The Importance of Higher Education by Catherine

The Importance of Higher Education by Catherine - April 2020 Scholarship Essay

Attending college is extremely important, due to the benefits of having a higher education. It affects many different aspects of life. A college education sets a better foundation both financially, and socially. College provides people with extended knowledge, the ability to develop connections, and commence life-long careers. Although the economic cost of college could potentially cost tens of thousands of dollars the impacts of a college degree can have on one’s life proves it’s worth. A college education has proven to influence unemployment rates and wage differences, not to mention the amount of experience students gain through earning a college degree.
There is an abundance of positive impacts on enrolling in college. One major benefit of obtaining a college education is the decreased unemployment rate. Acquiring a minuscule amount of education proves to earn the average working person a higher employment rate in comparison to a high school diploma. Many studies have demonstrated a direct correlation between employers’ rates and the height of the person’s degree. To reiterate, the higher the degree a person attains, the higher the employment rate tends to be. In years past, workers with the highest college education and degree gave the lowest unemployment rate. In the United States today, a college education is essential because in modern times everything is a competition. There is a constant battle in the working class due to the number of people that need occupations and the diversity of skill sets everyone acquires. College degrees boast profiles and impress employers that are looking for experienced workers.
The differentiation between the unemployment rates of college graduates or even those with minimal college experience become more successful in the job process than those who only have a high school diploma. In addition to the increased employment rate, the financial income proved to be higher when college experience was taken into account when choosing the career. Those with the highest college degree also take home the largest income. Because of college degrees, a wider range of occupational choices are unlocked in the world of labor force, which results in more flexibility to invest and financially develop. Despite the life-changing factors involved when obtaining a college education, the expense does concern many people with unstable economic states.
A major drawback when thinking about college is the amount of money it costs to attend. Not only is tuition expensive, but there are other considerations taken into account as well as paying for each class, and to retain degrees. While students should remain cognizant of the economic deficits, there is a tremendous outcome for those with a higher education. College degrees increase the probability of increased pay, stable careers, and higher employment rates. These implications confirm that a college education benefits the American working class immensely in the social and economic aspects in comparison to the limited payment required to attend.