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Does College Education Have Value?

There has been a heated debate and controversy about the importance of college education and if it has value. Many people hold different opinions. My opinion is that college education has a great value. The issue of unemployment is one of the underlying factors that make people have so many questions about the value of college education. Most countries have high levels of unemployment. This has left the recent and past graduates at the crossroads. The fact, however, is that more graduates are still needed in most of our countries. The markets are not filled, but some poor governance is the leading cause of the unemployment. This causes a miss conception about the value of education.

The Economic Value of College Education

Most people do not approve the value of college education because of the amount of money that is used as a fee. They believe that students use a lot of money that is borrowed loans for education, but the pay is not comparable to the time and money used to graduate as a college graduate. It is important to understand the naked truth that the level of remuneration for college graduates is far much better than of their counterparts that did not go to college or dropped before graduation. In America for example, college graduates get remunerated at ninety-eight percent more than those without a bachelor’s degree. Graduates have also been receiving a pay rise while those others have had their pay stagnating. This shows that the value of college education is high and many students are needed to join college and graduate. It f the value of education was decreasing, so would be the trend in the pay.

Other Benefits of College Education

Apart from the issue of pay and remuneration, college graduates have greater chances and opportunities than those that did not attend college. They also do not have to work as hard as their work programs follow those set by the workers body. They thus have adequate time for recreation and attending to other personal issues. Their live standards are also high because they receive better pay. Apart from all these, being in college gives one a chance to learn many different things. You acquire new ideas, subjects and even cultures. College graduates are also believed to exhibit better and healthy lifestyles. This is because they have a wider pool of knowledge. Knowledge does not only benefit them in their career but also in their morals.