REgardless of the increasing costs of education and the dimwitted nature of people who borrow more than they can handle to go to expensive schools, a college education is definitely a good investment. College graduates will make an average of a million dollars more per lifetime than a high school graduate.
The average college graduate has a lower rate of unemployment, higher rate of job satisfaction, and higher annual salary.
The real issue is that kids should go to schools they can afford, get jobs to help pay for their education, study hard to try and achieve scholarships, start at a community college if necessary to keep costs down, and major in a marketable field.
College is a good investment, even if it does not result in increased lifetime wages. Majors like Information Technology, Structural Engineering or Marketing virtually guarantee an excellent
lifetime income. For many, that is reason enough to go to college. Majors like Middle
English Literature, Liberal Studies or Art History do not guarantee good jobs. Nevertheless,
even for an art major, college is a good investment, because everyone has to spend a lifetime thinking. Education provides excellent materials for reflection, materials that will keep even an English major’s brain happily humming for a lifetime,
Yes, college has been and always will be a good investment. In the past a high school diploma was something to grasp at and college was a bonus. Today, a high school diploma is just a stepping stone, if you do not have a degree you are more than likely to earn minimum wage at a "job" not a career. Even those that only have a two year degree have a better chance than those with nothing at all.
Education is a necessary thing, I will admit... But college is hardly much of a good investment anymore. And it's not because of the whiny reason people often use-- "it costs too much". No, that's not it. The problem is, there is nothing you will learn at a college that you wouldn't learn at entry level in a job you obtained. Unless you're going into a field such as engineering, a degree is just a useless piece of paper that supposedly puts you ahead of the game. The instructors don't care, and any information you pick up at your local college will most likely be via textbook. Which, in all honesty, you could do at home for thousands of dollars less. And in actuality, no company is going to hire a fresh college grad without an ounce of experience.