Our society undervalues entrepreneurial work, trade skills, and it discourages young people from pursuing this type of education after high school. Now this isn’t a good thing for a few reasons. For example, tuition fees have gone through the roof to go to college over the last thirty years, and that means debts are increasing ridiculously. According to stats from CNBC, right now in the US, college related debts are over a trillion dollars. This debt is getting harder and harder to pay off too, because there are so limited jobs available for college graduates.
Why Education Matters Education is a very important subject of discussion. Today, there are many different names and titles for academic roles, and sometimes it’s hard to tell which title can bring you the farthest in life. For example, if you drop out of high school, you can take the General Educational Development test (GED). Unfortunately, it has been discovered that a GED doesn’t provide any opportunities that a high school diploma doesn’t. Going to college today is more important then it was in the past., as a college graduate can annually earn $17,500 more than a person with only a high school diploma.
This was determined by the Project on student debt, a non profit organization. Hard to believe but in 2004 that number has increased by 25% showing that the amount of debt from the increasing tuition is rising at an exponential rate. (Value of a College Degree) While some argue that being tens of thousands in debt is not bad, they tend to forget that this is just for some undergraduates, and for students that wish to pursue the highest education for their degree they must go through many more years of school and tuition. That could mean having debts in the hundreds of thousands for those who
Actually if you listen to him carefully it does make sense too. There are people who dropped out college and are very successful in their lives, For example, Bill Gates, Mark Zuckerberg and Steve Jobs. There are good numbers of careers where degree is not a main factor; all that matters is your hard work and experience. There are different ways to educated yourself rather than college. There are many unemployed people who attended college and think all the investment they did in their study was in vain.
Parents spend a lot of money for their son or daughter to better them through higher education. Alcohol directly causes that investment to be wasted away. “Alcohol consumption before and during final exam period is detrimental to students’ performance. The effect is particularly significant for the highest-performing students, according to the study” (Daily Princetonian Staff) this quote explains how alcohol consumption is directly associated with failing grades, even in usually high performing students. The quote came from a study taken during finals week at a college.
A college education, in the world today, allows you to advance in society and earn more money no matter what level you achieve. The workforce is changing so fast regarding degree level to have. When I was graduation high school most people were only obtaining an associate degree. Now the workforce requires you to have a minimal of a bachelor degree for entry level jobs. With the struggles of inflation and the lack of well paying jobs for the young graduates, affording an education after high school is almost impossible.
According to Vedder this is an almost impossible claim to measure and the money spent on higher education through these programs exceeds the economic growth. The second rationalization is that higher education promotes equal economic opportunity.Vedder states that over the last four decades even though the number of adults with a four year degree have tripled, income equality has actually declined.Vedder says that “ In reality, higher education does not promote income equality ” Vedder (2;4). The third rationalization is that not enough students would go to college if there were no federal loan programs because private market loans to students are defective.Vedder states that there should be
According to a article from www.classroom.synonym.com "The Atlantic reported the unemployment rate for people with college degrees as 3.7 percent versus 12 percent for people with high school diplomas. Also, employed high school graduates have a lifetime earning potential of almost half of college degree holders". Which backs my choice to further my education because in the long run without a college degree supporting yourself or family will be much harder.” I've read in article from www.blackenterprise.com "A recent survey published by Lorin Hitt (professor, Wharton School, UPenn), Prasanna Tambe (Stern School, NYU) and Matt Ferguson (CEO, CareerBuilder) found that employers are upping the ante when it comes to education requirements. More than 2,700 employers were included in a survey that found that nearly 18% of private-sector companies increased their educational requirements over the past five years. Similarly, 32% of employers say they’re hiring college-educated workers for jobs traditionally filled by people with high school diploma.
Educational Benefits of a College Education In the article, “Is College Worth It,” Richard Vedder argues that college is not worth going for everyone. Explaining that college tuition has increased by double and is often more expensive than what students can afford, Vedder argues that it might be better to choose not going to college for some students. In addition, he states that after graduation from college there are not enough professional jobs. He concludes that students should consider whether college is worth it or not based on their academic levels. Although Vedder’s argument is somewhat convincing because he points out the economic problems of a college education, he neglects educational benefits that students could get from a college education.
Eric Fobb Mr. Greer ENGL 92-08 December 2, 2013 "Is College a Waste of Time and Money?" As of now in our society, a college education is no longer an option or privilege, but rather a necessity. Many college students would feel that college is a waste of money because they do not learn what they want to. Instead they have to take classes that have close to nothing to do with their major, but are only taking these classes in order to fulfill a general educational requirement. Let's face it, most people go to college only for the title of being called a "college student."