Schools have always told their students that in order to live a happy and financially successful life they must go to college. But with the rising cost of college over the past decades, the argument of whether attending college is worth the cost has been highly active. Kristen Sturt from the artical
Is College Worth It Anymore? and Kristin Tate from the artical
For Many Students, College Isn't Worth It
Anymore have both researched this issue in depth and have come to many conclusions.
The article "Is College Worth It Anymore?" by Kristen Sturt focuses more on how college isn't really worth the cost but that a High School diploma also isn't enough to be financially successful. She mentions how student debt currently averages $29,400 per student how that should be a good reason for exploring other options. The article also mentions a 2014 study from the Pew Research Center found that while 60 percent of those in science fields said their major was very closely related to their line of work, 28 percent of employed Social Science, Liberal Arts, and Education majors said their studies didn't relate to their current job at all. Another 29 percent said it was not very close. It's recommended that you should major in computer science, but not everyone can do that. The article mentions that other countries, with low unemployment rates, have different opportunities to enter the workforce. For example, students in Australia go though a Vocational Education and Training(VET), a skilled trade program boasting an 86 percent employment rate between the ages of 25 and 32.
The article also compares the differences between high school graduates and college graduates. According to National Center for Education Statistics, the average salary for a college graduate between the ages 25 and 32 was $46,900 in 2012. For those with only a high school diploma, it was 30,000. And the numbers have dropped since 1979. Also, according to Bureau of Labor Statistics, in 2014 college graduates had a 2,9 percent unemployment rate. For high school graduates, it was 5.3 percent, and for those without a high school diploma it was 8.4 percent. And in 2012, 6 percent of college graduates ages 25 to 32 lived in poverty, while those with no college was a 22 percent.
The article "For Many Students College Isn't Worth It Anymore-Here's Why" by Kristin Tate focuses more on the cost of college and student debt. It states that tuition for public and private colleges have increased by 500% over the last 30 years with an average cost of $29,000 and 53% of recent graduates end up jobless or underemployed. Sources like NBC and CNN dispense headlines like "Thanks to rising tuition and tough job market, college seniors graduated with $27,000 in debt."
The article also mentions how government loans and grants were created to help low income families to afford college but almost 60% of students borrow money to pay for their education. This lets colleges continue to increase their cost because many students qualify and can count on government money to pay their education. "As it stands now, college is clearly not worth the debt for many young people." 14% of waiters and 16.5 or bartenders in the US have a bachelor's degree, and 85% of students move back with Mom and Dad after graduation.
In order for more people to be able to afford college, the government has to decrease or stop giving money so that colleges have to be forced to lower tuition to remain competitive and attract their students. But as of now, the important question is not whether college is worth the cost, it is it whether college is worth it for you.
Sturt, Kristen. "Is College Worth It Anymore?" The Huffington Post. TheHuffingtonPost.com, n.d. Web. 10 Feb. 2015. <http://www.huffingtonpost.com/2014/11/04/college-cost-benefit_n_6057262.html>.
Tate, Kristin. "For Many Students, College Isn’t Worth It Anymore – Here’s Why." Ben Swann Truth In Media. N.p., n.d. Web. 10 Feb. 2015. <http://benswann.com/college-not-worth-it-for-some-students-heres-why>.