America’s trust in higher education is declining, but studies show that a college degree is still worth the investment. Here are three reasons why:
3 Reasons Why College is Worth the Price Tag
America’s trust in higher education is plummeting, but studies continue to show that a college degree is still worth the price tag. Here are three reasons why:
High Return on Investment
People with a bachelor’s degree or higher earn more over their lifetime, with a median earning of $2.8 million. This is 75% more than those with just a high school diploma. Furthermore, the highest-paying occupations often require at least a graduate degree.
Nearly two-thirds of employers still require a college degree for entry-level jobs. Individuals with a bachelor’s degree or higher have a lower unemployment rate of 2.2%, compared to 4.5% for those with a high school diploma.
Opportunities for Exploration and Skill Development
College provides students with the chance to discover their interests and gain a variety of skills. Through classes and hands-on experiences like internships, students can explore different career paths and develop a competitive edge in the job market.
While trust in higher education may be declining, a college degree still offers financial stability, job security, and personal growth opportunities for students.
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