I have no doubt that college is still worth it. College graduates make more money than people who just reach a high school diploma. College grads have the facility to find a good employment with a good salary and different types of benefits. Moreover, with a college degree you will be working in something that you really enjoy. I maintain that a college degree will lead you to have a better economic status.
There is no doubt that here in America we are dealing with one of the greatest economic downfalls. It is said that 46.2 million Americans are now living in poverty. This is due to the shrinking number of jobs, the rise of the working poor, the dependency on the government is raising, health cost (the biggest threat of all) are crippling American families, and more and more children, our nations future, are living in poverty or close to poverty. Due to the recession in America people are forced to do what is necessary in order to survive. For many businesses and companies one of the easiest ways to save money has been by reducing the number of employees.
The Effects of Obtaining a College Degree If a person attends college, it will open a whole new list of jobs he/she can take. A person will most likely be paid more just because he/she will have a larger wealth of knowledge in their head as well. Financial success and knowing a few things in life will make him/her happy, and will most likely live a much more comfortable life. People who obtain a college education will be much more likely to be financially secure, get jobs easier, gain more knowledge, and basically be happier in life. It is a fact that by going to college a person will get better jobs for higher salaries.
With the economy in the shape it is, it makes those full-time jobs seem like only part-time jobs. “We are spending more money fighting poverty than ever before, yet poverty is up,” said Michael D. Tanner, a senior fellow at the Cato Institute. “Clearly we are doing something wrong.”( Poverty Stats Show the Damage) Specialists say the government needs to rethink their calculations of poverty. According to Carol Morello’s article, “Poverty Stats Show the Damage,” about 44 million Americans (one in seven) lived in homes at the poverty level. For a family of four that level is $22,000 annually or less.
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
To get a higher education is perhaps crossing the biggest milestone of your life. A college education is a very valuable thing and everyone should get one, so that we can all be enlightened and help make our society a better place. A college is a place where people come together in an environment that helps nurture their educational curiosities. For example, a college student and a high school student have a lot of differences when it comes to doing stuff like work because a student from college can rationalize than a high school student.
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. Another serious decision young people have to make is choosing the right college for their future. Students who attend the top-ranked colleges earn 2 million dollars of payoff in their lifetime! Getting into a 4-year college can be important, as they have a greater chance of graduating than students who attend open access colleges. In addition, nine of ten college graduates says college was worth the time and money.
Also, because of the lack of employment there is a lot of child poverty. Child poverty is when a household’s income is less than 50% of the national median. In England over 1 million households are affected by child poverty and over 42 million people are affected by unemployment. In Greece approximately 6 million families are influenced by child poverty and just fewer than 9 million families are overwhelmed by unemployment. England and Greece are democracies and choose their Prime Ministers.
In this essay I will discuss how this statement is widely recognised as fact, however how it may have less value in today’s society than for example 100 years ago, and how in some cases it may not be so, and if so how it could alter the future? Millions of pounds get pumped into prisons every year, and they require a substantial amount of funding to be maintained. Specifically, a recent statistic has shown that the government have decided to spend £1.2 billion on 10,500 new prisons by next year. It also costs the state thousands a year to sentence people and to maintain prisoners. To put simple, prisons cost an awful lot.
The college opportunities compared to the past 20 years have increased tremendously since online distance learning has become an important gateway for education, especially for those who don’t have the time and convenience to attend a traditional college. According to College board, “The typical bachelor’s degree recipient can expect to earn about 73 percent more over a 40-year working life than the typical high school graduate earns over the same time period “. It’s almost impossible to get job in an economy that is in recession without a college education. Employers are demanding more of job candidates than ever before. The college degree is becoming the new high school diploma, the new minimum requirement.