Whether you are a college graduate yourself or someone who just left high school, chances is that you have started thinking about the future. “Why is college important” is an often asked question without a clear-cut answer. Getting a good wage often depends not only on your skill level but also on the type of degree you have under your belt.
Those without college degrees are often severely underpaid as opposed to their academic counterparts, but are the investments really worthwhile? Let’s take a look at some practical points and statistical facts as to whether or not a college degree is really worth your time, money and patience.
The importance of college education
The society is built on a notion that the more formal education you have the more adept you are at a certain profession. Valuable knowledge doesn’t necessarily come from classrooms, however, and informal sources of information are often tossed aside in favor of college education.
Employers will always look at formal education first and foremost before checking other important facts on a job application. This makes getting hired and paid well extremely expensive in and of it, often resulting in adults that are far past their prime going to college in order to obtain a degree in economics or other relevant fields. The evidence collected in 2017 suggests that no employer will ever hire a high school graduate for a management or executive position even though they might have years of experience behind them.
This practical need for a college diploma makes the entire academic process trivial, often lowering it to a base need to obtain a paper that you can submit on your job application. Statistics about college students suggest that they are focused on the aftermath of their studies and a subsequent job more than they are on the actual process of studying. But is the degree actually worth the years you will spend studying and paying for it later on?
Is a college degree worth it?
The benefits of earning a college degree are not as easy to determine as time moves on. Many professional freelancers, writers, designers, and programmers often find employment without corresponding degrees in their fields.
However, getting paid more or simply justifying the cost of self-education is an important factor to consider. Those with academic degrees have more flexibility in getting good payoffs, salary increases as well as vacation days thanks to their formal degrees and proof of knowledge about their profession. A college degree in that regard is worth it at least for the added benefit of having more freedom than most of the population, since not everyone can afford a successful college education.
Degrees have a lot of potential when it comes to career development and the ability to give their owners horizontal and vertical chance to progress. While you will have to put some money into additional courses or education if you choose to switch careers, that choice will be significantly easier to pull off with a college degree in your hands.
Some like to see college degrees as future investments, and while some people may argue that they are a waste of time, others prefer a more optimistic approach to studying. English or business majors will always find work should they focus their efforts on honing the skills provided by their college degrees.
However, no two people will ever share the same thought on college degrees just as the evidence would suggest. One of the most important reasons against studying is the notion of being in debt and having to take gap years or pay huge sums of money back to the University of your choosing should you decide to enroll.
Is a college degree worth the debt?
While the average wage for high school graduate continues to rise, one needs to consider whether or not a college degree is worth the debt that comes with it. High-paying employment such as the legal and medical field should always be considered as mandatory for an individual since working in those sectors without a degree is practically impossible. However, these sectors are also among the highest in expenses, meaning that the following few years will almost certainly be marked by debts and loans.
College education is never free, even in countries that allow students to pay very little for their education. These countries tend to cover most of the academic expenses of their students by working with the government, and these public and community colleges prove to be a good choice for most people. The private sector is almost exclusively reserved for wealthy students or those with covered tuition costs (through various funds, contracts or personal successes).
It’s always beneficial to consider studying if you are certain that some sort of employment or safety net is waiting for you on the other side. Jumping head-first into college education without a backup plan when it comes to finances or valuable data about the debt you is about to put yourself in can be disastrous for your future. The rate at which you will pay off your debt will be a big factor in whether or not you are content with the degree you have obtained at the end of your studies.
A future investment
Looking at college education as an investment is a good way to put things into perspective for oneself. Not everyone is able to find decent work as soon as they graduate, while many individuals don’t need a degree and prefer to learn things by themselves using online resources.
Weighing the pros and cons from a personal perspective is often what determines whether or not someone will jump into academic education and invest years of their life into a diploma. College degrees are just as important as they always were – just because someone tells you otherwise don’t mean you should abandon your dreams. The amount of personal and professional development you do will institute whether or not you are happy with your life – do what you think is best for you.