The Rising Cost Of College Essay

Words: 1601
Pages: 7

In the editorial “The Rising Cost of Not Going to College” Taylor, Fry and Oats state “The economic analysis finds that Millennial college graduates ages 25 to 32 who are working full time earn more annually—about $17,500 more—than employed young adults holding only a high school diploma. The pay gap was significantly smaller in previous generations.” It is no coincidence that attending college translated to making more money during adulthood. So when you look at poverty problem facing Arkansans, the basic answer is to make more money. The bigger question that needs to be answered however is, how can we produce a higher number of successful college students? To answer this we have to start at the lowest levels of education and examine the correlations of success throughout the academic experience, at all ages, and how it results in higher college graduation levels. This essay will analyze the statistics throughout the academic experience and show the need for change. Investing in a better education system, promote a more successful adulthood, and an ability to remain above the poverty line. Proficient …show more content…
About a third of adults have their bachelor’s degree. Between 1965 and last year earnings of 25- to 32-year-olds with a college degree grew nearly $7,000. The average unemployed college-educated Millennial spends around 27 weeks looking for work, as high school graduates look for work four weeks longer. In the article “The Other America 2012” Abramsky states “Most residents here make do without basic services and amenities including anything beyond a bare-bones education, and many lack access to the broader cash economy. Small south Arkansas cities are in such poverty they don't even get the same amount of resources as other wealthier towns.” As college costs have increased in recent decades also have many of the economic rewards for getting a four-year degree as well as the penalties for no doing