Bust out the Benefits
Despite stories in the media about mega-successful dropouts, ordinary people can (and do) benefit from college. For most of us, college offers a pathway to a better life. Yes, college degrees most often translate into higher earnings, but the benefits beyond the paycheck are just as significant and extend far beyond an individual person.
So what are some of these benefits?
- Increased Earning & Employment Potential. As mentioned above, individuals with higher levels of education earn more and are more likely than non-degree earners to be employed. This increases your chances of moving up the socioeconomic ladder.
- Job Benefits. College-educated adults are more likely than their non-college educated peers to receive health insurance and pension benefits from their employers.
- More Volunteering & Voting. The number of people who participate in volunteer activities and the time spent volunteering is higher among individuals with higher levels of education. Also, the more educated a person is, the more likely he or she is to vote.
- Health Benefits. College education leads to healthier lifestyles, reducing health care costs for oneself and for society as a whole. Case in point: college-educated adults are less likely than others to be obese or have obese children.
- Lower Social Costs. High school graduates are more likely than college graduates to live in poverty, and also more likely to depend on public assistance programs. Going to college can save society serious $$$, which is a major benefit for us all.
Interested in learning more about these and other benefits of a college degree? Check out this report from College Board.