The importance of college education

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The value of a college degree has been questioned, and the argument rages on. The growing difficulties of college graduates seeking jobs, as well as the rising costs of funding college education, have fueled the debate. A college student in the United States accumulates an average of 40,000 in loans by the time they graduate, and student debt accounts for 6% of the national debt (Chow & Leung, 2016). According to the Economic Policy Institute (2016), the unemployment rate for recent graduates is 5.6 percent, while the underemployment rate is 12.6 percent, up from 9.6 percent in 2007. (Kroeger, Cooke, & Gould, 2016). Individuals benefit from a college degree on both a personal and career basis. This study provides three reasons why education is worth its costs.
A college education offers an individual a platform to learn skills necessary for personal and professional development. College enhances communication and interpersonal skills by offering individuals a platform to interact with others from diverse origins, join clubs and student organizations, and participate in debates. These activities allow people learn their interests and make career choices that match their preferences improving chances of job satisfaction and career progression after college. These platforms allow college students develop interpersonal skills beneficial in social and working environments. Interaction with others in college allows students appreciate different viewpoints and prepares them to work in an increasingly diverse workplace. Skills learned in college offer opportunities not available for high school students and increased chances of advancement. Individuals learn soft skills in college that improve employability and augment the likelihood of keeping the job while utilizing the technical skills requisite for the performance of the job. The soft skills include creativity, multitasking, analytical thinking, time management, and verbal and written communication. The soft skills have grown in importance in an increasingly diverse and competitive working environment.
A college education is worth its cost because it confers benefits for an individual and his/her family. College education improves the earning abilities of an individual earning more than high school graduate (Ehrenberg & Smith, 2016). College education prepares an individual for jobs that provide other benefits including health care insurance, mortgage, and retirement investment improving living standards and ability to provide for one’s family. College graduates are less vulnerable to be laid off during economic recessions improving job satisfaction and earn more promotions compared to high school graduates (Gardner, Jeweler & Barefoot, 2007). The chances of long-term unemployment are low improving the chances of independence after graduation and starting a family. Hard work in college allows individuals to be better prepared for a rewarding and challenging career. Individuals also improve the chances of realizing career goals by having a college degree. Children of college graduates are more likely to pursue higher education. College graduates also access social and economic benefits for their families.
The cost of college education is also worth it because it offers a chance to interact and make connections. College allows students interact with intellectuals including the professors who welcome questions from student and these discussions offers college students learning opportunities. Connections made during college with students and teachers will benefit career progression. Strong connections with professors improve job seeking after college and provide learning requisite skills for the job market. College also confers students a broader world view from relating with students with diverse experiences augmenting employability.
The benefits of college education are many and surpass the costs. College education plays a major role in the achievement of goals and objectives. Learning skills that promote the employability of individuals and provide opportunities for career growth, access to benefits for individuals and their families, and making lasting connections are the main advantages of a college education. College education improves an individual’s preparedness for the job market and confers benefits for the individual and the family. The skills and knowledge gained in college prepare individuals for better employment opportunities that confer benefits for a lifetime.

References

Chow, C. & Leung, C. (2016). Reshaping Universities for survival in the 21st century: New opportunities and Paradigms. Bentham Science Publishers.
Ehrenberg, R. G., & Smith, R. S. (2016). Modern labor economics: Theory and public policy. London: Routledge.
Gardner, J. N., Jewler, A. J., & Barefoot, B. O. (2007). Your college experience: Strategies for success. New York: Cengage Learning.
Kroeger, T., Cooke, T. & Gould, E. (2016). The Class of 2016. Economic Policy Institute.

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