Summary Report 1, Comparing If College Is Worth The Cost Or Not Worcester State Consumer Economics Essay

681 words - 3 pages

TJ Mulgrew
Consumer Economics
2/8/19
Summary Report 1: Cost and Benefits of College
One of the biggest questions in today’s economy with the rising price to attend college is will going to college be the smart thing to do? There are arguments both ways for this question, but the overwhelming statistics and evidence prove that even with the increase going to college is clearly worth it. In this paper I will attempt to prove, through data and statistics, that the benefits of going to college well outweigh the cost.
One of the biggest reasons if not the only reason to attend college is to get a better job out of college than you would have not attending college. A lot of people want to question, is the pay increase worth all the debt and time college incurs? According to the Pew Research Center after surveying 2,002 people, ages 25-32 with college degrees and without, people with bachelor’s degrees earn on average $17,500 more per year than people with only high school diplomas. On top of that people with bachelor’s degrees make on average $15,500 more than people with a 2year degree/some college. Pew Research Center also conducted a survey with the same people about unemployment rate and poverty rate. 3.8% of people with a bachelor’s degree were unemployed, absolutely miniscule compared to 12.2% of the people unemployed with just a high school diploma. As it pertains to poverty, 5.8% of these people with a college degree live in poverty versus 21.8% of people with only a high school diploma. These statistics are greatly different than 20 or 30 years ago where not going to college and just getting a job straight out of high school made more sense. As these statistics show in today’s economy it is much more vital to attend college than it is to not.
If the statistics about money and unemployment aren’t enough to tell you to go to college than the statistics on satisfaction and happiness in people’s jobs just might. According to the same study by Pew Research Center 86% of people with bachelor’s degrees have a career/career track job opposed...

Other Essays On Summary Report 1, comparing if college is worth the cost or not - Worcester State Consumer Economics - Essay

Research topic on cost accounting - Michigan State University - Essay

4730 words - 19 pages . statement of cash flows d. returns summary (b; Hard)  54. The difference between your sales and your cost of goods sold is known as your _____. a. net profit b. cost of doing business c. owner’s equity d. gross profit or gross margin (d; Hard)  55. _____ is the selling price per unit minus the variable cost per unit. a. Contribution margin per unit b. The breakeven point in units c. Fixed price d. Survival price (a

the talk is talking about what my essay is about if you read it it going to talk about something - America River College - essay

893 words - 4 pages “Killing Us Softly 4,” was produced by no other than Mrs. Jean Kilbourne. With previously successful films such as; “Killing Us Softy’s numbers 1, 2, and 3,” already turning heads, it is no surprise that a follow up film would continue to make noise. Although most of the information in these films may seem to be going over old information in a similar fashion like those before them boring and dull which, is that is definitely not the case here

Is the poem, Beowulf a Christian or Pagan time period? - Albion College: History 258 - Essay

1296 words - 6 pages mother of Grendel, he states, "The fight would have ended straightaway if God had not guarded me" (Beowulf). He also goes into the recognition that God's protection and love must be earned by being true to his values, himself, and others. Another quote from Beowulf that uses Christianity in a paganism culture is when he states, "But the Lord was weaving a victory on his war-loom for the weather Geats" (Beowulf 696-697). The poet of Beowulf here is

Vulnerable Adults - Who or What is it? - College - Essay

2125 words - 9 pages this definition is contentious.’ The definition of a vulnerable adult referred to in “Who Decides” issued by the Lord Chancellors Department is a person: “who is, or may be in need of Community Care Services by reason of mental or other disability, age or illness: and who Is, or may be unable to take care of him or herself, or 2 unable to protect him or herself against significant harm or exploitation” (Law Commission Report 231, 1995) There are

Behavioural Economics and the Effects on Retirement Planning Decision Making - University College Dublin, Behavioural Economics (ECON30270) - Essay

1364 words - 6 pages option is that by allowing employees to freely exit the program whenever they want, it helps create a sense of security and comfort for an employee when deciding whether or not to participate. In conclusion, Thaler and Benartzi successfully used the concepts of behavioural economics to launch the Save More Tomorrow program, which was very successful. By recognizing and understanding how employees often make decisions with regards to their

Is Genesis 1-11: Myth Or History?

1226 words - 5 pages Genesis 1-11: Myth or History?"Genesis 1 - 11 is either myth or history. That section of Scripture is not, and cannot be, a third thing: mythical history, or historical myth." In his article Genesis 1-11: Myth or History? Engelsma presents us with the question about the historicity of Genesis 1 - 11. Engelsma tries to defend Genesis 1 - 11 on the assumption that if Genesis 1 - 11, "the foundation of the doctrine of justification by faith alone

Scultz Critical Summary- South Park and the F word - The ohio state university/ Criticizing television - essay

751 words - 4 pages any sexual connotation” (Schulzke, 2012, p.28). With every new generation, people are growing up differently than the previous and therefore they have different beliefs and perceptions of sensitive topics such as politic issues, censorship, sexuality, etc. For example, a few decades ago homosexuality was not as socially accepted as it is today. However, as someone who grew up in this day and age, homosexuality has never been this scandalous or

The consumer behavior of Millennials - AIU MKTG 405 - Essay

1026 words - 5 pages sociable group. They socialize while consuming, about consuming, and in search of others opinions about their consumer choices. This consumer group often seek brands which collaborate and cooperate, with other aspects of their life. Millennials are adventure seekers, and are content to roll with the flow. When it comes to consuming, this group is driven by value. Not necessarily in the cost of something, but in the value the item carries. They seek

Life Expectancy For The State Of Kentucky. This Was An Assignment In A Math Class... ENJOY! It Is Missing Pictures So If You Need Them Let Me Know

1919 words - 8 pages is 80 and you started paying for life insurance when you were 75 because they can only expect around 5 years of payments for like a $100,000 policy then they would be losing money, so to cover the profit lost by raising the monthly payments than if you started paying at age 5. You may be asking how I gathered my data. Well that all I had to do is go and look into the Herald Leader which has obituaries for all over the state. So I just limited my

Why the US Constitution did not contain a Bill of Rights - California State University, Northridge - Essay

1171 words - 5 pages stretched too thin, not being able to provide help for all the citizens in the country and was therefore near useless. They believed that the state governments being closer to their constituents would be better able to help them, and any over-centralized government would not only not be able to help individuals but also grow wildly out of control and diminish individual rights. When the ratification of the Constitution was held up in

The Great Gatsby Summary Report - English - Book Report

586 words - 3 pages The Great Gatsby Summary Report The two creative assignments I have chosen to do are the added scene and collage. The reason I chose to create an added scene into the book was because I was unhappy with the way the book concluded Daisy. As unhappy the story it is that the story ended in Gatsby’s death, I still wanted a more optimistic conclusion. I believe Daisy would’ve done more to say a last goodbye to Gatsby when he passed away than just

Similar Papers

Is The Cost Of Higher Education Worth It? Eng 4 Essay

1144 words - 5 pages believe that because of their mere presence in America they should be clothed in the finest silk and own a house the size of Texas. We seem to believe that our freedom of speech inherently grants us the right to degrade others. I personally think with all of the technology we have today that it is possible to achieve the American dream. But I also believe if you get off task and not focus on the goal you’re going to get side tracked. Today there

The Debate Whether Or Not Globalization Is Good For Our Economy Economics Essay

927 words - 4 pages Is Globalization Good or Bad? The debate of globalization, the process by which businesses or other organizations develop international influence or start operating on an international scale, is usually viewed as very two dimensional, either good or bad. However, in some viewpoints it can be seen as too complicated of an issue to decide if the overall effect of its components are good or bad. Globalization has an overwhelming amount of good and

Essay 201 The L Ast Duchess Summary Northern Virginia Community College Assighnemtn 1

1864 words - 8 pages life as a race car contest. In a race car contest, they say to the racer that your car goes where your eyes go. If the racer looks at the wall, they will eventually run into the wall. The driver that looks ahead at the tracks will regain control of his vehicle. After realizing this, I learned that just because I moved to another state, I won’t let it break me down to dust. That which I manifest is before me; the direction of my car will always go where my eyes go. From then on, I have put my full effort into making whatever I see become possible for me in Virginia, or what I like to call, “my new paradise”.

Donald Trump State Of Union Econ Economics Research Report

1069 words - 5 pages Donald J. Trump’s State of the Union address Donald Trump gave his State of the Union speech on the 5th of February, 2019. This address is given by each president of the United States, whenever they decide it is needed. This address usually includes a “budget message and an economic report of the nation”​1​. But this year that was not the case, and instead Trump talked a lot about immigration again, and how people looking into his dealings is