Is College Worth It? We have been raised to believe that college is the next step after high school but does it work for everybody? The costs have increased over the past few years and puts people in debt to start out there lives taking them 10 or more years to pay back.
The video below is the beginning of a series which starts to evaluate this question.
SIs College Worth It?
There are Pros and Cons of attending college and we will look at both sides of the issue. It is not necessary to attend college to make a living or have a successful career path. Hard work and determination are what are needed to make it possible to achieve career goals and financial independence.
Pros of Attending College
- Higher earning Potential
- Access to more jobs
- More learning opportunities
- Networking
- Depending on the major there can be a high return on the investment (doctor, nurse, scientist, etc)
- Lower unemployment
- Lower Poverty
- Better retirement savings
- More layoff and pandemic job security
Cons of Attending College
- Cost of College (tuition, fees, room and board and incidentals needed to set up room)
- Tuition
- Cost of time lost earning money while in college
- There are High paying Jobs that do not require a degree.
- High Dropout rate
- Getting a high paying job is not guaranteed
- It’s a lot of work
- Cost continue to rise.
There are many alternatives to going to college, There are many choices if you decide that college is not for you.
- Trade Schools
- Community College
- Online courses
- Entry level Jobs
- Military
- Start your own Business
- Internship
- Apprenticeship
- Certificate programs
- Real Estate license
Recent studies have pointed out that a college degree doesn’t make you any smarter then the person next to you with a high school degree. In today’s world with the technology we have there is information available to us at our finger tips. College degrees may be depreciating because of today’s new technology which continues to advance quickly.
The Average range GPA of a college grad is an 3.15-3.28 today. The average range has not changed much over the past 50 years. One third of todays college grads are working in jobs that don’t require a degree and this contributes to the 52% that are underemployed.
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