When people ask is further education important, often they have been put off by the high cost of going to college and getting a degree. It’s no secret that the cost of getting further education has increased a lot in recent years, so it is no surprise that many students question whether they can afford it. In response, I always ask them can they afford NOT to go to college.
The reason is that college graduates on average earn double the amount of money in their lives than those with just a high school education. The return on investment dwarfs any other investment you could make on wall street. There are a huge number of financial aids available for anyone who wants to go to college.
So once the price is no longer a factor, is going to college really worth it? Further education is important because of the number of opportunities that become available with a college education. It is a fact that more and more people worldwide are getting a higher education, so to stand out in the marketplace you need to have a further education beyond high school.
It’s true that there are many successful people who do not have a higher education, although this is becoming more and more rare. It is a lot more difficult to get a high powered and highly paid job without a college education than it ever was before simply because there are a lot more people with a college education these days.