Is College Worth it?

September 27, 2022
By AdmissionSight

Is College Worth it?

Thinking about going to college when you are a young adult is a very exciting prospect. On the other hand, the prospect of having to pay the cost of tuition and continuing to make payments on student loans long after graduation is not very exciting, especially when the career that you want might not even require a college degree.

As a result, many people are beginning to wonder whether or not going to college is even worthwhile. Is college worth it?

A growing number of students are beginning to question whether or not it is worthwhile for them to invest the time and resources required to attend college when there are plenty of jobs available that pay well even without a degree.

Because of the rapid pace of change in our world, there are a great many opportunities to acquire useful professional skills that do not require attendance at a college or university or taking on student loans.

Students talking near the school grounds.

However, for a large number of other people, the social and professional benefits that come with a college education make the financial investment worthwhile. It is important to carefully consider all of your choices before making such a significant choice in your life because there are benefits and drawbacks associated with each option.

In the United States, there is a severe shortage of job candidates who have a bachelor’s degree. According to the data provided by the United States Census Bureau, only about one-third of adults who are over the age of 25 have earned a bachelor’s degree or a higher level of education.

It’s possible that learning about how far-reaching the effects of undergraduate education can be will surprise you. A bachelor’s degree can improve a variety of aspects of your life, including your earning potential as well as your personal health.

If you have just graduated from high school, or you are on the verge of doing so, and now it is finally time to face these questions– Is college worth it? Is it still worth it to go to college? Should I really pursue a degree in higher education?

It’s not an easy choice, but it’s one that could affect your life in many different ways. There are a lot of things to take into consideration, but some of the most important ones are as follows:

  1. Do you feel that going to college is something you should do because it’s what others expect from you, or do you want to go?
  2. Do you have a plan for your professional life?
  3. Have you given thought to delaying your decision by one year in order to travel and gain some work experience?
  4. Do you believe that you will be able to put off attending college indefinitely if you don’t go to school right now?
  5. Do you have enough money to pursue a degree at a college or university?
  6. Have you looked into receiving any type of financial assistance, such as grants, scholarships, or other programs?
  7. Have you given any thought to applying for a student loan?
  8. Are you willing to study in a different country where the tuition may be lower or even free?
  9. Is it possible that your dream job would require you to complete specific coursework, earn a credential, or earn an associate degree after just two years?

This list is a good place to start if you are thinking about becoming a student, but there are many other things you should think about as well.

There are four main reasons why the cost of college is worth it.

Ask yourself this question before you start spending money on college applications, campus tours, and tuition: Will attending college provides me with the best opportunity to achieve my long-term career objectives? Is there no other option?

You’ll need to devote some time to contemplate your abilities and the kind of work that most interests you. The next step is to conduct some research to determine whether or not jobs in the chosen career field require a degree. If they do, the next step is to determine how you can attend college without incurring debt from student loans.

If you are unsure as to whether or not you will require a degree in the future but are interested in learning more about the advantages of attending college, the following are a few reasons why attending college could be the best choice for you.

1. Many jobs require a college degree.

There is a wide variety of work that you can do that does not require a college degree on your part. However, graduating from college can make certain career paths more accessible to you.

Young woman interviewing a student in a room.

Even for positions that do not specifically require a degree, having a degree can give you an advantage over other candidates who are interviewing for the same position.

2. People with degrees from four-year colleges typically earn more money.

The Federal Reserve Bank of New York reports that the median income for those who have completed high school is $30,000, while the median income for those who have completed a bachelor’s degree is approximately $52,000.

If you graduate from college without any student loan obligations, you will have a much better chance of accumulating wealth than if you had not gone to college at all.

3. You’ll be able to apply the knowledge you gain both in and outside of the classroom.

In college, your time is not solely spent acquiring knowledge and preparing for examinations. Your classes help you develop skills such as problem-solving, critical thinking, teamwork, and organization that will be necessary for you to be successful in the workforce.

It is true that you could acquire these skills through other means; however, the opportunity to gain this kind of practical experience is a significant component of why college is a good investment for a lot of people.

Students walking in the walkways of a campus.

Attending college also provides a wonderful opportunity to interact with people from a diverse range of backgrounds. You never know what new information you might pick up from someone whose background is different from your own.

Universities are often described as “melting pots” because of the diverse range of cultures, religions, political views, and other beliefs that can be found there. While it’s likely that your fundamental beliefs won’t change, you should develop a deeper appreciation for the validity of alternative points of view.

4. You will have access to a variety of opportunities and resources.

You can gain the experience you’ll need to set yourself apart in the job market by taking advantage of the guidance counselors, career centers, job fairs, clubs, and volunteer opportunities that are available on a typical college campus.

Don’t forget that internships are one of the best ways to get real-world work experience, and there’s even a chance that they could lead to a job offer. However, many internships are only open to students currently enrolled in a college or university.

Colleges put a lot of effort into ensuring that a high percentage of graduates are able to find jobs in their fields of study immediately after graduation. That’s a win-win situation for both of you.

Is college worth it considering its cost?

I cannot stress this enough: college is not the right choice for everyone. Even though there are numerous advantages to earning a college degree, there are instances in which the financial investment required to do so is not warranted. Here are some of the potential drawbacks of attending college and why it might not be the best choice for you.

1. A degree from an accredited college or university may not be required to land the job of your dreams.

A college degree can open doors, but what keeps those doors open? Putting in a lot of effort and making use of your network.

Some of the wealthiest businesspeople in the world, such as technology pioneers Bill Gates, Larry Ellison, and Michael Dell, did not even complete their education in higher education. They are evidence that going to college in the traditional sense is not the only way to achieve one’s goals.

According to the findings of the Federal Reserve Bank of New York, approximately 43 percent of college graduates are currently employed in positions that do not require a degree.

Female student walking near a walkway.

In addition, as of the year 2020, the employment rate of people aged 25 to 34 who did not complete their education at a college is 78%. This is not a terrible number when compared to the employment rate of people in the same age group who have a college education, which is only 86%.

You might be able to get the job that you want for a lot less money than you expect. A typical associate’s degree from a community college, which takes two years to complete, costs less than half as much as a bachelor’s degree from a four-year college in the same state; in addition, it is 80 percent less expensive per year than a bachelor’s degree from a private, four-year university.

2. Having a degree does not guarantee you a job with a high salary.

It’s true that earning any degree can help you improve your financial situation, but not all degrees are created equal. A bachelor’s degree in history may earn an individual a starting salary of $36,000, while a bachelor’s degree in mechanical engineering may earn twice as much as that.

You need to ask yourself if the return on investment of your degree will be sufficient to cover the costs of your education. It doesn’t make sense to graduate college with $100,000 in student loan debt and then take a job that only pays $36,000 per year.

3. You run the risk of being disappointed by the experience.

A survey conducted by Payscale found that 66 percent of people who continued their education beyond high school had some sort of regret regarding the degree they earned, the school they attended, their chosen field of study, or their decision to take out student loans.

That’s a little over two-thirds! If you aren’t one hundred percent certain about what you want to do with your life, you might rush into making decisions about your college education that you’ll come to regret down the road. Additionally, hasty and careless choices can cost you not only money but also time and peace of mind. Is college worth it if you’re not sure about what you want to do? Probably no.

4. You run the risk of not graduating at all.

I hate to be the one to break it to you, but the fact of the matter is that it is possible that you will not graduate. Many college students struggle to cope with the stress of juggling the demands of school, work, family, and friends all at the same time.

You may have every intention of earning your degree. You could also make the decision to embark on a line of work that does not necessitate the completion of a degree program.

Ivy League students gathered around a room preparing for an activity.

In either case, the National Center for Education Statistics discovered that approximately 63 percent of college students finish their degrees within the standard six-year time frame.

Is college worth it if you’re not going to graduate? Most likely, no.

In consideration of these, an academic and extracurricular profile evaluation can be of great help to you.

How to make a decision about attending college that you won’t come to regret in the future?

There is quite a lot to think about, isn’t there? If you are still unsure about whether or not you want to go to college, here are some things you can do to prevent yourself from making a hasty decision or one that will come back to haunt you in the future:

  • Ask yourself if you can handle the admission process of the university you’re eyeing to.

Things might not get much better for you during your time in college if you struggled academically during high school or didn’t enjoy learning while you were there. But even if you found most of your classes to be uninteresting or overwhelming, going to university could still be a very positive experience for you.

If you worry about college admission, AdmissionSight can be of great help to you. Students can significantly improve both their scores and their chances of admission by taking advantage of the one-on-one, individualized instruction that we offer here at AdmissionSight.

The benchmark score of 1550 or higher on the SAT and 35 or higher on the ACT is what top-tier educational institutions look for in highly qualified applicants. Our students who go through our program consistently achieve these benchmark scores.

  • Ask yourself if going to college is something you really need to do; just because it’s something that’s expected of you doesn’t mean that you should do it.

If you are unsure about whether or not you want to attend college, you should postpone your enrollment for at least one or two years. Taking a year off between high school and college can be an exciting opportunity to travel, find your first job, and learn more about yourself, the world, and what it’s like to be financially independent.

However, that is just the beginning of things. You also need to think about things like the following:

  • Where do you want to go with your life?
  • Will you be able to continue working at your current job while attending this event?
  • Which of your family responsibilities do you need to fulfill?
  • Is a college degree necessary for you to get the job you want? If so, what kind would it be? If not, what other ways are there for you to satisfy any educational requirements?
  • Do you want to go to college because it’s what everyone else does or because you don’t know what else to do with your life?

You should also give some thought to the various options for furthering your education after high school, of which college is just one.

Training that is more directly applicable to a job can frequently be found at vocational and trade schools, which also frequently include opportunities for on-the-job training and networking with local businesses. Online certificate programs are more accessible than ever before, and apprenticeships are still commonplace in a variety of industries.

Community colleges offer students the chance to earn a degree, get a taste of what a liberal arts education is like, and find out what their passions are at a fraction of the cost of four-year universities. Any of these educational opportunities can be pursued at different times in a person’s life.

Is college worth it? Well, when considering college, all of these factors need to be taken into consideration. It’s possible that this answer will point you in the direction of going, but it’s also possible that it won’t.

Regardless of what you choose to do with your life, developing your skills and finding a sense of purpose and fulfillment in your life will be facilitated by carefully weighing the benefits and drawbacks of your potential educational path in the future.

Nonetheless, despite all the challenges of going to college, if you really want to pursue it, it is very helpful to reach out to a private consulting program that will enable you to address issues and cover academic advising, extracurricular activities, summer program applications, and college applications.

Here at AdmissionSight, we aspire to provide the best academic guidance that will enable you to pursue the career you wish to take. Feel free to set up an appointment today to book your initial consultation.


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