Why People Go To College

Words: 570
Pages: 3

Why is it important to go to college? Nowadays, there are many discussions whether it is important to go to college or not. Although there are some who think that college education is not necessary, I strongly believe that young people should go to college. Opponents of this position argue that college education is not important. They believe that student loan debt is paralyzing colleges graduates. Also, they point out that the average student borrower graduates with $26,600 in debt. Missing or being late on loans payments often results in a lower credit scores and additional fees. They remark that going to college is unnecessary. In 2010, 17 million college graduates were in positions that did not require a college education. Some individuals say that college is a waste of time and money because over 25 % of students who enroll in college do not …show more content…
Their first argument is absolutely incorrect due to the fact that a college graduate with a bachelor’s degree earns $30,000 more per year than a high school graduate. It is crucial to emphasize that the median income for families headed by a bachelor's degree holder is $100,096, more than twice a family headed by a high school graduate. Their second opinion is not enough owing to the fact that in the last decade jobs requiring college degrees grew by 187 000, while jobs requiring some college or an associate’s degree fell by 1.75 million. Unemployment rate for college graduates aged 25 and over with a bachelor's degree was 3.6% compared to 7.5% for high school graduates. Finally, their last argument is insufficient because a college degree has a return of 15% per year as an investment, larger than the stock market (6.8%) and housing (0.4%). College students can join fraternities and sororities, clubs, and teams as well as participate in a variety of social functions to meet new people and network with possible business