With the rising cost of college tuition, many people are asking whether college is still worth it. The significant increase in costs is making people think that a degree is not as good an investment as it once was. They think of it more as a financial burden than an opportunity for financial growth.
Despite the speculations, studies continue to prove the worth of a college education. According to a report released by The Hamilton Project, the returns on college investment have been largely constant over the last 35 years. This only indicates that the rising cost of tuition has been offset by the earnings of college graduates.
Don’t Focus on the Cost
There is no argument that the continuously increasing rates on tuition are frustrating many parents and students. Focusing solely on the cost, however, is misleading, as it only shows part of the story. Research suggests that the financial edge of a college graduate has increased dramatically over the last few decades. Although tuition is 50 percent higher than it was three decades ago, the lifetime earning is 75 percent higher. In simpler terms, the benefits of a college degree in the long run are growing faster.
Investing on Yourself
A college is more than just a big step to a successful life. It prepares you for new ideas and new challenges. Along the way, you’ll expand your knowledge, develop new skills, and boost your brainpower. You’ll discover new passions, satisfy your curiosity, and learn more about yourself. It allows you to prepare for a brighter future by helping you become a better person. College is a way of investing in yourself, and reaping tremendous benefits in the following years.
Learn More, Earn More
For the most part, a college degree is a ticket to a fulfilling life. It gives you an advantage over others with lower educational achievements. Finishing something beyond college, meanwhile, can lead to an even better and brighter future. Getting a master’s degree, for example, can increase your annual earnings beyond your previous corporate worth. Professional certifications related to your field provide additional experience and value. Many colleges and universities in Pennsylvania and other states offer flexible schedules to manage working and attending school.
College can shape you in more ways than you may imagine. Apart from opening plenty of opportunities, it helps you get to your destination more surely and gives you a feeling of fulfillment. If you are worried about the cost, apply for financial aid and scholarship programs. Plan early and find a good college in Pennsylvania to start working on a brighter, more comfortable future. If you struggle with your studies, always remind yourself, it’s a challenge that is worth it in the end.