low when it comes to college- or are simply not going at all. Money could play a huge part in this decision- after all, the cost of college has skyrocketed over the years, and so has the amount of student loan debt. This is something even Leonhardt admits, stating that, because of this, only about 33 percent of young adults get a four-year college degree today, while another 10 percent receive a two-year degree (Leonhardt). And even

Is College Worth The Effort? Essay

898 words - 4 pages Is College Worth The Effort? "College has been a total waste of your time and money!" Imagine telling that to a student who just finished four years of hard, grueling, expensive work; or, even worse, a parent who paid for their child to finish that same grueling work. But, in some ways, that statement can’t be any further from the truth. College can prepare a student for life in so many more ways than for a career. However, in the way

Is College Worth the Price?

1904 words - 8 pages other students attend community colleges with the hopes of transferring to a four-year university: to reduce the overall cost of a higher education. The lack of resources of providing students in these situations causes us to choose community colleges based mainly on their cost. Another reason I attend a community college is because I don’t have a high school diploma. I was accepted into college under the Ability to Benefit

Is College Really Worth the Trouble?

1402 words - 6 pages What if I am too broke to afford to go to college? College is expensive and the costs are continuing to rise. I ask myself this question everyday and wonder is going to college actually worth it. The future of higher education is continuing to evolve and I believe that college is affordable to anyone who truly wants to go. The future of traditional college is in jeopardy. Sometimes going to college and spending the money is not always the best

"Is College Still Worth The Expense?"

874 words - 4 pages important. Without knowledge we won't be able to achieve our ambition in life.At first, I thought college would be the easiest part in life but it wasn't. For many reasons the tuition rates nationally keep going up and more students than ever are wondering whether or not they have the money to attend a four-year university and whether it is worth the cost. People are asking "Is college still worth the expense?". Some people say "YES" but others say "NO

Is a College Degree Worth the Costs?

1046 words - 4 pages college education and develop alternative solutions to the millennial generation’s demand for applicable skills and employability (Thurman, 2013). A student should realize how much a college education is worth before deciding to attend. A student should take on his or her responsibility for achieving an education to help pursue more advanced career opportunities. References Bruenig, M. (2013, September 26). Since 1991, only college graduates

Is College Worth It?

1652 words - 7 pages price of attending college. Andrew Hacker and Claudia Dreifus, the authors of “Are Colleges Worth the Price of Admission?”, write that “For most Americans, educating their offspring will be the largest financial outlay, after their home mortgage, they’ll ever make” (179). The amount people pay to attend college is outrageous these days. To attend an in-state public university can cost up to around $25,000 a year. Private colleges can be around

Is College Worth It?

1078 words - 5 pages also the fact that some people do not believe they have the potential to attend college. These topics can all go into great detail and make a person chose whether they think college is really worth their time. One of the biggest things people are concerned about these days is the price of attending college. Andrew Hacker and Claudia Dreifus, the authors of Are Colleges Worth the Price of Admission?, write that “For most Americans, education

is college worth it

1003 words - 5 pages Despite of whether going to college is worth it or not, recent college graduates have become more successful in their lives. Some people may think that attending college is a waste of time and money, while others feel that college gives them valuable skills in the real world. College will help the person gain the necessary work skills for his or her future job career. Moreover, the job that a person gets after college can outweigh the money and

Natural Gas Production: Is it Worth the Cost?

723 words - 3 pages Your name10/1/2014Recitation day/time/TA nameCT #, Question #, ID ###-####-123Word Count: (25 + 417 + 43 + 15 + 25 + 21 = 547)Natural Gas Production: Is it Worth the Cost?Interpretation (25)Despite advancements in fracking technology lowering gas prices, its negative environmental and human externalities are too steep. Fracking is not a sustainable long-term energy option.Analysis (417)When burned, natural gas emits carbon dioxide into the

College Is Not Worth It: The Fleecing of America's Youth

4153 words - 17 pages question is, “is college worth it?” The answer to this questions is even more daunting for today’s average family and prospective high school graduates. A major problem for today’s high school graduates is the rising price in college education. Attending college can add up really fast; it can cost up to tens of thousands of dollars per year (Barkan 1). No wonder, in Steven Barkan’s book of social problems, issues and problems in higher education

Similar Essays

Is College Worth The Cost? Essay

1144 words - 5 pages earnestly by the students. College education is a worth of cost because it basically provides students with great benefits, which can be a good help in shaping their future goals. First, college degree graduates have better opportunities in finding a high wage job. “Graduates enjoy increased opportunities for employment at higher rates of pay, providing them with the wherewithal to pay off debt, if they are wise stewards of that debt.” (Smith, 29

Is College Worth The Cost And Student Debt

825 words - 4 pages Ever since I was little I have been told to go to College. I have been told that with college I will get a really good education to make a difference, and to have a good living. What I wasn’t told throughout the years is if college is worth the cost and how much money I will need to go to college and get the education I want or need to succeed in life. Is college worth the cost? In many cases college is indeed worth the cost, but with having to

How The Cost For Education In A College Setting Rivals After High School Employment. The Question States "Is College Is Worth The Cost?"

527 words - 2 pages rising. This should put a very serious question, for the not so distant future, in these student’s minds. How are they going to make sure their child can afford college?Sources“College Tuition Keeps Rising” By Kim Clark 2007 US News & World Report online.“The Odyssey Years” By David Brooks NY Times.Com Published October 9th 2007“Is College Worth the Money?” By Scott Burns Moneycentral.msn.com

Is College Worth The Money? Essay

1161 words - 5 pages Is College Worth the Money? Imagine telling a student who just graduated from college that you have wasted four years of hard, stressful and even worse, expensive work. Unfortunately, in this cynical society today, the world isn’t just full of competitors, but it’s full of greedy money-grabbing businesses. The worst businesses aren’t manufacturing or electric companies, but colleges and universities. In Caroline Bird’s essay