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John Cassidy's Argument Essay: The Value Of Higher Education

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The value of higher education
During last forty years, more and more people are going to the college or university for higher education in America. However, John Cassidy points out an issue that discusses whether higher education gives the student enough payback or it causes thousands of family jumps into financial crisis.
In John's opinion, he expounds what is greater education should bring in for students. In the main, he thinks the meaning of higher education (undergraduate) is: First, vocational training and technical training let graduates have more substantial than high school worker and earning more salary from future jobs. That is one of the purposes of the most intuitive and people pay attention to it. Second, cultivating necessary …show more content…
"Since 2000, the economists showed, the demand for highly educated workers declined, while job growth in low-paying occupations increased strongly." . On the other hand, the program that you take on college may be does not have any connection or relation with your current career or you need to spend more money to obtain a vocational degree or certificate for the future job. "Obtaining a vocational degree or certificate is one strategy that many students employ to make themselves attractive to employers, and, on the face of it, this seems sensible. But narrowly focused degrees are risky.". Social progress increases the number of colleges which increase the percentage of college graduates in the human resources market. However, graduated college students' wages are going to decline gradually. Says little extreme, when the whole society full of college students, graduated from the University will no longer have salary level gauge and no one will get superior wages for a college degree. "The fact that the college wage premium went up at a time when the supply of graduates was expanding significantly seemed to confirm the Goldin-Katz theory that technological change was creating an ever-increasing demand for workers with a lot of human

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