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Opinion: Is College Education Worth the Price?

  • Writer: Maritza Ortiz
    Maritza Ortiz
  • Oct 22, 2024
  • 3 min read

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Maritza Ortiz

by Maritza Ortiz


"I'm dropping out."

 

That’s what I told my parents one week into this semester, and yet I am here, writing this article. I've invested so much time, effort, and money in this degree,  especially money, that at this point one semester and a half away from graduating it seems pointless to drop out. However, the question of whether or not college is worth the price hasn't left my mind since the first week of classes.

 

Today, while student loan debt in the United States exceeds $1.7 trillion, the value of a college education is a topic of increasing debate and I can make a very confident assumption. I’m not the only student to question the benefits of a college education. To help answer my questions and maybe some of your own, I've researched the pros and cons of a higher education.

 

The cost of college has soared in recent decades. Specifically, looking at Adventist colleges such as Washington Adventist University, Southern Adventist University, Pacific Union College, Southwestern Adventist University, and Union Adventist University. I found the total average yearly tuition for these five schools is $27,195. Pacific Union College is the highest with a yearly tuition of $33,678 and Southern Adventist University with the lowest average of $23,870. SWAU ranked at 2nd to lowest tuition in this list with a yearly average of $24,060.

 

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A primary argument in favor of a college education is its potential for higher earnings. On average, those with a bachelor’s degree earn about 65% more than those with only a high school diploma. The U.S. Bureau of Labor Statistics states the median weekly earnings for a bachelor’s degree graduate were approximately $1,416 in 2023 compared to $829 for someone with a high school diploma.

 

Also, college graduates generally experience lower unemployment rates. As of early 2024, the unemployment rate for college graduates stood at around 2.6%, compared to 3.8% for those with only a high school diploma. These statistics show how a higher education can lead to stable employment and higher pay.


Higher education also teaches students critical thinking skills, problem-solving abilities, and a broader understanding of the world. It fosters personal growth, intellectual development, and social skills. All of this is learned through the various courses and experiences students have on a college campus from classes in conflict resolution to workshops in resume building and interviewing skills.


College can also serve as a gateway to valuable networks and professional connections. Alumni networks, internships, and campus events often open doors to job opportunities and career advancement otherwise inaccessible. At Southwestern Adventist University, professors spend much of their time advocating the importance of networking by creating events specifically for this purpose.

 

Despite the undeniable benefits, the growing student debt crisis remains a significant concern. For the Class of 2022, the average student loan debt hovered around $39,400, leaving many graduates burdened with repayment for years after earning their degrees. The escalating cost of education has also forced more students to attend college part-time or work while studying, which can delay graduation and postpone the start of a full-time career. Personally, I’ve had to take on both on- and off-campus jobs to help cover my tuition costs. At one point, I was juggling four jobs simultaneously!

 

Given the soaring costs and potential debt associated with college, many individuals are now exploring alternative pathways to career success. Trade schools, apprenticeships, and certification programs often offer a more affordable and direct route to employment. These alternatives can be especially advantageous in fields like technology, skilled trades, and the arts, where specialized skills and hands-on experience often hold more value than a traditional degree.

 

A prime example is my sister, who graduated high school in 2023. She is on track to graduate from culinary school this November after pursuing an associate degree in Pastry Arts. In just one year of schooling, she secured an externship in Cleburne’s local candy shop Trovato Street, where she’s gaining practical experience. This approach allowed her to spend less time and money on her education while providing the opportunity to work immediately after completing her program. Additionally, she makes some amazing Macaroons and cannolis!

 

Online education platforms and community colleges have also made higher education more accessible and less expensive. Online courses, bootcamps, and associate degrees offer flexible and cost-effective options for gaining relevant skills and credentials without drowning yourself in debt.

 

Ultimately, the worth of a college education depends on various factors, including individual career goals, financial situation, and personal values. For some, the long-term financial benefits, personal growth, and professional opportunities make the investment in college worthwhile. For others, alternative educational paths may suit them better.

 

Students should carefully evaluate their goals, research potential career paths, and consider the financial implications before committing to a college education. I also believe it’s crucial for institutions to continue exploring ways to reduce costs and increase accessibility 

to ensure that higher education remains a viable option for everyone.

 

While the price of college education is undeniably high, the financial benefits, personal development, and career opportunities associated with a degree can be substantial as well. However, the rising cost and increasing debt highlight the need for more alternative pathways and finding ways to make college more affordable and accessible. Find what works best for your personal situation!

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