Is the college degree worth so much? Many students are asking this question when finds out how does it cost to get a degree. Additionally, it is even harder to get accepted to the college you dream of: you need to have high grades, talents, to be motivated in learning and creative enough to be a successful student. When you are thinking about your future, a college education becomes a great benefit and getting a degree is mandatory if you are willing to get high paying position of a qualified worker. However, not all people can attend a college of their dream, or even are not able to obtain a college education because of their financial abilities. In my essay on college education costs, I have decided to examine benefits of the education and obstacles met by the people who are in need of college education. Additionally, I have decided to purpose several solutions to make college education accessible to the people nationwide.
When you are thinking about your future, a college education becomes a great benefit and getting a degree is mandatory if you are willing to get high paying position of a qualified worker. However, not all people can attend a college of their dream, or even are not able to obtain a college education because of their financial abilities. In my essay on college education costs, I have decided to examine benefits of the education and obstacles met by the people who are in need of college education. Additionally, I have decided to purpose several solutions to make college education accessible to the people nationwide.
It is known that college education allows a person to achieve economic success in future. An assistant professor of economics and education at Teachers College at Columbia University Judith Scott-Clayton in her article on College investment shares her opinion on the success of students with the college degree:
“Individuals with bachelor’s degrees earn about 60 percent more than those with just a high school diploma, who in turn earn about 40 percent more than high school dropouts.”
This fact supports my opinion that students who attended college are much more successful economically rather than people who are less educated. According to the statistical data, students are getting the returns of their investments into the college education in four-five years after graduation.
Additionally, researches show that students who have got more education will more likely have a better future and higher quality of life. The educated generation of students will create a healthier environment with low crime rates. The society desires educated people because it makes it safer. According to the research conducted by Lance Lochner, Department of Economics, University of Western Ontario the impact of education on the social security is evident. The statistic data on crime rates during the years and level of education of individuals who were suspected in crime and were guilty was low, usually limited to middle school, in rare cases to high school. The wellness of these individuals probably influenced their decisions and search for better life lead them to a criminal path, so it worth the investment.
College is known to be a place to help people exploring the world. The experience we are getting during our college years is great. The college period gives us an understanding what the real world is and how it works. A research professor of psychology at Clark University Jeffrey J. Arnett in his article on college education said:
“College allows emerging adults to try out a wide range of possible paths to their future… It’s worth the time, because the benefits last a lifetime.”
The college is the way to explore you, and it forms the attitude to the world and different notions around us. This path gives us ability to understand what your future path is, is it right for you and much more. It is an option to get a suitable job and change the wealth way. The experience obtained during college years is unmatchable.
Additionally, during college years you can attend different courses and determine what kind of specialty you will love and what skill sets you need to develop to get your dream job.
However, on the other hand of listed above benefits, there are a lot of consequences which prevent talented people obtain a college education. Among them is money. There are a lot of individuals living below poverty line and even having a great talent in the discipline they are not able to afford the education because prices for the college are high. In addition, each year the cost of college education grows makes it not possible for more and more families to pay for the college education of their kids.
This issue may lead us to different problems. The first problem is a lack of qualified staff on the job market. Only a few people will be able to obtain a college education, so the competition between the companies who are interested in qualified staff will grow resulting specialties crisis. The lack of qualified workers will have a harmful effect not only on the companies but also on the US economy in general.
The second one is probably national crisis in our society. Because of our history, a lot of minorities are living below the poverty line. As a result, they are not able to solve their financial issues and their children won’t able to obtain a college education. Most of these people are from racial minorities. And, as numbers show, the crime rates between nonwhite citizens in the United States are higher. Moreover, I can predict that these numbers will grow because people are not simply able to afford education and are trying to reach wellness in other not legal way.
So our society needs to search for the solution and make college education more accessible for everyone. For example, in Germany, the education is completely free, but you need to study a lot to get a degree.
So, is college education worth it? I think that education cost is quite high nowadays. Of course, the positive influence of education on the individual future is evident, but not all are able to afford it. And each year it only increases without significant increase of family income onn the other hand. Less people can afford the education and we need to think about the control of prices or government support of poor talented people. The US government should support different kinds of scholarship programs and grants to make college education more accessible for the smart people of all levels of society.
Jensen, J. (2011). College Is a Good Use of the Young Adult Years – NYTimes.com. [online] Nytimes.com. Available at: http://www.nytimes.com/roomfordebate/2011/08/23/spending-too-much-time-and-money-on-education/college-is-a-good-use-of-the-young-adult-years [Accessed 18 Dec. 2016].
Lochner, L. and Moretti, E. (2003). The Effect of Education on Crime: Evidence from Prison Inmates, Arrests, and Self-Reports∗. [online] Available at: http://eml.berkeley.edu/~moretti/lm46.pdf [Accessed 18 Dec. 2016].
Metz, B. (2016). Is college worth it? Goldman Sachs says not so much. [online] USA TODAY College. Available at: http://college.usatoday.com/2015/12/10/is-college-worth-it-goldman-sachs-says-not-so-much/ [Accessed 18 Dec. 2016].
Scott-Clayton, S. (2011). Education Is a Good Bet, but No Guarantee – NYTimes.com. [online] Nytimes.com. Available at: http://www.nytimes.com/roomfordebate/2011/08/23/spending-too-much-time-and-money-on-education/education-is-a-good-bet-but-no-guarantee [Accessed 18 Dec. 2016].