Higher Education
College students and their immediate families enjoy many of the advantages of higher education. In fact, people from every demographic benefit from earning college degrees since their wages usually increase. College graduates usually earn about three fourths more than those with high school degrees throughout their careers. Workers with college degrees usually live above the poverty level and spend less time unemployed. Because of these benefits, obtaining a college degree is worth the expensive costs. Even though obtaining student loans should be a carefully considered decision, college graduates with debt usually obtain better paying jobs after graduating than they would after acquiring work experience following high school.
Since tax money supports public colleges and universities, members of society want to benefit from this investment of public funds. Not only do educated workers increase productivity, their higher salaries result in the generation of more municipal, state, and federal tax revenue. Likewise, low unemployment rates decrease the need for government assistance programs. Since college education benefits both individuals and society, it's impossible to differentiate the benefits both groups enjoy. To illustrate, when employees are more productive at work, the entire company benefits, and job losses negatively affect individuals and society as a whole.
Besides the economic benefits, many intangible benefits enjoyed by individuals and society can be attributed to higher education. For example, since lower unemployment and higher wages are often attributed to higher education, problems associated with psychological health problems decrease. Likewise, college educated adults often participate in charity work and are less likely to engage in harmful behaviors, such as drug abuse and criminal activity. College educated adults also read to their children more often, which increases cognitive skills and prepares them for formal education. These are just a few of the intangible societal benefits related to higher education.
Featured Higher Education Articles |
Higher Education Categories |
Editor Recommended Resources |
- Center for College Planning - A guide for students planning to attend college. Includes: college and major selection, applying and financing, and a planning calendar.
- Choosing a College - Thomas Sowell's book.
- College Guide - A guide for college-bound high school students and their parents including scholarship and financial aid planning, links to college websites, and SAT and ACT testing.
- Get Ready for College - How to plan for the future and prepare academically and financially for college.
- Tips for Freshmen - Tips about social life, personal finances and scheduling classes.
- University - College - Choosing a career path, advice on finding a school and getting financial aid.
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