Is Going To College Really Valuable?

Few years back, our wallet depleted as the U.S economy plummet to the lowest level. I am talking about the 2008 recession which affected almost everyone in the whole world. Now when the economy is slowly rising again and offering job, people are debating whether going to college is worthy enough in getting better jobs. Is investment in education will be fruitful and result-oriented?

This is a common question for many students that whether to start a professional career directly or enroll in a university to take a leap of faith.

This can be answered taking into account different factors which includes student’s loan debt, skills required to get into a better job, and future environment of the industry.

Students Loan

This is the burden for a student for a long period of life. To finance the college career is not an easy task. The rates are doubled in traditional institutes. Therefore, an alternative of on-campus institutes is gaining traction and becoming the preferable option for many students. Yes, it is online education.

In 2002, student’s loan reached $1 trillion mark which do not include living expenses.  Market Probe Inc. and Well Fargo conducted a research that uncovered a trend that young professionals are more focused on getting a better job than enrolling into colleges.

However, there were some shortfalls in the study. It failed to answer the majors of students and the employment status and earnings.

Decide on majors and the courses

Before making up your mind to start a college or not, decide which majors to select and which field to pursue. Some majors are easy but do not yield good results. However, some are hard but lucrative on the long run.

So, research before when you buy a college degree. It’s an investment so be confident before making a decision as it is about the future. So, pool in your funds at the best place. Search out best majors and courses which can reap better results. Also find out the industry which is profitable as well as offer employment.

 

Deciding on the future

Education is an investment and will affect your future, so it is important to know where you will be heading.

Certain field are becoming obsolete and no longer are the best choice for many students. Technological advancement has changed many things. So, don’t choose any dying industry. Pursue your career which offers growth and high-paid salary. You can find out information on different websites which reveals statistics about specific industries and their projected growth or decline.

So, before entering into the world of academia and pool in your resources into education, know which career is growth oriented and better suited. It is an investment that can offer high or low return; all depends on your selection.