Is a College Degree Worth Incurring Significant Debt?

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107 thoughts on “Is a College Degree Worth Incurring Significant Debt?

  1. The value of college is much more than just extra eductation. College can determine whether or not you have a successful career in the field you want to persue or finding a high paying job aposed to working at a burger joint. Most employers now are looking for people who have a college education, before they think to hire them. With a college degree and education your opportunities are endless, without one you become less diserable to employers of high paying companies and your windows of opportunities become much smaller.
    Overall the choice to go to college all depends on what you want to do with your life and career. If your happy with what you do now and it doesnt require a college degree thsn good for you, but if you want to be in certain careers like a Doctor or lawyer than you need a college degree in order to accomplish your goals. In all the choice is yours to whether its worth it for you and the lifestyle you want.

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    1. P.O.P : We feel as though, anyone with a desire can become successful. Does this guarantee loads of money? No. College degrees can provide many opportunities for students/graduates to MAKE more money But can that measure how successful a person is/becoming? You don’t have to have a college degree to make a lot of money nor does that determine whether you will be flipping burgers all your life. I feel as the higher you are in your degrees the less you will make and if you don’t go to college you will make more depending on the job. Everyone is not college material.

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  2. College is a valuable tool. Like most people, I would enjoy, as well as use, a college education. However, how valuable is college? We think college is the best thing we can have, in the form of education, but that great thing, like many other great things, comes with a price. That price is different for everyone.
    To begin, the price can range anywhere from $20,000-$30,000 to over $100,000, depending on what you’re striving for and where you’re going. Many people can’t afford that. Some of those people can get grants and scholarships, but the rest either don’t think about it or don’t want to fool with it.
    For the people who can’t get a grant, there is the option of getting a loan. Unfortunately though, a loan will eventually have to be paid back. As a result, you can be stuck with substantial debt after you leave college. This debt will be stuck with you, even if you don’t finish college. In fact, it can take over 20 years to pay back a loan if you don’t have a well-paying career to keep you afloat.
    The fact is, if you don’t make much money after college, then you’re stuck with a rather big problem hovering over your head, like a UFO. Also, you can’t just pay back the amount you borrowed, but you have to pay internet as well. That interest can pile up and cause your loan to cost way more than what you get out of it. Your best bet would be to know your potential and how successful you can be in your field. You also need to know just how well you can do in a college setting with the kind of work you will have to accomplish. Otherwise, you’re going in blind with no way to know what will happen when you get out of college. However, knowing that can help you make the necessary decisions to get a proper education and keep away from having too much debt that can hang over you for much of your life.
    In conclusion, is college as valuable as we think, or is it just a blown up opportunity that we are told about during our high school year? College is expensive, difficult, and time consuming. But college is also a helpful step in accomplishing certain careers. I guess all I’m saying is that if you have the incentive and the ability, then you won’t have to worry about what happens after college as much since you’ll be able to accomplish it due to your drive. However, if you don’t feel that drive, then you will probably struggle and be one of those people who can’t stay on their feet because of their college debt. College is great, but so is a lifetime of financial security, if you can accomplish it without college.

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  3. College something many high school students think about going too. But not everyone have the money in order to go to college. Even though there are many opportunities out there to go to college, it’s still difficult for many students. Many students end up going into debt. But is that worth it ? In my opinion I is.
    While going to college many students stress about how they are going to pay off their debts, and if studying for the career they want worth it. Ten out of nine times it is. Because with a college degree you can get far in life. You will also be able to live the live the life that you’ve always wanted.
    Most of the time the college degree you’ll end up getting can help you pay off your debt. For example if your studying to be a doctor. You’ll end up earning double the money you’ll have in debt. You can end up making up to 100,000 dollars. So in that case a college degree would be worth it. But not for many people.
    There will also be students who career wouldn’t really be worth it. But a college degree will always be a good thing. There’s also other investment that students can also do. Or they can also get scholarships.
    So after being in a college debt it will all be worth it. Because you’ll have more opportunities in life with a college degree. You’ll eventually have enough money to pay off the incurring significant debt.

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  4. Most high school students are looking to go to college once they get their high school diploma. Not to many of them think about why they want to go to college. Would it be only for the money? Or could it be to do something you love no matter the amount of income.
    College could cost a lot of money. Depending on the person student loans will become a big problem in most college grads life. But it really wouldn’t matter if you go to college and get a degree, you will be able to eventually pay those debts off. With college Degree you could make up to $120,000 dollars a year. This could most definitely pay for those student debts, but for those who want to live a certain lifestyle, the money wouldn’t be as important.
    Yes there are those people who say being happy is important, more important than money, but happiness does not pay bills. Anyway, you can find a degree or profession you want to be in , make good money and be happy all at the same time, it just about persistence, and commitment. Without a degree your average salary would be about less than $30,000 dollars a year. This isn’t nearly as much as college grads. People with degrees get much better jobs, and are looked at more often than regular individuals.
    Happiness is a factor in choosing whether college is for you, but don’t let that get in the way of making as much money as you desire. You can go to college and still go into a field that you love.

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  5. Is college degree worth incurring significant debt?
    College is it worth the time? Most college students look forward for a career but it doesn’t just stop there, some college students don’t have the money to continue studying in college. So that’s when debt comes in handy. What I mean by handy is that when college students get their degree and their job, they get paid more. So in that case, they are able to pay back their debt back to whoever they owe it to.
    As for me college is not for me, my reasons why I believe college is not for me is because if I want to study to become a RN so I really need to go to college? NO! Don’t that’s why there are community colleges. And it is less money to get into what classes I want to take. As for college the cost of it has like don so high up now it take up to 100,000.00 just to get a decently university. That is one of my reasons why it is that I have no money to pay for it all. Yes there are financial aids that can help me get the college classes I want to have to get my degree on. In college will I have to take that one course of RN no I have to take other classes on history math sic nice and so on… I don’t want to pay for those classes if I am not going to use that in my career job. I believe that I won’t ever use some of the classes on my job.
    College is not for ever one but I believe that to go to college you will need to have a reason to go study in college, if not why go to college. If you don’t have a reason to go to college your wasting time and money for noting, with no idea what to do with your life. My opinion on this is that if you really need to go to colleges then go but if you don’t I believe you should think about you options.

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  6. The question is should you choose your career path based on future income or on other factors? The way I feel is that yes you should on your career because what you going to states on how you’re going to live and the type of life style you are going to have.
    College is worth the debt if you know you’re going to do absolute best and if you’re actually going to actually follow through it. If being in debt is going to take you somewhere in life. Then go for it. They say from the article choosing a career, Deena says that even though debt is there when you go to college doesn’t mean that it’s not worth it. She says it all pays off in the end.
    Next, you got to know what you want to do and what state of field you want to go in. Look at the back ground of each job field you want to go in and decide for yourself if it is worth the debt that you will be putting yourself into. This refers to the article in the book called choosing a career that Stephanie says that she’s not sure what she wants to do these are the ones that should defiantly give them self-time to fully think about. The debt you are going to put yourself through you want it to be worth the debt in the end.

    Then, you have the fact about how much college benefits you in the end. Why just look at going to college just because of the money. Think about how educated you will be by the time you get out of college, expand your mine and make use of that beautiful brain. Everything depends on the job field you’re going to go in like they say in article “what makes you satisfying “ says that people who are in the medical field are happy and satisfied that they went to college and got this degree . The author also says that fire fighters are the most satisfied because of all the benefits they have out of it. College benefits you in your mind, family , job searches, engages you as a better parent and for your little ones . Plus getting a job helps with health insurance, and other benefits through their work.

    Money is key. Nothing is free in this world of ours. The author says in the article Money isn’t everything says that nothing is more satisfying then a pile of money. Money can buy expenses and non- expenses, but you have to be satisfied with what you are doing in everyday life. Or what’s there to live for? Right? Yes it does suck at the fact that school does coast money and that you do have to pay to achieve your mind and expand yourself. But it is worth it if you choose something that you love and if it does make good money.

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  7. Do you want to make the most of your life? The answer is of course! That’s why you go to college and get an education. Yes your education will add up in debt but a good paying job with good job security is worth all the debt.
    “College graduates are more likely to find job opportunities and be employed. They are also less likely to lose their jobs in a recession.” Sounds like college is the smartest move to me. The advice column also states that “life time earnings for a college grad are substantially higher than the earnings of someone without a college degree.” And to prove this statement in the chart titles “median annual earnings by age and educational attainment” It shows that someone who is a high school graduate with their high school diploma from age twenty-five to twenty-nine makes roughly 30,000 a year. Versus some with a professional degree from age twenty-five to twenty-nine makes 60,000 a year. Yes as you grow older you will gradually make more income but for starters 60,000 is substantially better than 30,000.
    With all this being said just remember that money isn’t always everything. You should choose a job, career, or profession by what interests you. If you’re making 60,000 a year, yeah sure that’s a lot of money, but what if you were making it doing something that made you miserable? If your job is miserable than you become a miserable person.
    To conclude my scattered essay, yes college is worth the incurring debt. Your future depends on it. Not only just your future, how do you plan on supporting your future family? Think about it.

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  8. In this story, a lot of people ask if going to college is worth all the debt. Yes with college students will leave with a lot of debt but loans and debts are simply easier to pay off after college. With going to college people make more money than people without college degrees.
    Students going straight into the workforce can make money but struggle. With combined percentages, the amount of successful persons who had some college or a four year degree is 76%. Without college or not evening finishing high school is 26%. Some people get lucky to where they don’t have to go to college to be successful. On average, people who get college degrees make twice as much. College does pay off in the end.
    On the other hand, not going to college can work but it’s a lot harder. There are such people who are self-made such as Bill Gates or Steve Jobs but that’s such a slim chance. There is a 26% chance that you will get a job without a high school or college degree. The only real option you have is labor jobs unless you have a business that will hire.

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  9. A college degree worth incurring significant debt to me it is it, because by getting a degree one can find a job really fast. In this world people with degree can barely find jobs let alone people with no degree. So if you don’t get a degree then you’re probably eighty – five percent sure if you don’t have one then you’re not going to get a job in this day in time. Even cashier or restaurant requires you to be in school or at least a high school degree or G.E.D.
    If you ever encounter significant debt, then it’s worth it. You can make the money that you make back. If you find the right amount of job then you should be set for life. Is a college degree worth incurring significant debt? Yes because it’s going help you in the future, you have to fall before you rise.

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  10. Going to college might not be worth all the stress and all the dept. If you want to make a lot of money and not enjoy life go ahead, your kids and grandkids would love to spend your money when you’re dead. That isn’t a bad plan; making enough money to make sure your family can live well long after you pass. The only down side to this is you probably will work really hard and break your back your whole life just to die and give up your money. If you are not rich and you go to college you will probably need student loans, depending on how long you go to college loans can cost a lot, right when you graduate from college you will have to pay them back. So right when you “start your life” you will already be in debt before you even start your career. You could live 20 years after you graduate and still not pay off your student loans, college sound great doesn’t it? On top of that 70% of people that go to college don’t even get a career in their field of study. After going to college for however long and all the money you spend you might not even be able to pursue the career you want. You might be able to make more money every year than a person who didn’t but you will have debts bearing down on you till you pay them off.
    The only reason I could see college being worth going to is all the wild parties after exams, football games, and whenever there’s a rave. Getting drunk out of your mind, experimenting with drugs, and just having the time of your life. Plus all the college babes you can hit on.
    If you don’t go to college it will be more difficult to make bands upon bands, but you will have a better chance of living a happier life. You might not make as much money or go to all the parties but in the long run you will be happier when you die. People who don’t go to college live longer in my opinion because all the stress of exams and finals really puts your heart through a lot.
    #RNS

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  11. Many people wonder if college is truly worth all the money and dept. I’m controversial myself, but after reading different sources I believe that it is worth it. Granted the large dept. that most people experience through student loans, college does better you with your opportunities, future and dealing with your responsibilities.
    When you attend college your opportunities broaden. A “college graduate is more likely to find a job and be employed.”(source4, pg.13) Employers are more likely to hire you for a job because you attended college, and have a degree.
    College not only helps you with your job but your long-term career possibilities. Looking into your future having a college degree will better you not just with a job but with your sense of self; college grads “participate in more educational activities in the family, so their children arrive at school better and more prepared than those who don’t.” (source4, pg.13) Ultimately college grads become more engaged citizens and parents.
    When you sign up for choice of study you make a commitment to complete your quest for learning. As a college student you become more self-disciplined and resourceful. Course-work has new meaning as well as importance because you’re paying for it. College is a lifetime investment that can take a life time to repay.

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  12. Is a college degree worth all the debt? Up to 120K in debt? It all depends upon what your career plans are. If you plan on being an auto technician you don’t have to go straight to college if you have a background in the industry. But on the other hand if you are a nurse you need a college degree before you even touch an actual patient. So in tern it could be worth all the debt if you can get a job in the area you are studying.
    The first thing everybody thinks of when people say they don’t want to go to college is hello minimum wage. Which at 7.92$ an hour is a hard living to make. But it’s not always true that you start out at minimum wage. For example most small business start out paying at least 8$ an hour. But there are jobs such as electricians that pay an average of 48,250$ per year which is dependent on a college education and a internship with a licensed master electrician.

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  13. Is having a big debt worth going to college and is going to college better for your future income and career. Well my point of view on this subject is yes it is worth it. Getting a college degree is worth some or a lot of money the reason why well because it can better your future. A degree in any field of study can only better ones opportunities in applying for a job. And yes it matters on what career you pick to study. Yet in the long run there are downside to having studied for a college degree. But lets look at the facts, how many people ask this question “how much income can I expect to earn with my degree?” well from my source, the U.S. census bureau. The people with a master’s degree earn around 50,000 and that might not seem like much but for student of 25-29 that is a pretty big pay day check.
    Now we move on to the opposing side. Yes college is expensive yes college loans are hard to pay off but how far can you get with a high school diploma. Will a high school diploma you average income is 16% that’s not much when comparing to someone with a bachelors degree which is roughly 36% it is better but that number can change and yes money is not ever thing but I should would like to have a roof over my head or at least move out of my parents house. But what I am really try to say is that pick the career you want and stay with it do what you love don’t make it job but something you enjoy doing, sometime doing what you love is a good way to make money and if you want to go further well there were college come in to play.

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  14. 12 years of school gone down the drain? Stuck in a dead end job, no steady income? These are all reasons why I feel like college is worth the incurring debt. For starters, if you think about it college gives you a broad field to find exactly what you want to do and what you would enjoy doing to make a life’s living. Say for instance, I wanted to receive my doctrine degree in physical therapy, in 2012 alone I could’ve made on average $80,000, and with me being in the top 10, I could’ve possibly made up to $112,020 by the end of 2012. Although college debts reach up to 50,000 to 100,000 dollars I could pay it in payments which would be nothing if I continued on the same scale yearly.
    Also, having a degree will be giving you a better shot at jobs in the real world. Especially if you come into a job interview and you looking for a job with an doctrine degree or even a bachelors you will have the upper hand on any regular competition that comes in with a regular high school diploma so yes college is worth incurring the debt.

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  15. College is one of the more pricey things in life, but if you make it through, it’ll be worth it in the long run. Plenty of scholarships are available to reduce the price and help you out. Studies show that with a Bachelor’s or higher degree you are expected to make more than half of what someone without a college degree would make. Yes, paying off your debt may take a few years and will take hard work but when it’s all paid off and you’re bringing home about or over $100,000 a year, you’ll never look back and regret your decision to do something with your life, to be successful.
    On the other hand, some people do not go to college and still end up successful but it still sounds better if you have your college degree. If you have no motivation for college then there would be no point to invest all your money to end up making same amount as someone who has no college degree. If you can’t afford to send yourself through college, you can always work and go back to college once you get the money.

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  16. Is a college degree worth incurring significant debt? The answer is different for everyone. It is worth it, but only if you plan on going forth with your goals of completing college and getting your degree. However if you plan on giving up, then this can become a serious problem as you will still remain in debt, and at the same time not get anything out of it.
    You need to go to college in order to obtain a certain degree. Employers want skilled people that they can count on. According to the Median Annual Earnings by Age and Education Attainment, along with Financial Advice Money-Pro, college graduates with the better degree will usually get higher paying jobs than people that don’t attend college. With the higher pay, you will eventually be able to get rid of that debt and earn more money in the end. There are a vast quantity of jobs that require you to first go to college, such as a doctor (average income $400,000) or a lawyer (starting income around $80,000). If you don’t go to college, then your choices of jobs will be limited.
    What you want to do for the rest of your life, may require a college degree. If that’s true, then it is worth the debt if what you plan on doing is something you really want to do. On the opposite side, saying that you don’t need to go to college because what you want to do as a job doesn’t require college, is perfectly fine as there are several jobs that don’t require college. Following a straight road, and knowing what your purpose is will help you decide if college is worth it. Without college, you could possibly become a police officer (income $56,000), electrician (income $52,000), or carpenter (income $39,000). But if what you desire requires college, then college is definitely worth it.

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  17. The benefits of going to college versus going straight to the workforce are quite polarizing. However, in my honest opinion, college is probably the better choice. Although college is indeed, quite expensive, the amount of money you can earn by having a high paying job that required a degree is well worth it. Avoiding fraudulent student loans will also ensure your debt is not as overwhelming after college graduation.
    With a college degree, more career fields are open to you like well-paying medical jobs. I do of course acknowledge that places like “CTAE” offer excellent training programs for jobs such as plumbing and welding, and those are good paying careers. But with a degree, you can go for a more advanced career if you want, such as management. Some would argue that some degrees like Liberal Arts are next to useless. But some jobs, like Real Estate and business, require that type of degree.
    With the issue of money in mind, it is shown that despite tuition being as high as it is, the money in a job requiring an advanced degree will thin the gap between money lost and money earned. There is of course, the risk of higher debt through student loans, but a good precaution is avoiding untrustworthy loan agents, or maybe trying for a scholarship.
    But of course, whether someone goes to college or goes to the workforce, it is totally subjective to their career choice. What’s most important is choosing a career you care about, and that is in demand.

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  18. After the many years of you being in school I’m pretty sure that you wouldn’t want all of the time and hard work to have been for nothing. Any sane person would say the same thing. I believe that taking out a student loan when its “necessary” is a great thing to do because it shows that you understand what needs to be done to become successful in life
    I think that student loans are great if you’re going to take the time to pay them back and not goof around. A lot of people think they can just get a student loan, mess around, and blow off college then they forget all of that money needs to be paid back. I commend those that actually want to make something of them-selves when taking out a loan. And I am sorrowful for those whom can’t obtain a loan.
    I understand that some people may be against loans because you may spend years trying to pay it all back unless you get a damn good job that pays very well. Some may even feel like people need to work themselves to pay for their own college tuition. But you should also realize that some people don’t have the time it takes to get a job and go to college.
    Now I understand both sides to the whole “is a student loan worth paying for the rest of your life” debate. But you never know that with the student loan you just took out you will get the education you need to become a president of a top notch company or one of the best lawyers or doctor is this country. And if you fool around after taking a student loan and flunk out of college, you’re going to wish you hadn’t played around and now you have to spend all those years working your ass off for money that you can’t even spend how you want .

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  19. Today going to college is great if getting higher income and better profession is want you want. While going to college, you may need money to pay a debt or loan. The more advance the college is, then it would cost even more to pay off. For most, it is only twenty to thirty thousand, and usually it won’t take long to pay off if successful. The reason why going to get a better education is good shows that drop outs or people with only a high school diploma tend to make a lot less. A person with a bachelor degree could make up to 60,000 and someone with a high school diploma only makes 30,000 to 35,000 a year. Studies show in today’s society 30,000 is not enough. Knowing accomplishment of a goal and being motivated will achieve happiness and have a well better attitude in life.
    Some might say that college is hard and just want a job quickly. Also paying off loans is frustrating and long. Getting a better education can’t always be guaranteed a better job. Being more experience in what field you’re in can give you better opportunities. Not only that, but even though you can make more money going to college, it takes years before you start to see a growth in income. Going into to college is bad because of debt, and also not being guaranteed a job that you work hard for.. Probably if you’re over experience somebody won’t hire you to take a higher position, or the boss position.

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  20. IS A COLLEGE DEGREE WORTH INCURRING SIGNIFICANT DEBT?

    We can see a loan as a good thing and/or bad thing, but it depends on the case. Compared to the research in the book, students with college degrees have more opportunity then a student with a high school degree. A college student is more knowledgeable than a high school student. When loans are not worth it, it is because the student’s motivation or confidence is not in high rate. If these two things are in low rate most of the cases are drop outs, so the loans turn in to a debt that can last forever until you pay off the debt. So…in other words don’t be a lazy and do your work or let the debt eat you like the great white shark.

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  21. Going to college for a degree of your choice is a really great decision in my opinion. Is it worth incurring significant debt though? There are many arguments on this question or theory because of things like data analysis or personal experiences. I believe that you should do much research before enrolling into college for your career choice. I think that it’s a smart thing to do so that you know what you’re investing in before you invest your money. Having a good plan before going into a college is setting you up for a better education. For example, some bachelor’s degrees make less annual earning than a person without a college degree as a commercial pilot. Therefore, I would always suggest to thoroughly think through your future plans for education because if your student loans are more than your annual earnings.
    I feel it’s not worth the effort or debt. In my opinion I feel you should make wise decisions when it comes to college because it could be what you will do for a very long period of time in your life and no one wants to waste their time or money. As said earlier, someone with a bachelor’s degree makes around $60,000 annually compared to someone without any degree at all as a commercial pilot which makes around $67,000 annually. Many people that have a bachelor’s degree or under seem to make around or even less than someone that has no degree that’s working either one of the ten best jobs you can get without a college degree. So why go to college if you’re just going to waste your precious time and money?
    In conclusion, there are many things you should think about before enrolling into college. I believe that college is a great thing when you have a plan and know what you want to get out of it. Going to college is a very big decision and I think that its only for some people, not all. Like it states in “Dear Skeptical” in the financial advice column, “I know that college is expensive and time consuming, but, if you think you can graduate, the investment of time and money is likely (but not guaranteed) to be worthwhile.”

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  22. What is the importance of college values? How can it help you? College is a huge advance opportunity that you take in life. It is also one of the activities in life that many people will not be willing to take part in. Education is not redeemable, so with that said you know that it’s basically a once in a life time event Time does not waits on no one. Twenty percent of students who graduates from high school goes right into college. Statistics proves that when you don’t use it you lose it. Alright now that you know that, listen to this juicy information. Statistics shows that people who works before attending college, usually never ends up enrolling. Or struggling in class, and ends up taking remedial courses. Most of these results are all because of lack of support. The main reasons why people do not like to attend college is because it is portrayed as a waste of time because of other people’s action. Many individuals attend college. But how many stay? And how many graduated? That’s the problem, the success percentage is not very high. Therefore people think it’s a waste of money and time, but how can we blame them? Forty percent of students who attend college does not receive a degree, according to http://www.slate.com/articles/life/counter_narrative/2013/10/college_dropout_rates_failure_to_complete_a_degree_can_mean_that_the_system.html this source. Another excuse people use is that they don’t have the funds to attend college. Financial aid is out there that the government offers to a person who qualifies for it. Many people in college who cannot obtain a scholarship use financial aid. https://studentaid.ed.gov/ that’s where you can apply for financial aid. So in conclusion college is always the better choice because of statistics. It proves that your pay check is usually better than it would be if you have obtained just your high school diploma or anything equivalent. H ere is a site where you can see the results of what just attended college did for people just like you. http://www.mycollegesuccessstory.com/success-stories/ So thank you for your time and this is my side of the situation.

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  23. Is college worth it
    College is the big debate between everyone and is it worth it or not. To me, I do not think that the life long time of debt or loans that you have to pay back after you get out of college. It far too easy for you to get a loan but that also means you will most likely never be able to pay it back. You don’t have to go to college to get a good job,for example like a commercial pilot, or manufacturing sales rep both make good money and they don’t need college degree. The salary for a sales rep is 50k or plus and for a commercial pilot salary is 67k or more.
    But the good thing about college is if you are out of school and looking for a job you will have an easier time get one if you have to compete against someone. You can stand to make more money a year if you have a college degree. The average money a year for a masters is 60k. But if you have a professional degree you can make 120k as you progress in your job. In conclusion I feel that college isn’t worth it . But u also send to make more money in the long run. Also you have the loans to payback. But even if you don’t go to college u can stell make a good living . And not have a life time full of debt to pay back to the government.

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  24. Imagine a college student going through their mail and seeing another bill they owe for the loan they pulled out just to get their college degree.Now they have to figure out which bill can wait so they can pay at least part of the loan. Is a college degree worth the significant debt? No a college degree is not worth the significant debt because some people do not make enough money to pay the payments for the loan, some people who get a degree do not have a promised job, and if the person does not make payments on time it puts them into credit debt.
    First reason that a college degree is not worth the significant debt is because some people don’t make enough money. Most people in college work at low paying jobs such as McDonald’s or Winn-Dixie making only $8.05 and hour due to only being able to work part-time. With a low paying job making $400 to $800 payments once or twice a month becomes hard. Not every person is capable of having a nice job at a car dealership selling cars or being a manager of a popular company when trying to go to college.
    The next reason a college degree is not worth significant debt is because a person can get their degree and not have a job afterwards. With out a promised job a person gets their degree they will struggle with not only looking for a job but now they have to struggle looking for a way to back the loan and other financial needs. Loans alone can be $400 to $800 and housing on a college can be $1000 or more. Most employers wont hire a person fresh out of college they want someone more experienced in their line of work.
    The last reason a college degree is not worth significant debt is because if a person does not make a payment on time it messes with their credit. Credit is used for a lot of different occasions, such as renting a house, buying a car, even to get a telephone plan. Once a persons credit drops it is hard to get it back up for a person to be able to reach or get the major priorities they need.
    In conclusion a college degree is not worth the significant debt, due to the facts not everyone has a great paying job, there is not a promised job at the end of it all, and the most important it can mess with a persons credit. For a college degree you need money and not everyone has that to let go for a debt.

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  25. Twelve long years are finally over! Now there’s one hard decision, being a McDonalds busboy or a wealthy businessman and a college degree makes a heavy impact on which end of the stick your future holds. However, it depends on the kind of degree you aim for. More expensive it is, the higher your earnings are. Keep that in mind.
    College is definitely not cheap. College tuition rates keep going up .It can cost you the minimum of $25,000 but can also exceed the amount of $120,000, according to U.S. Census Bureau. It’s affordable to some but a struggle for most. Student loans help out with college tuition but with that there lies a catch. You have to pay it all back! That could eventually land you in dept. for years. There’s also financial aid, but NOT everyone gets approved. The expenses for college are truly outrageous, but education is priceless.
    There are thousands of jobs available to the people of age. Restaurant Staff, Co-workers at Rally’s, and CEO’s of a phone company. They all have one thing in common, the type of degree you have. You need a degree for any high-end job. High School students shoot straight for a fast food job when they graduate, and they’re not even doing something they love! College shapes your future and you as a person. Would you rather go to college graduate and get up in the morning doing what you love for 50 years or would you rather throw away your education, and drag yourself to a job you hate? Be wise. The choice is ultimately yours.

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  26. Do I want to be in debt? No! Who does? Think about how much a loan and payment you can get behind that will affect your future. There’s over 200,000 Americans behind on a student school loan that may take 10 to 30 years to pay off. Even though a college degree have the potential to open up more job opportunities it’s also much more to come with it. Being in debt, having money took out your pay check every payday. That’s not something every American want, who wants to pay back a loan when they get paid? Think of all that money you’re paying back, that could be saved and spent on something more valuable.
    My first reason why I believe education isn’t worth the debt is because; there are a lot of successful jobs that make a lot of money which doesn’t need college degree. Let’s use a construction and building inspector for an example their yearly pay is $52,360 that’s a lot for someone whose just came out of high school. It is a proven fact that you don’t have to attend college to become successful person.
    My second reason why I disagree with college debt is because the pay method on paying the loans back. Student loans could be more the $100,000 and they give 8 to 10 years to back there loan. Which I think is NO! time to back $30,000 to $100,000 dollars. I disagree with collage debt 100 percent.

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  27. Do I want to be in debt? Heck no. College is one of the top 50 causes in this American debt crisis. According to forbes.com two thirds of the students graduating from a college in America today with debt. That means that 69.8% of the students who graduate high school, and have plans to go to college have no financial. By the time the students graduate college 66.6% of the students are still now in debt from college. McDonald’s is always hiring.
    As well as Burger King. The only thing that is wrong with that is that the average pay at burger king for a regular employee is $7.00-$10.00 dollars per hour. The debt is rising.
    Average student loan debt climbed to $29,400 for borrowers in the class of 2012, up from $23,450 for 2008 graduates and $18,750 for 2004 graduates, annual reports from The Institute for College Access & Success show. Seventy-one percent of 2012 graduates took out loans. So there is a substantial amount of students in deb for student loans. That means that working at burger king and McDonalds are the jobs you’re looking at.
    The reason I say that is because who is to say that after you finish law school you’re going to become a lawyer? Who is to say that after Med school you become a doctor? So then there is that job that you’ve been working since you got into college? Those sure won’t pay off $100,000 in student loans.
    A lot of students are being told that they can get thousands and thousands of dollars in student loans but what’s the catch. They have to pay every brown penny back. Most student don’t have that much money sitting around waiting to pay it back. With all of that being said I feel like college isn’t worth the debt or stress. There are many jobs where you can make a nice amount of money to support you or help you save up to get to college.

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  28. *BANG* Cups fall and shatter on the ground. You’re too humiliated to even go back out in the dining room to clean up the mess. Being a server or busboy at a diner is not a job that one would choose to work at for the rest of their life. Instead, they could be out doing something successful with a college degree. People in today’s world spend endless amounts of hours at work during life, so why not do something that you enjoy and can’t wait to go to.
    Everyone in the world wants money. People do not realize that they had the same opportunity as the person sitting next to them. “An average person spends nearly 90,000 hours at work.” Instead of working at a low-paying job such as a fast-food place, or a small diner, why not go to college and get a degree in something you know you’ll enjoy. College may not be the cheapest, but at least later on you will have something to show for the time and money you put into it. Loans are offered to the people who qualify for them, so there is help to go to college. A chart shows that at the ages of 25-29, a college degree person would earn nearly over $30,000 more than an undergraduate would. To be successful you need to be able to gratify the world with your experience and well-known knowledge, and be able to help whatever business it is, raise money.
    As far as a job goes; you can’t really have a good paying job now-a-days if you don’t have a college degree of some sort. There are minimum wage jobs for those who either choose not to go to college, or for whatever reason can’t attend college. If you have a professional degree you could be entitled to anywhere from $60,000- $100,000. Everyone in this world wants money for families, new cars, food, clothes and etc. Without a good paying job you will be headed down a road that will eventually get bumpy at the end. We all will end up in debt somehow, whether it is something so miniscule, or something major such as college
    College is well worth the debt in the future. It will get you farther in life and it will guarantee you a well-paying job for a decent amount of time as well as it will make you be noticed at jobs more than a high school educate person would.

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  29. I feel as though college is worth the debt but at the same time it depends on how much debt. If your going into college to get a degree because you already know what you want to do then yes, it is a get idea. You will have the potential to pay off your debt without it growing that much interest.If you go into college and don’t have an idea about what you want to do, and haven’t made plans on how to pay off your debt, then it is a terrible idea. Your debt will just keep growing after college if you don’t have an idea about work after. I personally am going into the Navy for college. They pay for your schooling and also pay you $900 on top of that so that you can focus on your studies. Being in the armed forces will also make you disciplined and more likely to finish your schooling.

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  30. if you want a quality education than it is worth paying the loans later. However, if you go to college for a low income job, I don’t believe it’s still worth it because the huge debt will drown you.

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  31. I believe that college is worth the debt if you have a plan. If you do not know what your plans for the future are then it’s most likely best that you do not go to college. A degree is helpful if you have an idea in mind and are sure you want to pursue that for a career, but if you are not certain then college may not be the best course for you. Just having a degree may help you earn more than a high school graduate, but it also may not, and leave you in deep debt with no extra income to help pay it off. If you can’t pay off your debt then it will just keep growing and growing. Also, you may want to look into the average salary of your chosen profession, as not all jobs that require a degree pay enough to pay off a college debt.

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  32. Secondary education is important and in my opinion what should be what high schools and college fairs should be encouraging, as opposed to solely college. College is a wonderful resource to those who are confident in their future field and will graduate from the program successfully. However, it is not for everyone – and it is blind to say it is. Higher education in America comes with higher prices, but sticking with the bare minimum (high school diploma) will reap you equal results. Imagine a scale – education on one side and your future salary on the other. The more education you receive, the higher the salary raises. This investment in your potential will pay off later in life. After all, that’s what college (and all secondary education) is – an opportunity to better yourself, and therefore increase your value (to employers). Also, most H.S. graduates that go straight into the workforce end up attending college later in life. You ultimately get two choices, one of which is to pay now (for college/secondary education), at the beginning of your adulthood, and reap the benefits in four years (or less, for some), or to spin the magic wheel at a chance in the workforce, hoping you like your outcome. The choice is yours,

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      1. We also agree that college fairs should encourage more people to go to college, especially if they still haven’t decided on what to do in the future.-TLD$

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  33. Whether or not college is worth the debt is all a matter of what you want to do with your life, where you want to go, and what you want your career to be. Many high school students have a part time job paying minimum wage to have a little extra spending money and to get some work experience while they are in school but its usually not what they want to do forever. Many people, including myself, have a “dream job” that they want but that require some sort of college education/degree. Many people are saying that debt is about what amount of money you are going to be making when you get out and I agree with that. There are also people who say that it makes a person more attractive on a resume/application if they have a college degree rather than someone who only has a high school diploma. I do agree that the more education you have the more appealing you are to an employer, which in return makes the debt worth it.

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  34. secondary education after highschool is important to making a bigger salary, if you can learn a trade to offer people then you can charge them. the more you learn the more you earn. but some degrees pay for themselves and some dont so is it still worth it to get a degree and end up with a ton of student debt. if your passionate about the subject then go ahead and take the course. but if you want to take the most advantage of college take harder courses because those are the ones that pay off. so obivously having a higher education can be beneficial to salary but its not a ticket to success. there is more to college than what is being measured. what needs to happen is the graduation requirements and curriculum need to be redesigned to prepare students for the real world and how to be successful in life. not just hand them a piece of paper for passing the course

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  35. Is college worth it? No, Is it worth more time that you have already given up, also is it worth the stress.If so then you can plan to be stressed for the next 30-40 years. Because you can be plan to pay back 30 to 100 thousand for just a simple 4 years of college. what skills can you learn from college that you cant learn from youtube or internet. the only professions that we believe that need a college degree are those dealing with ones well being.

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  36. College is worth the debt, only if you have to attend for your career choice. If you are going to be a doctor or a job that requires a college degree, it would definitely be a good idea to pay for college. At the end of the road that hard work will pay off, you’ll be able to pay that debt, since you’ll be working and earning enough money to pay for that debt. But if you’re career choice doesnt require a college degree then there’s no point in putting yourself through the crazy amounts of stress and debt.

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  37. college is important and it is definitely worth going through it and getting the highest education you can receive.the higher the education you have the more in life you will be paid but also if you go and don’t make much more then it really want worth it you should look up what you should take and how to get the highest degree of education but also what you can do to make more than just average. college is also important and worth it if you are going for a cause without a cause it is more likely to get lost in what you are doing and why you are even there in the first place. the debt may be big in the end but the amount you get paid each year will be bigger college is important and is worth the debt if you know what you’re doing. for example if you were to go to college for culinary and you graduate at average you could make 24,770$ a year but if you graduated at your highest you could make 46,600$ a year. there is a huge pay difference and if you didnt go to college you could make even less than average. college is worth the debt.

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  38. Not everyone is made to go to college, some people wish to pursue careers that don’t require a college education. Sure, it can increase your knowledge on certain subjects, but it can put you into a life-long debt, without any chance of you paying it off. Depending on the job you want, there is a chance that the job you get will pay you enough in order for you to pay off the debt that you piled up during college. Most people don’t get so lucky. Even if you graduate college with a degree in your desired field, there’s no guarantee that you will get a job in that field. College is only worth it if you know for a fact that eventually you will be able to pay off the debt. If not, then maybe reconsider how many years you attend college. Community colleges are a safe alternative, and most offer similar (if not the same) classes that high-priced private colleges offer. Generally, though, college isn’t worth the huge debt for the average student. Especially since people have a hard time making a living without debt from a college education.

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  39. We don’t think college is worth the debt. You shouldn’t have to take unnecessary classes while majoring in what you want to do with your life. It’s just another way for the colleges to get money in my eyes. But in a way if you do choose to go to college you need to know your limit. You need to know what you can afford and what you can’t , don’t put yourself in debt. Don’t be stupid with the rest of your financial life.

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  40. I would honestly reccomend going to college because if you’re trying to have a decent income and want some spending money. Trying to make a living without a college diploma or degree is a big struggle because trying to pay for your bills, insurance, and extra spending money. I think college is a good idea because you have more knowledge about your field and carreer.

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  41. College can be worth it if you invest in money and time. In you don’t invest in yourself and your time it would be time consuming and not worth it. Investment into programs is very important, as this is where you spend money to perpetually make money, however its not that simple, you have to pay attention to the world at a global level,and not invest in a career in dying industries, for example manufacturing Victorian dress wear. Just as important as choosing a thriving industry, is dedicating yourself and finishing out the path you have hopefully carefully planned out for yourself, quitting half way is a big waste of time and money, and not everybody is like Bill Gates when it comes to dropping out, he is a rare exception, but fact is, money invested into a course you are going to quit, is just simply money lost. However if funds are carefully managed and time and effort firmly directed at completing your goals, college can indeed be a very fruitful and worthwhile endeavor financially and even personally.

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  42. College isn’t really worth it because all your going to be doing is paying them thousands of dollars for nothing. Worthless books and classes that you won’t ever need for what you want to do in life. I mean if your going to be a doctor it would be more worth it than going to college just to go.

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  43. I personally think that college is worth it . i feel that way because , if you know what you want to do in your life then its worth it . If you know you want to go to college to become a Doctor , Lawyer , Dentist , Etc .. then i feel like all debt you have to pay will be worth it . If you don’t think that the debt is worth it , then i personally don’t think you want to go to college . yes it may pay a lot but , all the time your going to take to try to succeed at this one perfession , and there’s a slight chance that you WILL NOT succeed , the time that you take is worth the debt that you have to pay . Everyone has there own opinion and how I feel is , if you go to college you must be somewhat able to pay that debt .

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  44. i think that going to college is worth it,if you know what you are going to school. but if you don,t know what you’re going for you shouldn,t go..

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  45. To me college is worth the debt because my profession has a high enough salary to support high payments and i will still be able to be pretty well off. College is only for people who know what they want to do and have a plan for after they finish.

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