College eduaction is not for a degree..
Questioning whether you should go to college? Here are five ways that a college education will make you a better person:
- It will likely make you more prosperous.
- It will give you a better quality of life.
- It will give you the power to change the world.
- It will be something you can pass on to your children.
- It makes you a major contributor to the greatest nation on earth.
First things first, because I know you’re thinking “Show me the money.” The lifetime income of families headed by individuals with a bachelor’s degree will be about $1.6 million more than the incomes of families headed by those with a high-school diploma, according to the Postsecondary Education Opportunity Research Letter. The U.S. Census Bureau tells us that in 1999, average income for a male age 25 or over who holds a bachelor’s degree was about $61,000, compared to about $32,000 for a male with a high-school diploma — so the college graduate’s income was about $29,000 more annually than the high-school grad’s. And incomes of those with only a high-school education are sinking steadily lower.
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Now, unfortunately, women still make less money than men do, but the news for females who choose higher education is truly phenomenal: In a 1997 study, young women who had completed a bachelor’s degree or higher earned 91 percent more than young women with no more than a high-school diploma or GED.
A college education is an extraordinarily profitable investment. Every dollar spent on a young man’s college education produces $34.85 in increased lifetime income. Any Wall Street stockbroker would envy that kind of investment yield — especially these days. You say you can’t afford to go to college? The Postsecondary Education Opportunity Research Letter says you can’t afford not to.
College may be expensive, but the only thing more expensive than getting a college education is not getting one. The income differential empowers you to make choices that enrich your life.
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