If you have stumbled across this video,
you probably wanna know:
Just exactly what is the value of a college education?
Fifty gold coins?
A life of leisure?
Or is it just a piece of paper?
With the rising cost of tuition,
you may feel that a college degree might not be worth it.
But if you look at the numbers,
you’ll see that the cost really adds up
when you don’t go to college.
Here are a few reasons why.
Reason one: Average income.
A recent study shows that millennial college graduates
are earning about $17,500 more per year
than their peers without college degrees.
Reason two: Job satisfaction.
The College Board has research that shows
that 53 percent of employees with a bachelor’s degree report
being “very satisfied” with their jobs,
while only 37 percent of people
with a high school diploma said the same.
Reason three: Lower unemployment.
The 2014 unemployment rate was 6 percent for those
with a high school diploma,
3.5 percent for those with a bachelor’s degree
and less than 3 percent for those with a master’s degree,
according to the Bureau of Labor Statistics.
Reason four: Investing in yourself.
Eighty-six percent of millennials aged 25–32
who took out loans for schooling said that their degrees
have been worth it or will be in the future.
Reason five: Declining value of a high school diploma.
According to a Pew Research study,
the typical high school graduates’ earnings fell
by more than $3,000 from $31,384
in 1965 to $28,000 in 2013.
So there it is.
It really does pay to go to college.