The American Dream Essay

1629 words - 7 pages

Every year more and more high school graduates, their families, and even professionals already in industry are faced with an increasingly difficult question. That question is to determine whether or not they should pursue a college education. The reason for this controversy is that as the economy has definitely taken a hit, more and more people are wanting to make money in any way they can now than to spend money in order to increase potential earnings for the future. Another reason for the controversy is that the cost of attending college is rising and will continue to rise unless some major political action happens. This question is relevant because it is important to be educated on the ...view middle of the document...

The reason for this is that immigrants have had less time to establish their net worth in America and often times are of a lower socioeconomic status than those that have been here much longer who have established a higher net worth. This imbalance is often what causes people to want to forgo pursuing a college education for the opportunity to get into industry as soon as possible and start making money to help their families. The dilemma that a person of a lower economic status is faced with is definitely not an easy one because it may seem that they are being selfish by pursuing a college degree when in actuality they are working to better themselves and those that they care for.
Another benefit of going to college is the increased opportunities that become available to you besides the increase of income (Scholarships). A college degree can be a signal to potential employers that you are dedicated, have the ability to learn, follow directions, think critically and are able to perform tasks that a less qualified applicant may not be able to. With the increased number of unemployed and decreased number of jobs, many employers these days may only be interested in you if you have a college degree (Scholarships). You do not necessarily even need to work in the industry that is related to your major. When you receive a college degree the number of doors that open to you become endless and anything becomes possible.
Some people might look at successful businessmen and say, “They didn’t go to college so I don’t need to either!” An obvious example of this would be Bill Gates. He did not have a college education yet is one of, if not the, most successful men alive. Well here’s the thing, college may not be for everyone. This can be the case in just a couple situations. If you are of a very high class and your family is very well off then going to college may not be of any benefit to you (Dukcevich). If you take a look at the well of and super rich you may notice that they do something where a college degree is not needed such as those that own successful businesses. A college degree is always something nice to have to say you have but in the case of the rich business owning family it may just be an extra cost that won’t add any extra value income wise because you will not be using your degree in your career unless you deviate from your family’s business. I personally know of a family that is in this situation. Sharif Jewelers of Sacramento are very good family friends and the younger kids that attend college have stated multiple times that they are only going to college for the image and in no way will they be using their degrees. Another situation that someone may be better off not going to college would be if they were to pursue a college degree that will not pay back the cost that it takes to achieve that degree. “An arts graduate from Murray State University in Kentucky can expect to make $147,000 less over 20 years than a high school graduate,...

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