Financial Benefits of College Essay Example

College is an upper-level institution for higher education. Going to college will increase your chances of earning more money in your career. Many believe college means independence, maturity, responsibility, and future opportunities. However; colleges prefer academic achieving students but not many students thrive in all study areas. On the other hand, college can give you a big debt that, in the future, will affect you in the long run. I believe being financially stable and excelling in your career area is most important when it comes to success. Although many believe college is not necessary for success because you can still have a good-paying job without a degree, I believe college is necessary for success because you’ll learn more real-life skills than in high school, and you can earn more money after graduating with a degree.

It is often argued that you can live comfortably and have a good yearly wage without going to college. What counts most is having a successful strategy, in which a student graduates from high school and enters a career in which they may be happy and healthy, and in which they can be sustained (Source B). Admittedly there is a valid point here because many efficient and high paying jobs in the United States do not require a high level degree. Simply graduating from high school and being over 18 can secure you a good career, in which you can live comfortably.

Graduating from college and getting a bachelor’s/master’s is more beneficial in the long run than starting to work right out of high school. In fact, “74%” of students admit their “college education was very useful” and helped them grow intellectually, about “69%” of those who graduated college also admit college has helped them grow more mature and as individuals. Lastly, about “55%” of graduate college students have said it was more useful to find a career (Source C). College will open many doors for you to achieve your goals and earn you financial stability. You will be paying off your debt for a while, but because you are earning more money you can pay off your debt much faster. I imagine managing money can be easily done, resulting in proper financial status.

College students who graduated have entered a career, and have shown a significant difference in median wage compared to students who only finished high school. According to Source A, “Americans with some form of post-secondary education can have median lifetime earnings $1 million higher than those of a high school graduate, the report said” It is clear that college will help you have a more fulfilled life. For many people, earning more money is really important for helping the ones that count on them along with stylish living in a way. I would personally love to help my mom financially and, as well, have a stylish home or car, especially because I love shopping! 

Overall, it is safe to say college can give you more financial stability; after I finish high school I plan on attending college after serving in the military. If teens dream of making money, college will be the recommended route.