Those who enter four-year colleges or universities should commit to obtain a degree because of the time and financial investment. Today, nearly 60 percent of all jobs in the U. Some of these benefits include higher tax receipts, increased public awareness about important social issues, and lower unemployment, teenage pregnancy and birth rates.
There is also a partisan element to these views, with Republicans and Democrats expressing highly differing opinions on the purpose of college.
Chart courtesy of Education Pays Baum says this earnings data suggests people get something from college that gives them a leg-up in the job market even if they never get credentials.
The State of American Jobs 5. College degrees should always be assessed on the basis of their current curriculum, desirability and potential future worth.
Other Benefits of a College Degree Apart from higher wages, there are numerous other benefits associated with obtaining a college degree.
But even bymost people were not going to college. After the war, college enrollment surged, due in large part to the GI Bill. They know they need a degree to help push them into a higher category of job, but they have to think about child care, work schedule, and energy level.
Overall society benefits from higher education. But credentials are also clearly important, as this illustration shows: Are you better off making a network of connections for the future, or building a personal skill that will set you apart from other graduates?
Injust 15 percent of high school students went on to higher educationand most of them were from upper-income families. Attending college can be a very difficult decision for students who come from families struggling financially. One of the authors of that report, economist Sandy Baum, says there is substantial evidence that going to college causes people to do better in life.
College graduates have significantly lower rates of unemployment and poverty than high school graduates, and are generally healthier and more adaptable. Society benefits overall from higher education. Inonly 26 percent of middle-class workers had any kind of education beyond high school.
But credentials are also clearly important, as this illustration shows: The value of a college education An extensive body of research has argued that obtaining a college diploma is a good deal for graduates on almost any measure — from higher earnings to lower unemployment rates.
What is the Value of a College Degree?The value of a college education By No Author An extensive body of research has argued that obtaining a college diploma is a good deal for graduates on almost any measure – from higher earnings to lower unemployment rates.
Making the decision to complete a college education can be a difficult decision. The investment of time and money is often considerable, and many prospective students must decide on whether the value of earning a degree is greater than the investment.
College education also teaches financial responsibility when the student has to make hard financial choices and learn to save money to buy lunch from the college canteen or that cool college backpack.
What is the value of a college education? It may surprise you that, on average, an individual with a bachelor's degree earns approximately $66, per year, compared to the $37, average yearly salary of a worker with a high school diploma.
The Economic Value of A College Degree There are many benefits that stem from college education, most of which justifying the expenses in the process of obtaining a degree.
Value Of A College Education Making Sure College Is Worth The Cost September 11, • When it comes to choosing public, private or community college, money is only part of the equation.Download