Is College Degree Worth Money Investments?
By Linda Correli
No issue is more disturbing and debatable for those concerned with college education than the issue of real value of college degrees. The tendency towards escalating cost of tuition fees made many people wonder whether a genuine payoff and opportunities college degree can offer to a graduator, in the long run, worth a high-priced investment.
This problem became especially acute for low-income parents, because the majority of them can’t afford to take an additional burden for paying such a fabulous sum of money for education of their kid. Annual tuition fees in different colleges range in average from $12,000 to $25,000.
Undoubtedly, such numbers provoke many people to think it over and weigh all arguments for and against college education.
Considerable rise of college charge caused a reappraisal of real value of higher education, in general, and college degree, in particular. A college degree, which can be interpreted as an official recognition for the successful completion of a vocational or an academic program, is now called into question. Many high-school graduators prefer well-paid employment to spending 4-6 years in college to earn a piece of paper which doesn’t even earn them squat back.
Though, money is not the only sticking point on a way to higher education, perspectives and vision of the future can’t be underestimated in the ultimate choice of a person, who foresees the necessity of obtaining college degree for success, regarding it as a necessary component of success formula in life; for prestige, considering a college degree to be a valuable and expensive contribution to his collection of achievements; or for money making, viewing it as an additional plus while getting fixed up in a job.
From my perspective, there are obverse and reverse of this issue. On the one hand, college degree is not a guarantee of anything, nor is it