Sunday, May 19, 2019
A College Degree Is Worth the Effort and Expense Essay
In todays economy many people applaud if a college spirit level is worth the time, effort, and expense it takes to complete it. I, a twenty-seven division old who did non think it was worth it when I graduated from high school, cast changed my position on the issue. I have had experience in todays workforce and it is not easy to find a straight job with wholly a high school diploma and it is extremely difficult to find a job with decent pay and any benefits in which you have a chance of advancing in that career. These things are essential for a productive and fulfilling life.I believe that getting a college degree is comfortably worth the time, effort, and expenses. A report by the Pew Research Center found that college graduates make nigh $550,000 more than high school graduates over the course of their careers (Cass). This shows the significantly larger income opportunities of having a college degree versus and a high school diploma. Imagine the difference of making $465 ,000 compared to $1,015,000 over a thirty year career? Breaking that down for $465,000 would be $15,500 a year, $1,291. 67 a month, $300.39 a week, and $7. 51 a hour compared to $1,015,000 or $33,833. 33 a year, $2,819. 44 a month, $655. 68 a week, and $16. 39 a hour. It is a big difference In todays workforce we have an increment in unemployment. The unemployment rate in 2010 was 5. 4 percent for people with bachelors degrees and less for those with higher(prenominal) degrees, according to the U. S. Bureau of Labor Statistics. Meanwhile, 7 percent of those with associates degrees and 10. 3 percent of those with only a high school diploma were out of work (Cass).This shows that obtaining a college degree enhances chances of becoming gainfully employed. Charles Wallace also writes about the demands of our workforce and our need for college information. Wallace quotes a report that estimates the economy will create about 47 million jobs by 2018, including 14 million new jobs and 33 million jobs replacing workers who leave of absence or retire. About 33 percent of those jobs will require a bachelors degree and another 30 percent will require an associates degree or at least(prenominal) some college training. Only a third will be available to people with a highschool diploma or less. The cost of college has increased more than many other things in todays society, in fact the cost of college has nearly doubled in the past 10 years, while housing costs and the overall Consumer Price Index have risen less than 25 percent (Cass). However the rewards you can get from college still outweigh the effort and expense at least for now. The government is trying to help ease the burden, starting in July 2014, loan recipients will have to turn over only 10 percent of their income to loan repayments, rather than 15 percent.And those loans will be forgiven after 20 years, rather than the current 25 years (Brooks). If the costs continue to rise so dramatically thus the costs will eventually begin to outweigh the rewards. However when you escort at the rewards you have to look at more than just the financial gains there are many other rewards to consider such as health insurance, retirement plans, experience with more diverse cultures, and the positive egotism-improvements that come with college education. As Charles Nelson, author of the essay, Investing in Futures the Cost of College states, degrees pay off in other ways too.College exposes students to new issues and assailable areas it helps students to consider the value of things that might otherwise seem pointless college graduates may lead more honour lives, being more mentally engaged by their surroundings (333). I believe a college education is a very important investment. It outweighs the costs many times over. College education opens many doors and lasts a lifetime. It increases the cogency to understand other societies, helps to explore options that may have never been considered befo re, and contributes to a greater sense of self fulfillment and self-worth.
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