As college costs and student loan debt continue to rise precipitously, more people are wondering if college
Question:
As college costs and student loan debt continue to rise precipitously, more people are wondering if college is worth it. Based on earnings alone, yes, it is. On average, workers with a bachelor’s degree make 80 percent more than workers with no more than a high school diploma. At the same time, the potential benefits, as well as the costs, vary notably by institution, program, and field of study, and students should be informed about the potential costs and benefits of their choices. It is difficult to talk about the return on investment (ROI) of college in the same terms as other financial investments. Investing in college education has greater immediate effects on a person’s life than investing in the stock market; however, a college degree provides no tangible asset, unlike investing in a home. It may take years for the investment to pay off since the value of the degree lies in what a person does with it. College is expensive, and as with all expensive investments, the potential return is a key consideration when choosing where to enroll and what to study.
List what the key considerations are when you decide to what college you attend or will transfer to if applicable. Then use the search tool here (Links to an external site.) (at the bottom of the webpage link) to find 3 schools you are considering if you were to transfer and discuss your conclusion on your choice.
Essentials of Business Statistics Communicating With Numbers
ISBN: 978-0078020544
1st edition
Authors: Sanjiv Jaggia, Alison Kelly