College costs a lot of money, and it might take you several years after school to pay off your student loan. Is there an alternative, though?
There’s so much information available in today’s digital age that you can learn virtually everything without a college professor. The world is full of ultra-successful people who are college dropouts. With Google, you don’t have to spend a fortune on traditional textbooks since you receive the most up-to-date information for free.
These are many reasons that college isn’t worth it, but you also might compare that choice to gambling, where you’re unsure of the outcome. If you’re not a gambler, there are many benefits to getting a college degree that you would do well to consider in today’s competitive job market.
More Job Opportunities
A college degree opens job opportunities that would otherwise have been inaccessible. Research shows that college graduates are 57% more likely to find jobs than non-graduates.
Other estimates show that by 2020, 60% of all job opportunities will require some form of post-secondary education. With a college degree, you’ll qualify for these additional opportunities and enjoy flexibility when choosing where to work.
Better Remuneration
Going to college usually leads to better careers with better salaries in the long run. For example, in the United States, college graduates earn about $570,000 more over their entire careers than those with only a high school diploma.
An Investment in The Future
Going to university is one of the most significant commitments of time and money in life. It’s also a down payment on future success.
By obtaining a college degree, you’ll be able to secure your career and life goals that would otherwise have been more challenging. You need to put in a lot of effort into a degree, but it prepares you for a more productive future in any line you choose.
Boost Your Financial Acumen
Financial wisdom is sometimes a side benefit of those four years of academic input for business graduates.
A 2016 report by the Lumina Foundation showed that working-age individuals with college degrees are 9.4 times more likely to have a bank account than those with only a high school diploma. College-educated individuals were also less likely to have acquired expensive forms of credit.
Only 2.3% of college graduates used pay-day and tax refund loans within the past year, compared to 9.2% of those without a degree.
Build Professional Networks
College allows you to build networks that will help you scale the career ladder or skip a few steps. Several years after school, you might look to your lecturers and peers for leads, references, or a boost in confidence to pursue a new career opportunity.
Final Thoughts
The increasing cost of college tuition sometimes pushes people away from the idea of a college degree. The benefits are endless, though. You’ll have increased access to information, and a helping hand in your future career choices.
Getting a college degree is an essential step that opens doors to numerous opportunities. With a degree, you’ll have access to more job opportunities, better remuneration, and many other benefits that you might not want to miss.