Posts Tagged high school diploma
A College Degree is Nearly a Necessity
Your education is the single greatest gift you can give yourself. While there are educational opportunities all around us, some of them come at a greater cost than others. A college education might require a hefty investment of time and money upfront but the pay off is much better over time than if you used your life experiences in order to achieve the same level of education that you can pack into 2, 4, or 5 years of an undergraduate education on the college level.
In other words, over the course of your lifetime you are likely to pay far less for your college education than you would pay (in earning potential) for not having a college education. At the same time, each level of college education you receive increases your overall earning potential. This means that a one-year degree in a technical field will provide a modest boost from a high school diploma when it comes to earning potential but an associate’s degree will provide an even better boost. You will see an even more significant improvement in earning potential when you increase from an associate’s degree to a bachelor’s degree. The vast majority of students enter the work force upon completion of a bachelor’s degree. Those students, however, who remain in school for graduate studies often, find that a master’s degree even further improves their lifetime earning potentials.
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Another Misleading Report About High School Dropouts and Income
So, below I have reproduced the take home table in a new report on the social/economic loss resulting from high school dropouts in America, and the major gains we could make if we could just get people to graduate.
Of course, this argument is totally ridiculous. Among other things, it assumes the following:
- That if inner-city kids got high school diplomas they would automatically also head up into the next income strata.
- That having or not having a diploma is THE key influence on one’s income strata.
- That new graduates would have the same academic rigor and opportunity of prior graduates.
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