Is College Still Worth It?
A question sparking debates as tuition rates spiral out of control and unemployment for college grads hits record levels. Is a college degree worth it? For many the value of a degree is not just the earnings impact over a lifetime but the experiences and personal development that occur during these years. Maturing into a focused, passionate learner can help you find opportunities for career progression.
With work taking up almost half of your waking hours each day, don’t you want to spend your career working at a meaningful, empowering job? We do! Because if you love your job, magical things start to happen that are worth much more than your paycheck. Then the pay is just an added bonus. Our infographic below attempts to work through this important topic and weigh the pros and cons of going to college.
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With more and more of the population earning advanced degrees, you should think about ways to utilize your college degree choice to help you stand out from the crowd. Is your degree going to help you learn skills that are valued in tomorrow’s economy? America needs nurses, physician’s assistance, engineers, problem solvers, global thinkers, entrepreneur more than lawyers and art history majors. Labor markets are increasingly global. You will want to think about jobs where you compete with others based on knowledge skills rather than physical skills that can be done cheaper elsewhere. Think ahead about how your degree will make you valuable to the future economy. Is your field going to be reduced to computer algorithms, automated robotics, or an outsource workforce? If so, you may find it harder to win desired positions throughout your career.
75% of Americans think college is too expensive. While scholarships, grants, and loans make it possible for millions, your loans may become too much for you to handle if you struggle finding a job coming out of college. Thinking about your desired college’s reputation, the value of the specific degree you are planning on starting, and the job opportunities that are going to exist around that major in the future will help reduce the chances of a loan default.
Your goals with going to college can be personal development, learning unique and desirable skills, networking, and yes even earning that diploma required for many higher paying jobs. This will help make a college education worth it. We wish you good luck on this journey. Do you think a college degree is still worth it? Let us know in the comments below.