Tag Archives: higher education

Is Higher Education Worth the Cost

With college tuition costs rapidly increasing, more and more students are questioning whether it is worth it to pursue higher education. As it turns out, a college education is still a wise investment. Heres why.

Increased Earning Potential

Its estimated that for every dollar a person invests in higher education, they will enjoy over $30 in increased lifetime income! Thats a return on investment that anyone on Wall Street would envy.

Similarly, people with a bachelors degree earn an average of $1.6 more over their lifetime than those with only a high school diploma, according to the Postsecondary Education Opportunity Research Letter. Meanwhile, the average incomes of those with a high school education are sinking. Given this atmosphere, you cant afford not to go to college.

Improved Job Prospects and Benefits

College graduates arent just more prosperous they have a wider array of careers to choose from.

The number of jobs that require a college degree is increasing. Some jobs require a specialized college degree; other employers simply value college graduates because they have the skills and knowledge base that high school graduates lack.

In addition, the process of attending college frequently makes students aware of subjects and fields they wouldnt have otherwise considered opening doors for lucrative, rewarding careers.

Having a college degree is an advantage, regardless of your major and the industry you wish to enter. And in some cases, if you desire a job that doesnt actually require a college degree, your education is likely to net you better pay and benefits than a person with less education.

Lastly, careers restricted to college graduates are more prestigious, pay better, and offer great benefits such as health insurance, life insurance, and retirement benefits. These benefits are necessary to achieve financial security and stability, especially if you have a family.

Better Quality of Life

Numerous studies have shown that college graduates enjoy better health and quality of life, and they pass these advantages onto their children.

Compared to people with just a high school education, college graduates have longer life spans, better diet and health, better access to healthcare, greater economic stability and security, more prestigious employment, better job satisfaction, more self-confidence, more savings, and more hobbies and leisure activities. College also tends to make people more rational, open-minded, consistent, and cultured.

In addition, the children of college graduates are healthier, perform better in school, and are more likely to attend college, compared to the children of high school graduates.

Lastly, we cant overlook that college can and should be fun! Attending college presents amazing opportunities to meet new people, develop new skills, and explore your areas of interest.

College is also a great setting in which to grow personally, culturally, and intellectually. College students often have the opportunity to study abroad or to participate in other exciting learning experiences. In addition, the college environment invites students to explore academic disciplines, join student organizations, connect with professors, share ideas in a safe setting, and grapple with difficult problems. All of these activities prepare students to be productive citizens in todays world.

Conclusion

Are you wondering how youre going to afford college? Maybe you should be wondering if you can afford not to go, given all the advantages of a college education.

With grants, scholarships, and financial aid available, college is accessible to nearly anyone. And with todays distance learning programs, such as the University of Phoenixs respected online degree program, you can earn your degree while working full-time.

Increase your earning potential with Higher Education

The business definition of earning potential, according to bnet.com, is the amount of money an individual will be able to earn in his professional capacity.

One of the biggest expectations that everyone has always had from education is to increase earning potential. However, this has taken a whole new meaning post recession. It wont be an exaggeration to say that for many, the only reason to invest time and money on college education is to increase their capacity to earn.

What lends credibility to the phrase “the more you learn, the more you earn” is the data for median annual earnings by educational attainment released by the U.S. Census Bureau. According to the bureau, the annual income of high school graduates or equivalent is $27,448. The earnings start rising as the level of education increases, with those who have some college or an Associates degree making $33,838 per year and those with a Bachelors degree earning $47,853. The income of graduate or Masters degree holders is the highest at $63,174.* If there was ever a doubt in your mind about the significance of college education in increasing your earning potential, then surely these numbers should clear it.

Yes, college is probably going to eat up a considerable chunk of your parents savings or you might have to fund it by taking a student loan, but its an investment that is likely to bear rich dividends through your life. And there are several options available to suit everyones goals.

If academics are not your forte, it doesnt mean you have to rule out college altogether. You can still increase your earning potential by pursuing a two-year Associates degree in fields like healthcare or computers where there is a huge demand for trained workers. For example, an Associates degree in respiratory therapy will qualify you for entry-level positions as a respiratory therapist, whose average annual income is $52,200.** Now thats a fair deal in return for two years of education, wouldnt you say?

A Bachelors degree can boost these earnings further, especially if you are smart about the major you pick. There are some rewarding careers like accounting, computer science, and healthcare administration for which a Bachelors degree is the minimum qualification. A Bachelors degree will not just increase your earning potential, but also provide you a wider base of quality jobs from which to choose.

Needless to say, with professional and graduate degree programs like MBA, law, or medicine, the sky is the limit as far as earning potential is concerned. However, you should go down that road only if you have the inclination and the resources for extensive schooling that these professions require.

Taking a cue from students who are in a rush to join the workforce, many universities and colleges have also introduced accelerated degree programs that allow students to complete their post-secondary education in a shorter span of time than that afforded through traditional colleges and universities. Such degrees are a brilliant idea because the sooner you finish school, the sooner you can start making a living.

Whichever field you choose to enter, college degree programs can help you reach the next level not just in terms of a paycheck, but also the quality of your life!

*U.S. Census Bureau, 2006-2008 American Community Survey **Bureau of Labor Statistics, U.S. Department of Labor, Occupational Outlook Handbook, 2010-11 Edition, Respiratory Therapists

Reasons To Pursue Cheap Higher Education In Europe

Seeking cheap higher education in Europe or other countries in general can be intimidating if you have never left your own country’s border. If you have, then you know how easy it is to do so again and again. Making education a priority when you get out of the country can add untold advantages to your quality of life. There are five reasons why you should pursue this course of action if you are not yet done with your schooling, and you want something more than the same information that is spoon fed to all of your classmates.

Form social bonds and relationships that transcend cultures. It is very common for people who take part in out of country educational programs to make friends they never would have in another life. Once people from two different cultures are around one another, they find out they are not so different, and the differences they do have only serve to educate rather than separate.

Become a more well-rounded individual through a new set of experiences. When you experience a new culture, you get a clearer picture of what it is that makes the world work as it does, and has, for millions of years. That sort of understanding makes you more appreciative of other people’s culture as well as your own.

Make yourself more marketable in your profession. When you get out of your comfort zone, and you see how the world operates from another perspective, you pick up life experiences that can translate into dollars and sense. Learning new languages and new skill sets that are important to one culture helps you stand out in your own, and that kind of marketability helps employers to cut through the various applicants and get to the one that matters-yours!

Eliminate prejudices. When raised in a society that is shut off from the rest of the world, it is common for prejudices to develop between you and other cultures. Isolation is not a good thing as you get older. The more of it that you experience, the more likely you are to have unfair conclusions arise in your brain about the way people in other parts of the world live. When you are around them and you get to know the human side that you so often don’t see, it’s easier to let go of the misconceptions and embrace others for their humanity.

Pass it on. The more knowledge of or experience with other cultures that you have the more you are able to pass it along in your daily life. That kind of leadership capability not only enriches your own life, but also the lives of all those in the world around you.