Is College Worth the Money
Is College Worth the Money

Is College Worth the Money

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  • Pages: 3 (1098 words)
  • Published: November 5, 2021
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Introduction

There has been heated debate over the quality of college education and its cost. Many believe that the price is worthy, and it’s, therefore, advisable to invest In. University and college graduates are more likely to secure a well-paying job about their high school graduates (Kirszner and Stephen 34). According to the bureau of statistics, greater levels of education correspond to more significant income (Guo, Wei and Andy 24). A learned person, with a bachelor degree, masters or Ph.D., is bestowed to earn a higher income. Besides, the level of income increases with the degree of education (Barrow, Lisa, and Ofer Malamud 546). This piece of writing seeks to explain the significant benefits of college education and why it is worth to invest in.

Arguments for the Statement

Benefits of tertiary education can be analyzed from a long-term perspective. It takes some time for one to experience the impact of education in life (Kearns 12). College environment provides an excellent platform to build new connections while maintaining the older ones (Schwartz 86). Higher learning institutions bring on to board a variety of diverse cultural backgrounds. The daily interaction with different individuals from different cultural background equips a person with the capacity and power to analyze issues from a global perspective (Harlow, Caroline Wolf 44).

The study sho

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ws that higher learning education impacts a lot of work-life earnings approximately five times in about the other democratic factors (Schwartz 88). Demographic factors such as gender and race have demonstrated that they don’t have much impact on the salary levels that a college graduate is bound to receive after a specified period (Calder, Lendol, and Tracy 26). This has shown that education is very essential in determining the level of income that an individual is supposed to earn.

Opposing Arguments

There are people, especially those who have not yet obtained a degree, who claim that college education is a waste of time and money (Kirszner and Stephen 32). They believe that it will be advisable to consider searching for an employment opportunity rather than pursuing a higher learning education (Guo, Wei and Andy 14). There is a portion of individuals who prefer to purchase a fancy car rather than joining an institute of higher institution. They fail to acknowledge that education is a form of stewardship and investment too.

The vast number of students that have been sending to college is exceedingly massive making it hard to facilitate quality education work opportunities to graduates. Some tertiary institutions have taken advantage of the high demand inherent for education and made it easy for them to charge more money (Kirszner and Stephen 44). Due to the need for money, they have adversely affected the quality of teaching and employability capacity of many college graduates.

However, I tend to refute their claim and denounce its validity. The opposing arguments are based on generalization and therefore cannot prove to be valid. The amount of money and crime used during one’s journey through the education system will never go to waste.

Career advancement is facilitated via higher learnin

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institutions. Students are assisted to grow career wise and to enhance their skills before entering the job market. Having a college education places an individual in the higher position to secure employment with much ease. The salary and wages are equally hiring.

Possession of a degree gives you vast opportunities to advance your career in the field of your choice. An individual has the freedom to pursue their areas of specifications based on what they like most. It further assures an individual job security (Kirszner and Stephen 42). A larger proportion of those who have a degree are more satisfied, and they enjoy their work. A post-secondary degree equips a person with long term skills which are relevant in the workplace. On rare cases, college graduates are laid off from work. The time one will spend searching for job opportunities is reduced significantly.

Many jobs which require a bachelor’s degree or an advanced degree, offer some benefits to the family members (Mandell, Alan 8). Such benefits include commutation allowances, house allowance, and indemnification. Individuals without the college education do not enjoy those kinds of benefits. The advantages of the post-secondary degree are beyond measure (Barrow, Lisa, and Ofer Malamud 554). The family of a learned person is better off financially and socially. It is entirely true that children of graduates will advance their education up to university level.

There is a tendency of many people to make decisions basing on the cost of obtaining a degree. They fail to acknowledge the role of financial assistance approaches such as scholarships, loans, and bursaries (Kearns 32). Such financial aids are facilitated by the government and several institutions which have taken an initiative to help underprivileged students across the world.

Conclusion

The price of obtaining the post-secondary education is directly related to the value of teaching. Due to many benefits associated with college education, a larger number of people have seen the essence of investing in it. The world of labor is increasingly becoming competitive day-by-day. To increase their employability, individuals need to acquire a college education. The college education will, in turn, open new opportunities, higher income, and self-satisfaction. It can, therefore, be concluded that the cost of teaching is worth it. However, it should be noted that education is easily accessible to those who have resources and money to pay for the high tuition fee charged in most of higher learning institutions. Those are the individuals will definitely not find themselves due to the expenditures associated with tertiary learning. The literature written by Kirszner and Stephen (pg.38) refutes the idea that college education is worth the money paid and claims that college education is just a wastage of time.

Works Cited

  1. Guo, Xuguang, Wei Chen, and Andy Yu. “Is college education worth it? Evidence from its impacts on entrepreneurship in the United States.” Journal of Small Business & Entrepreneurship 28.1 (2016): 1-26.
  2. Schwartz, Stephen L. “How Money Talks by Lesley Murdin London: Karnac Books, 2012, 200 pp.” International Journal of Applied Psychoanalytic Studies 13 (2016): 85-88.
  3. Barrow, Lisa, and Ofer Malamud. “Is College a Worthwhile Investment?.” Annu. Rev. Econ. 7.1 (2015): 519-555.
  4. Kearns, J. “Why college is worth the
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