Money Spent of a Four-Year Degree
When it comes down to the importance of an education there is no denying that the longer you stay in school the better off you are when it comes to earning potential over the course of your lifetime. Recent estimates have presented some rather astonishing figures to support these claims however, and I for one think they are well worth mentioning.Let’s discuss first things first however. A high school diploma will net the average citizen $200,000 additional dollars of lifetime income on average. This is one small baby step when it comes to the educational process however. Some college, even without a degree will even increase that figure an additional $150,000 for a total of $350,000. If this isn’t enough to convince you however try the facts and figures that are associated with the additional earning potential that a four-year degree introduces: $500,000. This addition makes a total of $850,000 more over the course of a lifetime in earning potential. I don’t know about you but I find those figures to be quite a nice motivator for going back and finishing a degree.
While a person’s education may not be an accurate indicator of his or her actual ability it is often used in the business world to narrow down a growing field of applicants for a sadly stagnate number of positions across the country. There are things you just can’t see on a piece of paper and ability and capabilities are among those things. Businesses need a defining factor by which they narrow down the field of potential employees and that defining characteristic is often a college degree in the field of business or a complimentary major course of study.
While this may not seem fair to many who have the practical skills companies are seeking employees that can fill multiple roles in order to eliminate positions that have been occupied in the past. For this reason they want business people who have technical skills and a college education provides a brief introduction to many skills that are useful in these situations. Unfortunately, the only way to know whether or not you have these specific skills is if you list them on your resume while those who have a four-year degree are believed to have them by the merit of their educations.
The earning potential alone should be enough to turn your head when it comes to the importance of earning a college degree though there are many more excellent reasons to pursue the completion of your degree. If you haven’t considered some of the other wonderful reasons for returning to college and getting your degree, perhaps the reasons below will provide a little additional motivation.
1) Challenge. There is very little in life that offers the challenge of returning to college after an absence. It is a frightening prospect for many and yet can be equally as exciting. You will find that the constant exposure to academic debate is a great way to feed your mind and open your eyes to new ideas. Challenge your preconceptions and challenge the limits of your own experiences by opening up your mind to the thoughts and ideas of others.
2) Learn New Skills. There is never a bad time to begin learning new skills no matter what they say about old dogs and new tricks. The truth is that as long as you open your mind to learning you are feeding it and that is a great thing.
3) Career advancement. Whether you realize it or not, a college degree is one of the quickest paths you can take to career advancement.
If the money wasn’t enough to convince you of the impact that a four-year degree can make in your life perhaps the reasons mentioned above were enough to do the trick. Whether or not you realize how much a degree can affect your life the truth of the matter is that it can improve so many things about your life and how you view yourself and the world around you. Now is the perfect time to go back to school and earn your degree. To read another topic on different site categories, please visit recursion, strojmat, maesc, cubaaction, dengarblog, soahubs, doktermuda, ririn’s, bazzanella, playyourpart, sielmob, spazphotos, and groesbecktennis.
Higher education in this country is rapidly becoming a necessity in the business community rather than a luxury. There was a time when those who had a high school education still had the opportunity to build a better world for themselves and their families. Those days are rapidly becoming another dieing ember of the past. If you hope to have significant earning potential during your lifetime you are almost completely limited by your learning potential and the level of education you have received.The good news is that you do not have to have an all or nothing approach when it comes to education. You can begin by taking baby steps when it comes to higher education. If you have a community college in your area, this is one of the greatest resources for beginning your college education at any stage in your life. Most community colleges offer classes at various times during the day and evening, even some on Saturday in order to accommodate students of different ages and backgrounds.
Student loans are both a blessing and a curse to college students all across the country. On one hand, student loans allow you to have the money you need in many cases to attend college at all. On the other hand, most college students, particularly those entering college for the first time have inflated opinions of their starting salaries upon graduation and the bills they will face while living in the real world. In fact, most freshmen college students have no real concept of the limits of money in which to base their decisions as to whether or not they can realistically expect to repay those funds once they’ve graduated college.The sad truth is that many college graduates find that for the first 10-15 years after they have graduated college, they are essentially indentured servants to their student loan debts. There are many reasons for this and different college graduates will find different things about their student loans when the appropriate time comes. First of all, those taking out student loans need to understand that a college degree does not guarantee a high starting salary. Beyond that, a college degree is no guarantee that there will be employers lining up to take your name and number upon graduation. The truth is that most college grads take anywhere from 6 months to a year to find a job in their fields and even then the starting salaries are often far less than anticipated.
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