Would you rather go to college and have a much better life, or choose no additionary education and end up homeless and unemployed? Most people still believe a college education is worth the effort and money, but some people believe otherwise. Supporting reasons for this claim are less unemployment, more opportunities, and more money. There is more value in a college education rather than no additionary education.
Having a college degree leads to less unemployment chances. According to The Bureau of Labor Statistics (BLS), a person with an Associate’s degree only has a 5.4% chance of being unemployed (Bureau of Labor Statistics). This means that if someone were to get a college degree, they would be under the national average for unemployment percentage. According to The Bureau of Labor Statistics (BLS), a person with a Master’s degree only has a 3.4% chance of being unemployed (Bureau of Labor Statistics). If a person has a Master’s degree that means their unemployment percentage will be 2.8% less than the national average, which is 6.2% (as of 2014). According to The Bureau of Labor Statistics (BLS), a person with a Doctoral degree only has a 2.2% chance of being unemployed (Bureau of Labor Statistics). With only a slim 2.2% chance of being unemployed in the U.S.A. this provides people with a Doctoral degree a sense of hope and/or purpose in their career choices. With the evidence presented, it can be said that having a college degree of any type provides people with a less percentage of being unemployed.
Having a college diploma provides people with more career opportunities. According to The Bureau of Labor Statistics (BLS), 18% of all employers require a Bachelor’s degree (Bureau of Labor Statistics). Someone without a Bachelor’s degree (or higher) would have a 18% less chance to be employed. This would make it much more difficult for someone to be employed especially when considering job avalability. According to The Bureau of Labor Statistics (BLS), 4% of all employer require at least an Associate’s degree (Bureau of Labor Statistics). 4% might not sound like much of a difference, but every percentage increases someone’s likelyhood of being employed. As well as the fact that occupations that require no extra schooling might have more competition. In the words of The Bureau of Labor Statistics (BLS), only 39% of employers hire people with a high school diploma or lower (Bureau of Labor Statistics). Compared to someone with a college degree, the chance of being employed with only a highschool diploma are less than half. Getting a high school diploma would increase those chances by more than one third. Having any type of college degree will increase the chances of employment by a large ammount.
Having a college diploma will earn more money. According to The Bureau of Labor Statistics (BLS), a person with a Bachelor’s degree makes a median weekly earning of $1,108 (Bureau of Labor Statistics). With the median weekly earning of all workers being $827, people with a Bachelor’s degree would make a median of $287 more per week. To put this into perspective, a person would be able to afford 1124 more ramen noodle packets per week, when compared to the average worker. Explained by The Huffington Post, “A degree from a prestigious university can open doors to elite buisiness schools and law schools -- and to jobs paying hundreds of thousands, if not millions a year” (Reich). Without a college degree, a person would make less than $50,000 a year, but having a college degree can increase that yearly wage by more than double which leads to a substantially easier life. In the words of Time, “In 2010, the median weekly earnings for someone with some college but no degree were $712, compared to $1038 for a college graduate” (Rotherham). While you don’t necessarily need to graduate college to make more money in a career, having a college diploma can make a huge difference in terms of the condition of living and other related things. Having a college degree earns much more money when compared to having no college degree.
Some may say college isn’t meant for everyone. While that may be true, anyone and everyone can benefit from a college education. One example of a benefit is money earned per week. According to BLS, with a BAchelor’s degree someone would make $281 more than the national average. Critics might argue college creates too much pressure for students. If a college educations there are several different options including millitary, trade school, and more. For some people, a different option would create less pressure and make it an easier education for them. People might disagree, “student debt is too much of an issue”. With most college degrees, someone would be able to pay off the average college debt in a year (Bureau of Labor Statstics).
A person with a college education will have less of a chance to be unemployed, someone that has a college diploma will be provided with more career, and a person with a college education will earn more money in their career. To conclude, a college education has the ability to benefit anyone and everyone in ways such as unemployment, career opportunities, and money.