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Benefits of a Higher Education


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COM/156 –University Composition and Communication II

Benefits of a Higher Education

In a report published by the U.S. Census Bureau titled The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings, an average adult with a high school degree could expect to earn about $1.2 million, someone with a bachelor’s degree could earn about $2.1 million, and a person with a master’s degree might expect around $2.5 million. The average salary of a high school dropout is about $21,000 a year which equates to $840,000 over a 40 year period. By most standards, there is a substantial difference in the lifetime earnings presented in the data which will undoubtedly have impact on any one person’s life and those who depend on that person to provide for them. An education is the single most important tool a person can acquire. Well educated individuals not only earn more money throughout their lifetimes, but they also live longer, healthier, and more comfortable lives. Every aspect of peoples’ lives is affected by the level of education or lack of education that they have. The type of career, salary, health, social environment, and community are all factors associated with academic prowess. Also more important, the post professional quality of lives of individuals with higher education credentials is greatly improved over the lives of non-educated retirees. Pursuing higher education empowers individuals to take control of their future by providing more employment opportunities, which leads to a healthy lifestyle and improved wellbeing. The pursuit of knowledge is the driving force behind most every successful person and is what America was built up. Since America is based on a free market society, knowledge translates into power, wealth and prosperity. The higher the level of

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