a guest Mar 21st, 2019 57 Never
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- Do the benefits of college still outweigh the costs? Please explain why or why not.
- According to the National Center for Education Statistics, young adults who work full time, year-round, and obtained a higher education degree has higher median earnings compared to people with a lower educational degree. This pattern can be seen from 2000 to 2017. In 2017, young adults with master’s degree or higher had a median annual earnings of fifty-two thousand dollars($51, 800), which was 26 per cent higher than young adults who have attained a bachelor’s degree, and the annual salary of an adolescent with a bachelor’s degree was 62 per cent higher than those of young adult high school completers ($32, 000).
- This strongly indicates a significant difference between a person who has obtained a higher academic degree and a person who has a high school diploma. But with an average of twenty thousand ($20, 000) for a four-year degree including tuition, fees, room, and board. Some people might reconsider attending a four-year college because of the steep and increasing cost but despite the recent struggles of college graduates paying debt obtained from their college, investing in a college degree may be more critical than ever before because those who fail to do so are falling further and further behind.
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