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Essay / Research Paper Abstract
This 3 page paper describes the benefits of having a college degree, and argues that the investment of time and money to obtain advanced education are worth it. Bibliography lists 1 source.
Page Count:
3 pages (~225 words per page)
File: D0_HVValCol.rtf
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Unformatted sample text from the term paper:
reality, a college education is about far more than parties, sex, concerts and finally getting away from overbearing parents. A college education is a key to the future. A student
can be forgiven for asking if a college education is truly valuable, since there are many factors involved in getting an advanced degree that tend to mitigate against it. Tuition
is high and continues to climb; its possible to go right into the workforce and start earning immediately; and a person will graduate from college, in all likelihood, thousands of
dollars in debt (Porter, 2002). Is the reward worth this investment of time, money and lost potential earnings? In order to answer this, Porter suggests that its useful to look
at what we know about the value of attending college, and the "rates of return on investment to both the individual and to society" (Porter, 2002). Economically, Porter argues that
there is a great deal of evidence to suggest a college education is of great value: "Though the earnings differential between college and high school graduates varies over time, college
graduates, on average, earn more than high school graduates" (Porter, 2002). Census bureau figures indicate that over the time span of an adults entire working life, those with a high
school degree earn approximately $1.2 million; those with an AA earn approximately $1.6 million; and those with a bachelors degree earn approximately $2.1 million (Porter, 2002). This is a significant
difference, and enough to suggest that the expense of the degree is well worth it. When Porter wrote five years ago, "a full-time student at a public 4-year college pays
an average of $8,655 for in-state tuition, room and board" while a student at a junior college pays "an average of $1,359 per year in tuition" (Porter, 2002). This is
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