increases a graduate’s earning power but also open new doors and
opportunities that would not exist before they completed their
degree.
But first the important stuff, the money. On average college and
universities can make up to double the amount of money in a year
and over their working lives than a high school graduate. People
with a graduate degree or a doctorate can triple or quadruple a
high school graduate earnings.
When it comes to the big money there is no competition. Nine
percent of college graduates brought home more than $100,000 a
year or more while only one percent of high school graduates
reached that income level. The opportunity to earn more money,
year over year, and at the highest level is clearly more open to
college or university graduates.
It is also easier for a college graduate to get their first job,
move up more quickly in their chosen field, and reach the top,
than it is for a person with only a high school diploma. College
graduates bring specialized training and skills and they are
also more likely to have enhanced communication and writing
abilities, are able to adjust and multi-task, and have a range
of abilities to grow that make them more desirable to employers.
A person who takes the short route to the working world after
high school is actually taking a short term gain for long term
pain. Even after you add the cost of four years college at an
average cost of $10,000.00 to the income you could make in that
period you will still be far behind. You may pick up an extra
$100,000 in the short term that will cost you and your family a
million dollars in the long run.
An investment in a college education will also pay off in
opening a lot of other doors. Many people find that the friends
they graduate with in college often become part of their
network. This network can pass along possible job leads,
lucrative investment opportunities, and even social or political
connections.
These doors are only open however to those who attend college
and complete their degree program. Don’t let these doors slam
shut in your face. It is never too late to go back to school and
take advantage of the benefits that a college education can
provide. Yes, it may hurt a little in the short term, but at the
end you will almost certainly be better off