Benefits of a college education 2
In today’s changing world earning a college degree is one of the keys to ensure great career opportunities and a successful life.
In today’s society, the value of an education has taken a whole new meaning. Many have been done on the subject and in each study the good far outweigh the bad when it comes to furthering ones education. A long time ago one could grow by with taking a few courses in a specialized area and climb up the ladder by way of on-the-job experience. In the past, many years of service made one untouchable, but that does not hold true today. In the new millennium, the computer technology industries seem to be overpowering the workplace. In fact, most businesses and practically government agencies require at least a bachelor’s degree for an entry- level position. To keep up with technology and these changing times the need for a higher education is much higher in demand.
The cost of college tuition continues to rise, and as a result of this inflation students began to ask themselves whether it is worth spending four years or more working toward a degree when the same time could be spent earning money. Though the earnings differential between college and high school graduates varies over time, college
Benefits of a college education 3
graduates, on average, earn more than high school graduates. According to the Census Bureau, over an adult's working life, high school graduates earn an average of $1.2 million; associate's degree holders earn about $1.6 million; and bachelor's degree holders earn about $2.1 million (Day, & Newburger, 2002). College graduates also enjoy benefits beyond increased income. A 1998 report published by the Institute for Higher Education Policy reviews the individual benefits that college graduates enjoy, including higher levels of saving, increased personal/professional mobility,...
Please join StudyMode to read the full document