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  • Essay / It's worth taking on significant debt to get a college degree.

    One of the biggest benefits of getting a higher education that many people can agree on is a future with some form of financial security thanks to a stable profession and income. According to the College Board's 2013 Education Country report, people with higher levels of education earn more and are more likely than others to be employed. The report also states that college graduates earn about 65 percent more than high school graduates and those with advanced degrees earn two to three times more than high school graduates. The wage premium increases as workers advance in their careers (College Board, 2013). It is very clear and understandable that the more educated a person is, the more opportunities he has, provided he is willing to invest his money, efforts and time. Higher education not only provides better job opportunities, but it also influences health and provides knowledge necessary for a healthy lifestyle. Being better educated can increase people's knowledge and cognitive skills, allowing them to make better decisions about their health, health care, and management of their medical care. According to an article written by the Commission to Build a Healthier America, higher levels of education have been associated with health-promoting behaviors, including increased consumption of fruits and vegetables and other aspects of a healthy diet. , practicing regular physical activity and abstaining from excessive consumption. alcohol and tobacco. Statistics show that adults with higher education are less likely than others to be obese and that children living in households with more educated parents are less likely than other children to be obese (Education Pays, 2013). Higher education has been found to correlate with higher paying employment with income that allows them to live in neighborhoods with minimal to no crime rates and access to recreational facilities. This is an example of a health-promoting environment that encourages and enables people to adopt and maintain healthy behaviors (Commission to Build a Healthier America, ), thereby leading to longer lives. People with higher education also tend to actively participate and contribute to society. This means that these individuals are open to volunteering in their communities by providing assistance to homeless shelters and those who are less fortunate, as well as keeping their communities clean. These people also know about the government and its policies, their civic responsibilities, voting, and other political interests. This provides individuals with a feeling of satisfaction and happiness. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original EssayBenefits also come with costs or disadvantages. When it comes to getting a higher education, one of the biggest disadvantages is debt. The cost of college is very high and the average student cannot afford it, forcing them to resort to government/federal loans or private loans to pay for their education unless they have full scholarships or financial aid to cover the cost of their studies. tuition. The cost of tuition is increasing at a rapid rate, but students who cannot afford to attend college continue to enroll. The Wall Street Journal hasreported that, according to an analysis of government data, the average student is burdened with at least $33,000 in debt after graduation. And every year, the number of students who take on debt increases. Student debt is now burdening the older generation. In 2012, there were 6.9 million student loan borrowers ages 50 and older who collectively owed $155 billion with average individual balances between $19,521 and $23,820. According to the Joint Economic Committee of the United States Congress, approximately 60% of 2011 college graduates have student debt equal to 60% of their annual income. Another disadvantage of higher education is unemployment. Although the chances of finding a well-paying job after graduating from a higher education institution are higher than finding one immediately after college, research showed in 2010 that only 4.1% university graduates were unemployed. This figure is now 7.9% according to USA Today's research on 2014 college graduates. Compared to the 13.8% of unemployed students who dropped out of high school, this shows that having some education Higher education reduces unemployment risks, but according to a 2010 Huffington Post article, people with college or advanced degrees were just as vulnerable to long-term unemployment. unemployment than people without higher education once unemployed. In 2011, 50% of American college graduates under the age of twenty-five were only employed part-time or did not have a job (Huffington Post). Most employers prefer people with experience rather than a degree because having experience and education shows that you have skills that those with a college degree lack. There is no guarantee that with higher education you will get a job after graduating. Another disadvantage of obtaining higher education is the delay in entering the real world as well as the lack of involvement in the real world. Going to college means giving up valuable work opportunities and gaining practical skills, learning and training. The Time/Carnegie Corporation of New York survey (2012) found that 40% of undergraduates believe that the purpose and objective of earning a bachelor's degree is to acquire new knowledge and skills for a career. For example, Lagemann and Lewis (2012) suggested that the public goal of attending college and university has less to do with seeking economic or employment advantage and much more to do with preparing young adults with skills generics and civic education such as civic values. , ideals and virtues. They argued that students must “develop generic skills and dispositions to listen attentively and empathetically to others… rationally analyze what is said, read, and observed; action" (Lagemann and Lewis, 2012, p. 12). The majority of students do not feel like they learned these skills in college, making the goal of attending an educational institution pointless four-year higher education There are a number of factors to consider when deciding whether obtaining higher education can be a positive decision or not a negative decision and whether a person should or should not pursue it. The benefits of obtaining higher education range from guaranteed employment, improved healthy lifestyles, higher incomes and social recognition. The disadvantages of accessing education. higher levels range from increased debt to delay in.