People Who Don’t Go to College Have Limited Options These days, employer seek individuals who have specialized skills. As technology changes the world, more employers are in need of talent that is honed at a university or college in Las Vegas. As such, people who don’t have a college degree have fewer options than those who do. Degreed People Get Higher Paying Jobs In a study conducted by the Bureau of Labor and Statistics in 2015, people who have college degrees make significantly more money than those who only have a high school education. Based on the survey, people with a bachelor’s degree make about $1,137 each week, while people with a high school education only make about $678 a week. With such a significant difference between the rate …show more content…
In their findings, the unemployment rate for people without a degree was 5.4 percent, compared to those with a degree, which was only 2.8%. These numbers indicate people who have a degree and become unemployed are more likely to find work faster than those who do not have a degree. In light of that, one can assume that degreed individuals have more options when it comes to finding employment. Getting a Degree Can Fix a Person’s Future Although the numbers speak volumes, these numbers aren’t static. People without a degree can change their future by getting a degree. In fact, they don’t have to choose a four-year degree. People with an associate’s degree also make more money than those who only have a high school education. As such, a person who desires a changed future can opt to attend a local two-year college, if they’d like. Choosing an Area of Study After taking the first step, people who are interested in furthering their education should consider what they want to study. Research shows that people will have more success when they choose to study something they are passionate about in life. To uncover their passion, people should consider what they would do for free, and then find a degree that aligns with their
When college attainment improves, the tax base increases, reliance on social welfare programs declines, and civic and political engagement increases” (White). Even though it may seem obvious, in most cases it truly is very important to have a degree to be able to become successful. Despite some arguing against this, it comes down to the basics. A degree from higher education automatically gives that person an advantage in life. Whether it helps with job applications, housing, or just relief from worrying about money, an education is not just beneficial but becoming almost a necessity.
The Value of a College Degree Having a college degree is arguably one of the most important things you can achieve in your lifetime. In today’s society, it is getting much more difficult to survive without one. Most places of business that offer substantial wages and benefits require some sort of college degree. This is a problem for most people in the United States due to the fact that only 17% of the U.S. population has earned a college degree (Odland).
Cons”, it says, “The median salary for workers with high school diplomas is $38,792, and they have an average unemployment rate of 3.7% as of 2019… the median salary for workers with bachelor’s degrees is $64,896, and their unemployment rate is just 2.2% on average.” (Tretina). These statistics convey that college graduates with degrees can earn thousands more than people with apprenticeship programs. The unemployment rate for workers with a bachelor’s degree is also lower than people with high school diplomas.
The higher education demographic you may have, the more money you’ll potentially have and you’ll have less of a chance of being unemployed. The median weekly earnings of just a high school diploma are approximately $678, while just an associate’s degree median weekly earnings is approximately $798. (Document A) Furthermore, those with a professional degree have an employment rate of 1.5% compared to the unemployment rate of 5.4% of high school diplomas.
The fact that not everyone needs to go to college is the main point that Stephanie Owen and Isabel Sawhill write about in great detail throughout their essay. Even though the authors do say that people that go to college usually earn more, they state that this is on “average,” and that the key focus of their essay is to focus on those that the benefits are not greater than the cost of going to college. (Page 211, Paragraph 1). They also include a graph right under the text that shows how “on average” people with a college degree earn more than those that are just high school graduates. (Page 211, Figure one).
Finding a job can be difficult but often times when and employer sees the level of education one has and sees they it’s an associate, or even bachelor’s degree than other sets a great outlook on you and even higher your chances of getting the job. Going into college a person is accepting the fact that a lot of time and money will be put into it. College isn’t meant to be super easy but it’s not at all hard if the work that needs to be done gets done. Altough people hate the amount of money and time gets put into college it’s all well worth it at the end.
If we apply this 10 percent rate to the median earnings of about $30,000 for a 25- to 34-year-old high school graduate working full time in 2010, this implies that a year of college increases earnings by $3,000, and four years increases them by $12,000. Notice that this amount is less than the raw differences in earnings between high school graduates and bachelor’s degree holders of $15,000 (Owen, 2013, p. 1). Anthony Carnevale and his colleagues at the Georgetown Center found that 14 percent of people with a high school diploma make at least as much as those with a bachelor’s degree, and 17 percent of people with a bachelor’s degree make more than those with a professional degree (Owen, 2013, p. 4). The expected earnings (median full- time earnings times the probability of being employed) of a young college graduate with a theater degree are about $6,000 more than the expected earnings of a young high school graduate. For a young person with a mechanical engineering degree, the expected earnings of the college graduate is a staggering $35,000 more than that of a typical high school graduate (Owen, 2013, p.
To begin with, going to college can help people gain greater wealth. In the article, “Five Ways Ed Pays,” its stated that “you can earn up to 22,000 more per year” (“Five Ways Ed Pays”). High school graduates will have a much harder time finding high paying jobs without a
According to Andrew J. Rotherham’s article “Actually, College Is Very Much Worth it. ”he states, “Meanwhile, in 2010, the unemployment rate was 9.2 percent for those with only some college and more than 10 percent for those with just a high school degree, but it was 5.4 percent for college graduates.” The data Rotherham provides shows that even with some college education, you have a higher chance of getting employed than those with just a high school degree. The one group that outweighs all the others is the college graduates proving that with a college degree unemployment is less likely to befriend people who do pursue college. Some people might say that there are loads of jobs that do not require a college degree, especially in this time and age.
College education doesn't guarantee employment. In 2012, there was a lot of evidence suggesting the education to work link being broken. (Allen, 2011) A lot of college graduates are searching for work today. A lot of college students feel that college is a waste of money.
, “Experts that have researched the performance and job success of college graduates have concluded that, nationwide, college graduates with a bachelor's degree earn 74 percent more per year than those who only complete high school.” This seems very logical when you look at the big picture, having furthered your education will open you up to more jobs that that require more education that will most likely pay more. The University of North Texas in their article “Why Go to College?” shows a graph from The U.S. Census Bureau that shows a professional degree could earn you around 4.4 million dollars compared to less than a high school diploma could earn you around 1 million dollars for a whole worklife. Seeing
So many people believe the only way to succeed in life is to begin with graduating with a four-year college degree. They seem to have this illogical thought that with this degree comes job and financial stability. College degrees alone do not bring money, hard work does. In many cases hard work is a college degree, but not for everybody. Only certain professions need college degrees.
College is useful to those who want a job as a lawyer or doctor. Those who want to be a plumber or electrician will benefit more from job training than getting a degree that they need to
But what’s the rush?” This means that a college degree can be a great way to boost your chance of a successful career if you are sure of your path, but it is not the right choice, or the most lucrative, in all situations. In conclusion, people should do what they love. That happiness is far more important than any status symbol or paycheck, no matter what anyone thinks. No dream is too big to achieve.
Although a degree is not essential for those looking to work in the more hands on fields of work, such being a plumber or an electrician, degree holders can look to not only make more, but to also fulfill more brain satisfying tasks in more intellectual fields of work. Even with that in consideration, a degree can help those that work in fields where holding a degree is not commonplace. “Construction workers, police officers, retail salespeople and secretaries, among others, make significantly more with a degree than without one.” (Leonhardt)