There are different advantages and opportunities given to college graduates that make the effort to obtain the education that will aid a future profession. One reason college is worth the cost, is the fact that there are fewer jobs that only require a high school diploma. Another is that higher paying jobs require a college degree. The last reason is that college educates students to build a better foundation for a future career, and also gives experience how the job would be. Without an education, higher than a college degree, it could be difficult to get a job. According to David Leonhardt, “College graduates, though hardly immune from the downturn, are also far likely to be unemployed than non-graduates.”(Leonhardt). In other words, Leonhardt …show more content…
In “Is College Worth It?” it states that, “Adults who graduated from a four-year college believe that, on average, they are earning $20,000 more a year as a result of having gotten that college degree.” (Is College Worth It?). Statistics show that college graduates tend to acquire more money based on the fact that they have a degree that shows they studied to work in that field of study. Of course, many will probably disagree with this assertion because college graduates will also be having to pay off all their student loans after they have graduated from college. Ben Wieder disagrees when he says, “Students today are taking on more debt, and recently tightened bankruptcy laws making it more difficult to shake that debt...” (Wieder). Even though these college graduates will be in debt, they will learn to manage their money in order to pay off their debt and live a stable …show more content…
Michael Roth himself writes, “Post-secondary education should help students to discover what they love to do, to get better at it, and to develop the ability to continue learning so that they become agents of change- not victims of it.” (Roth). In other words, Roth believes that college is meant to help students discover not only what career they have a passion for, but builds on that career to become capable of making a difference. On the other hand, Princeton economist Alan Blinder disagrees by saying that, “the crucial distinction in the emerging labor market is not between those with less or more education, but between those whose services can be delivered over a wire and those who must do their work in person or on site.” (Crawford). Blinder argues that people don’t really care about the amount of education someone has, they are just worried about getting the job done and the efficiency of the work. In reality, if it comes down just getting the job done, would the employer want someone who is educated empirically or would the employer want someone who has just been shown what to do but cannot explain how they get the job done? College is an enormous and important expense that most high school graduates have to decide whether or not the education is worth all the time and if it 's a squander of money. College is worth every dime
In today’s society, it has been found out that college graduates have a hard time seeking a job and end up with a sky-high student debt. This reality then poses a question, is going to college worth the time and money? An essay in the New York Times published in May 2014 entitled, “Is College Worth It? Clearly New Data Say,” by David Leonhardt states, “For all the struggles that many young college graduates face, a four-year degree has probably never been more valuable” (33). In his essay, Leonhardt sets the stage by describing the struggles a college graduate might have such as student debt, no work after graduating, and accepting jobs they feel overqualified.
Keane begins with stating the median price a college degree student makes above a high school graduate student, which is very intriguing. Keane goes on to say that what we all are told about a college education being important, because you are better likely to find a job and make more money is all true and the gap will only get thicker through the years because “future jobs will require greater levels of skills” (IDK). Although, is college needed for those skills? Keane believes the other options for an example, trade school and work experience provides you with exactly and only what you need on a desired field; you learn hands on and gain the experience to work straight into your field in a shorter amount of time. I will use this information to imply to the reader that it is not college that makes you smart, getting into college is actually proving your abilities through test scores, but, depending on what you would like to have a career in could change what track you take to achieve the education you
If you get unemployed how will you take care of your family? Graduates from college typically don't have to worry about unemployment. “The unemployment rate for people with a high school diploma is 6.0%, there earnings are around 668 dollars a week.” This percent is very high. People who spend their time and invest there money in college don't have so much to worry about.
For starters, college graduates earn much more money than those with a high school diploma as their highest level of education. According to the article “New School Year, Old Story,” college graduates earned an average of $415 more per week than high school graduates with no college degree (Bureau of Labor Statistics). Also, they earn about 63% more in hourly wages (Five Ways Ed Pays). Finally, as stated in “Actually, College Is Very Much Worth It,” the median weekly earnings of a college graduate are $1038 (Rotherham 80). College
The authors’ emphasis on “on average” is very effective at showing how their point makes sense and why it should be taken into consideration. I found the way that the authors focused on the minority more than the majority was skillfully effective at showing how some career paths do not require a college education and that the return in investment would not be worth the cost. Throughout their argument I found the writers to mostly use Logos and Ethos in their writing. The Logos is evident by the way they use statistics and the Ethos by how they state telling someone the only way to be successful is to go to college is a disservice. This is effective at making the reader think about how this should affect the decision of going to college and whether they should push someone to go to
The article “Is College Worth the Cost? Many Graduates Don’t Think So” by Jeffrey J. Selingo describes that most of the graduate students’ who had already completed their four years at a university and earned their bachelor’s degree are in debt for over a couple of years paying off their education. As stated by Selingo, those students that got a higher education are likely to be unemployed because the unemployment rate for college graduates is still at 9 percent, which makes it difficult for students to start paying of their debts. According to the Federal Reserve Bank of New York, the wage of college graduate workers has declined about 10 percent for the first time. Even if the college graduates do start working right after finishing their education most of
In the 'Financial Advice Column ' it states "college graduates are more likely to find job opportunities and be employed. " These young adults also have more job security than
The people that attend college obtain higher paying jobs. “The average debt now is about thirty thousand dollars for kids” (Anthony). Those with a bachelor’s degree or higher have higher earnings than the people with less education (Bellenir 54). Therefore, people that have degrees have a higher chance of finding exceptional occupations, also people bring in a great deal. “The earnings of those with less than a high school diploma decreased $5,200 during this period, while the earnings of those with a bachelor’s or higher degree increased $2,700” (Bellenir 56).
These studies have proved that college is not worth it in the long run. College graduates are beginning to have high expectations on their wages earned. New college students are losing ground on wages by the time they graduate. Many are working hard to earn a degree, going into debt, making sacrifices financially. But, the lack of wage growth is affecting them after college.
The unemployment rate was 9.2 for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates” this is another piece of evidence that going to college will benefit your life, it will help you when you have trouble finding a job the owner of a place will see you are college graduate and will most likely pick you for your past experience.
According to Andrew J. Rotherham’s article “Actually, College Is Very Much Worth it. ”he states, “Meanwhile, in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates.” The data Rotherham provides shows that even with some college education, you have a higher chance of getting employed than those with just a high school degree. The one group that outweighs all the others is the college graduates proving that with a college degree unemployment is less likely to befriend people who do pursue college. Some people might say that there are loads of jobs that do not require a college degree, especially in this time and age.
Forgiveness programs can be lifesavers for borrowers drowning in student loan debt (Snider 1). However, jobs for recent grads are harder to find and salaries are lower, but that won't last forever; in spite of all of this, the data make clear that getting a college education is still a good idea. College graduates earn more and are more likely to have a job in the first place, and is especially important for some Americans (Webley 2). According to the Bureau of Labor Statistics in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent
A college degree is no guarantee of workplace benefits. “In 2013, 68.9% of employed new college graduates did not receive health insurance through their employers and, in 2011, 27.2% received retirement coverage(down from 41.5% in 2000).” Many recent college graduates are un- or underemployed. “In 2011 50% of college graduates under 25 years old had no job or part-time job. The unemployment rate for recent college graduates was 8.8% in Feb. 2013, down from 10.4% in 2010, but up from 5.7% in 2007.
In the face of student debt, Denhart says “If you accumulate a debt of $38,600, you will be paying $320 a month till you pay off your debt. ”(Denhart) Even though one may accumulate student debt, there are so many advantages of a college education. With a college education, one can get a better paying job, meaning better wealth. Addition to that, unemployment rates will decrease and employment rates will increase.
It is a known fact that college graduates usually earn more than a regular high school graduate so in an effort to be successful it just makes for one to obtain a college degree. According to a U.S. News and an article published by Danielle Kurtzleben, it is a confirmed fact that People with college degrees have a far easier time finding a job than those without a degree. Among 25 to 32 year-olds with a college degree, the jobless rate as of March 2013 was 3.8 percent. At 8.1 percent, the rate was more than twice as high for those with a two-year degree or some college, and it was more than three times as high for those with only a high school diploma at 12.2