The Benefits Of College Essay

1200 words - 5 pages

If you were to by chance walk into a normal, bland Economics 101 class, you are almost destined to overhear a professor speak about one of the most important cornerstones of basic microeconomics, opportunity cost. By definition, opportunity cost is what one forfeits in order to pursue something else. A big decision of life that exemplifies the exact definition of opportunity cost is when teenagers go to college. Instead of getting a job at a low level right out of high school, many of todays concerned teens are giving up their ability to immediately labor for income and instead go straight to college in hopes of obtaining a higher level occupation. The concerning question on the mind of unknowing newcomers to the real world is, however, if college is all that it’s built up to be. The fact is, if you look at attending college in the long run, the ability to conceal a high paying job by the time of graduating is very high, making the opportunity cost very worth it.
There are a plethora of people who will tell you college is in fact not worth the supposed wasting away of your money because you will never be able to compete with the rising cost of student loans that have plagued the recent population of higher learners. This is true if you only look at things though a very small spectrum. Sure, the economy might not be at the best it’s ever been, but another concept of economics that needs to be acknowledged is the business cycle. The business cycle is a very solid theory that says that the market will follow a distinct pattern of going through a period of recession, severe recession, normalcy, and then surplus. As of 2013, the current market state is following upward slope after a devastating severe recession and we’re now just right below the line of normalcy. One of the big determinates of how to tell when the market is doing well or not well is by looking into what the current and expected unemployment rate is going to be. In 2008, when the stock market crashed after many over-speculated, overvalued stocks and loans were let go by leading American banks, the unemployment rate shot up over the next two years to record breaking numbers. “The unemployment rate surged to 10.2 percent in October [2009], reaching double digits for the first time in 26 years.” (www.nytimes.com). Ten percent is a massively large number considering the United States has over 300 million citizens, therefore, the state of the country was quickly regarded by economists to be in a severe recession. It’s important to analyze statistics like these to decide if it is a worthy investment to attend college because there are only so many jobs that exist in the world. This is not to fear in recent years, though, because since the state of our country is on an economic upturn, the unemployment rate is falling at a stable rate. “The U.S. economy added 148,000 jobs in September [2013], as the unemployment rate ticked down to 7.2 percent, the Bureau of Labor Statistic reported Tuesday.”...

Find Another Essay On The Benefits of College

The Real Benefits of Part-time and College Students

982 words - 4 pages places. College students that work part-time would not have to worry about paying transportation expenses and do not have to depend on getting a ride from somebody else. One of the big expenses is car insurance and since most college students are new drivers, the prices on auto insurance are pretty high. Everyone needs to pay auto insurance in order to drive, and those who do not have a job will less likely to afford something like this. Also

The Benefits of a College Education and Obtaining a College Degree

578 words - 3 pages ; acquiring a college degree has proven to positively affect every aspect of life. As more jobs that do not require a college degree becomes available, people are led to believe that the benefits of a college degree are dwindling. Though this is true, the benefits of having a college degree still remain. The very purpose of a college education is to empower students with life skills that will enable them to contribute positively to society. While

The Benefits of Running

1724 words - 7 pages meter run and how much it meant to me as a runner. Writing this essay about my personal experience with running sparked my interest in learning all of the health benefits that come with running on a regular basis. In conducting my research, I found that running is not only a great way to maintain a healthy weight, but it is also great for your heart, mind and mood, bones and joints, and other body systems. As most people know, running is a great way

The Benefits of Laughing

1723 words - 7 pages The Benefits of Laughing Children laugh about 25 times more than adults every day (Crystal and Flanagan par. 2). Yes, they are young and innocent, having never experienced the real world, but most children are also very happy and seemingly worry free. Students in college could learn from these happy youngsters. Laughing more every day would relieve some of life’s daily stresses as well as improving individual health. Therefore, the

The Benefits of Homeschooling

728 words - 3 pages benefits than traditional public school. Works Cited Cogan, Michael. “Exploring Academic Outcomes of Homeschooled Students.” Journal of College Admission 208.8 (2010): 18-25. Web. 4 Mar. 2014. Elie, Paul. "The Homeschool Diaries." Atlantic Monthly 310.3 (2012): 94-95. Web. 4 Mar. 2014. Isenberg, Eric. “What Have We Learned About Homeschooling?” Peabody Journal of Education 82.2/3 (2007): 387-409. Web. 4 Mar. 2014. McMahon, Maureen

The Benefits of Homeschooling

1736 words - 7 pages The Benefits of Homeschooling In today’s American society, quality education is important for one to succeed. Without proper education, a person will find it extremely difficult to apply for college, a job, or to pursue his or her dream. Typically when Americans think of education, public education is the first to come to mind. Public education has been around for centuries and is provided to most children throughout the United States. Due to

The Benefits of Breastfeeding

1362 words - 6 pages lasting change. And as such, graduating students should be confident in their capability to communicate the benefits of breastfeeding to mothers, address feasibility concerns, and troubleshoot lactation issues. By and large, the most commonly reported barrier to breastfeeding counseling is inadequate training.24 Baylor College of Medicine (BCM) Physician Assistant program’s breastfeeding curriculum was implemented in 2011 and is comprised of an

The Benefits of Obamacare

1119 words - 5 pages Because millions have been able to free ride the health care system Obama emplaced a new health reform changing thousands of lives, making healthcare affordable for all people and giving citizens who are already covered new or more benefits. Healthcare has always been a pricey yet necessary asset to life. In the 1920s the middle class seemed to have struggled with the growing cost of medical visits. In the late 1920s a Dallas hospital started to

The Benefits of Running

2479 words - 10 pages benefits of participating in running include experiencing a fun activity, many health benefits, a low cost sport, and sponsoring charity organizations. When starting to get into shape many people dread the thought of exercising. While getting in shape anyone can experience fun and fulfillment. The task of getting in shape will change one’s life for the better. When running anyone can experience a good time. “Running does more than help improve

The Benefits of Music

1129 words - 5 pages The Benefits of Music Think back on a time when you experienced something stressful. How did you cope with it? Recall a time when you needed to relax. What did you use to help you? Chances are your answers involve music. The desire to play music while working, studying, or even relaxing is universal. Whether playing the music, singing along, or just listening, music can have many positive effects that aren’t often recognized. Music is unique

The Benefits of Exercising

1209 words - 5 pages The Benefits of Exercising What can exercise do for me? Exercise does more then reduce weight, it can improve both our health and fitness, and should involve using as much of the body as possible. Exercise has two main benefits: v Short term these are the effects that happen during the activity itself and also contribute to the long term benefits e.g. the heart rate will increase, which will increase the flow

Similar Essays

The Benefits Of A College Education

837 words - 3 pages community colleges to get around the high cost of education. These benefits are given to us so that more and more educated Americans can contribute to our society. In the near future, I expect to gain many important aspects from my college education. The first and most important thing I hope to gain from this experience is independence. In my opinion, having a successful career of your own is one of the best things you can accomplish. The best

The Benefits Of A Liberal Arts College

1134 words - 5 pages not mean that liberal arts colleges are worthless and a waste of money. A recent article published by College Node outlines the benefits of a liberal arts college over larger universities. Among these include a greater undergraduate focus, something that is very lacking in larger universities. One of the biggest complaints that undergraduate students have in large universities is that professors are often too focused on their research or graduate

Academic Benefits Of College Athletics Essay

988 words - 4 pages Education and athletics, two of the most prized activities within our society. It's therefore no surprise that the two so closely link in one of our society’s favorite pastimes: college sports. Some believe that these two things benefit each other and some don’t. In the Forbes article titled “Rethinking the Benefits of College Athletics,” the author Jonathan Robe, a research fellow at the Center for College Affordability, explains, “In my short

The Value And Benefits Of A College Education

837 words - 3 pages part in the formation of an individual's character. In this paper, I will discuss the values and benefits of obtaining a college education.A college education increases career opportunities and provides a better earning power. Obtaining a degree can result in a vast of employment opportunities because today's employers consider it a necessity. Employers often screen out applicants without a degree, from the interviewing process, regardless of