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Is College Degree Worth Money Investments? by Linda Correli





Is College Degree Worth Money Investments? by
Article Posted: 10/08/2005
Article Views: 1318
Articles Written: 64
Word Count: 581
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Is College Degree Worth Money Investments?


 
Books,E-Commerce,Education
No issue is more disturbing and debatable for those concerned with college education than the issue of real value of college degrees. The tendency towards escalating cost of tuition fees made many people wonder whether a genuine payoff and opportunities that college degree offers to a graduate worth a high-priced investment in a long run.

This problem became especially acute for low-income parents, because the majority of them can’t afford to take an additional burden of paying such a fabulous sum of money for education of their kid.

Annual tuition fees in different colleges range in average from $12,000 to $25,000.

Undoubtedly, such numbers provoke many people to think it over and weigh all arguments for and against college education.

Considerable rise of college charge caused a reappraisal of real value of higher education in general and college degree in particular. A college degree, which can be interpreted as an official recognition for the successful completion of a vocational or an academic program, is now called into question.

Many high-school graduators prefer well-paid employment to spending 4-6 years in college to earn a piece of paper which doesn’t even earn them a squat back.

Though, money is not the only sticking point on a way to higher education. Perspectives and vision of the future can’t be underestimated in the ultimate choice of a person, who foresees the necessity of obtaining college degree for

success, regarding it as a necessary component of success formula in life; prestige, considering a college degree to be a valuable and expensive contribution to his collection of achievements; money making, viewing it as an additional plus while getting fixed up in a job.

From my perspective, there are obverse and reverse of this issue.

On one hand, college degree is not a guarantee of anything, nor it is a factor of success in life. Timing and luck play a big part, as do personality, perseverance, confidence and native intelligence.

There are many people who succeeded in life without being college educated and having a certificate of their intelligence. History witnesses many examples of this. It is enough just to mention such celebrated minds as Ted Turner and Mark Twain, who weren’t tainted with the influence of college education.

It proves that skills and inborn intelligence help much better in specific areas and often trump degrees.

On the other hand, a college graduator has a wider range of opportunities, can choose a high-paid job in his specific field easier than his counterpart - high-school leaver, and also can expect to have higher income in future.

“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.”

Overall, those with degrees tend to fare better than those who don’t have them.

So, I can only add that future college applicants and their parents have to speculate on this question very carefully, because a decision to enter a college and obtain baccalaureate degree is one of the most important choices a person has to face in life.

Remember that a real importance, a genuine price and benefits you can get from a college degree in a long-term outlook can be determined only by you.

About the Author:

Linda Correli is a staff writer of http://www.CustomResearchPapers.us/ and an author of the popular online tutorial for students "What Teachers Want: Master the Art of Essay Writing in 10 Days", available at http://www.Go2Essay.com/

Related Articles - college life, college charge, college, education, tuition fee, college degree,

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