College is not worth the investment, although many believe it is.
Bachelor's Degrees are less valuable today than before. Fewer jobs are available for bachelor's degree holders, while a greater number of students are obtaining bachelor's degrees, and for many bachelor's degree holders, there is intense financial pressure to find a job. In economic terms, the supply of bachelor's degrees has risen while the demand for those who obtain them has fallen.
Some of these options include:
College may be the right choice for some, but for many it is not. If one is relatively certain that his or her degree, such as one in medicine or law, will lead into a successful career, college is a great idea (See graph below). However, for many, the high price of a college degree will ultimately cost more than it pays.
Bachelor's Degrees are less valuable today than before. Fewer jobs are available for bachelor's degree holders, while a greater number of students are obtaining bachelor's degrees, and for many bachelor's degree holders, there is intense financial pressure to find a job. In economic terms, the supply of bachelor's degrees has risen while the demand for those who obtain them has fallen.
- From 2005 to 2011, the percentage of the United States population with bachelor's degrees has risen from 22 to 30.44 percent.
- From 2000 to 2011, the percentage of bachelor's degree holders under the age of 25 who are unemployed has risen from 41 to 53.6%.
Some of these options include:
- Community College; It can lead to satisfying careers and is much cheaper than a University
- Become the next Mark Zuckerberg; More humble, but still well-earning careers in programming can be reached by attending programming camps and taking courses.
College may be the right choice for some, but for many it is not. If one is relatively certain that his or her degree, such as one in medicine or law, will lead into a successful career, college is a great idea (See graph below). However, for many, the high price of a college degree will ultimately cost more than it pays.