The Cost of Dropping out of College

While the cost of college is rising there has been much debate on whether or not higher education is worth it. Are the papers, tests, and thousands of dollars really worth the investment? A bachelor's degree is the clearest path to middle class, but many students want to go beyond that in this day and age and the rise of college drop outs are increasing. 

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Although tuition is rising, studies show that recent graduates have lower rates of unemployment, higher earnings, and better career prospects than those who don't obtain a degree. Many Americans are dropping out of college before walking across the stage meaning they are taking the debt of attending college without getting the benefits that come with a college degree. Dropouts are more than four times as likely as graduates to default on loans. So is it worst to graduate with debt, or to not graduate ...with debt?

It seems to be a cycle; cost of college is rising, forcing students to work more, therefore reducing chances of completing a degree. This weighs heavy on the economy as well. Economist says America needs more college graduates to remain competitive in the global market. Efforts to get low income applicants in school, however seem to fizzle when it comes to make sure they graduate.

A degree is no guarantee to a well paying job, especially in this economy, but it definitely opens many more opportunities than not. It makes one a better prospect when it comes to jobs, as well as increasing chances of mobility and management positions.

Finals are here, and many are debating on dropping out because of all the stress. Well, I'm here to tell you to keep pushing. It'll be worth it in the end, but remember, it's not always what you know, but who you know. Consider the future implications dropping out has. It could be more expensive than attending school ..

Dopefully,
Shanika


@carpeNIKA