Introduction
In recent times, it has been noticed that there is an increasing cost of student loans. This contributes to the doubt as regards to the actual benefits of having a college degree. As a result of this, many now ask the question relating to what a college degree now has to offer especially when there is an increasing rate of unemployment. Some also link the success of several college dropouts to the arguments that a college degree has no special benefits again. Evaluating the dropouts especially from the information technology field, one can easily support the arguments against the need for a college degree.
What college degree is all about
What college degree is all about; we need to understand that a college degree is simply having a college or university diploma which is often awarded in recognition of the fact that a certain course of study has been completed satisfactorily. This is often done with a title and associated with an academic position.
Some of the great names that are associated with dropout success are Bill Gates, Steve Jobs and Mark Zuckenberg. We should know that this set of people is small percentage of the total number of people that dropped out of the college. We also need to know that for them to enter into the college initially before dropping out; they knew the importance of having a college degree. It is also important to note that there are some college dropout billionaires that contribute their community quota by giving out scholarships (this shows they all understand the importance of a college degree to the community development). Not all just want to stop or drop out of the college but some are hindered from finishing the college as a result of different constraints.
Why the misconception
Arguments are almost everywhere on the issue of the need for college education or degree. These arguments have led to several forms of misconceptions. The misconceptions about the degree education are listed below.
- The view that the college degree no longer pays off,
- most people borrow huge amounts of money to pay for college,
- many people pay more than $50,000 per year for college,
- only the rich can afford to attend a top-ranked private college,
Misconception regarding that the college degree no longer pays off is related to the fact that since the last financial crash, pay as being flat for college graduates when compared to high school graduates. Considering the two aspects, it has been found that education pays off over time.
The thought that most borrow huge amount of money to pay for college is not true simply because of the from the data, less than 1 percent borrow up to 100000 dollars while the average debt accumulation is in the range of $27000. That which relates the payment to be up to $50000 per year is also not true simply because very few students pay up to that amount of money since most students are on grants and scholarships. Only about 2 percent of full time students actually pay up to that amount. College is not about making money alone, in colleges there are opportunities to meet people and build strong connections.
Importance of college degree
Importance of colleges for all can be classified into merits for personal developments, national and global developments. In terms of the merits of personal developments which seems to be the most important aspect of the essence of college degrees, those things that can be derived from the college degree earnings are;
- improved self-esteemIt has been found by studies conducted by the College Board that those that have the opportunity of completing additional schooling tend to have the mental capacity to handle mental challenges which others are not equipped to handle. The sense of accomplishment associated with the end of the college degree is another contributor to the improved self-esteem.
- healthy choices..The fact that you earn more money makes you have greater access to health care and healthier food options when you are a college grad. It always contributes to the desire to make the right choices such as eating right.
You are also more likely to know the right choices, less likely to smoke, more likely to exercise. It makes your life better.
- higher job satisfaction and higher marketabilityHigh Job satisfaction is another important merit from earning a college degree. Employers will definitely prefer individuals with a high profile degree for great jobs.
- make lifelong connections and more opportunities.With all these types of jobs, people tend to connect one another hence making lifelong connections and more opportunities.
National and Global development resulting from having college degree
The National and Global development, there is an opportunity of passing on the legacy to upcoming generations; people that are with college degrees are not likely to be kept as slaves. Since education set people free, such are likely to fight for their freedom and can easily change the world.
