Is College Worth it in 2018?

Is College Worth it in 2018? 

Today, many people wonder whether a college education is still worth it. This dilemma has been amplified by the increasing cost of acquiring a college education. Many of these learners are left with a huge student loan that they must offset after completion of their university education. It is thus prudent to acknowledge if the investment is good or not. BitGale has listed several items to help in making this decision. 

Many occupations still necessitate having a degree

A degree is still a requisite for a majority of jobs. This requirement is especially prevalent in specific industries such as health, finance, engineering, and education. Nevertheless, many other occupations still demand the same. 

Additionally, for those that want to compete in the global economy, having a college degree is mandatory. Therefore, investing the time and money to earn the degree is instrumental in ensuring you can capitalize on such opportunities. 

Any time in college is better in comparison to having none

A four-year education at the university may not be necessary relative to what kind of a career a student wants. There exist some jobs where a bachelor’s degree is not a requisite. Having an associate degree, which takes two years can still be helpful. In this way, less time and money are spent in addition to getting the right qualifications for the desired career. 

Professionals such as dental hygienists, radiation therapists, electricians, and building inspectors attract a median salary of at least $51,500. Those that engage in air traffic control can earn at least double this amount. Other specialists like flight attendants, paralegals, and carpenters get at least $40,000. Therefore, even such short college programs can put you on par with those that complete the four-year programs. 

Earn enough to offset loans

The average debt that a student accrues after a four-year college education amounts to $37,172.

One will thus have to get sufficient earnings to ensure you can pay it off comfortably. If you were to get a job where you will be using no more than 15 percent of your gross income each month for this purpose, your earnings could be classified as enough. 

If you can offset the loan, the college education can then be said to have been worth it, especially if you are passionate about the field you are in. In this way, there will be a return on investment on the time and money utilized in getting a college degree.

Attract more money 

It is common knowledge that those with a college education possess a higher earning potential in comparison to the people with only a high school education. This fact is even more amplified for those that get trained for higher-paid careers. 

Economies are also known to fluctuate. Nevertheless, during either rise or fall, businesses still require educated workers. Having a college degree means that you will have more job opportunities. 

Studies have shown that in one lifetime, those with a college degree are likely to earn at least $1 million more in incomes compared to high school graduates. Many anticipate that this pay gap will continue growing. 

Additionally, attracting more money amplifies the chances of augmenting your household’s social mobility. A degree will affect your earnings and class during your lifetime. It is unlikely that you will stay at the bottom income level. College certification increases your chances of rising to the top. 

The experiences at college

One gets a broader education. Your outlook on life will change in addition to being better educated once you graduate. 

Also, for most people, their best memories are of when they were at the university. The primary reason is that it is the first time living independently and away from home. One will be completely free to choose the things to eat, time to go to bed, and pleasures to engage in. Many are thus bound to have a crazy first year at college as they exploit this freedom. 

Additionally, your social experience is bound to be augmented since you will get to meet new people from different backgrounds. For those that get travel significantly to acquire the college education, they will also have a wonderful travel experience. 

Fulfillment 

A job is a necessity for many. Also, a majority of people use up about a third of their time at work. Therefore, being satisfied with one’s work is significant for a more enhanced quality of life. 

A college education aids in pursuing a career that is fulfilling. You will have more positions that you qualify for compared to the ones with only a high school diploma. Being a degree-holder means that you are given the freedom to work in the sectors you desire by combining professional aptitudes and personal passions.

 In summary, today, many people are in doubt concerning whether pursuing a college education would be worth it considering the high costs and significant time of doing so. Nevertheless, the items mentioned above justify the need of getting a college education.