Higher Education and Educational Attainment

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Education
“Why Is Education Important”
"What do you want to be when you grow up?" Adults have asked that question all their life. When he/she was five, relatives smiled affectionately when you answered "an astronaut" or "a rock star." Now that you are looking at colleges, that familiar question takes on more meaning. What college is attending and what academic major he/she choose, often determine the career path. On the other hand, few high school students know for sure what career they would like to pursue. How should career planning influence her/his college choice? “Jennifer Gross, 2008” http://www.education.com/reference/article/Ref_Career_College/ Education is the most important part of our life pre-school, kindergarten, elementary, high school, college and university. A good education is the key to success this can affect the cost of living with a good education there is always a good possibility of getting a better job. In the last couple of years, we have come across to a big issue, children, and adult dropping out school. How can we become a better in education? What are the benefits of having a good education? How does affect our salary when applying for a job? In this paper, we will find the answers to these questions. Will go through a couple of sources that will tell us how we can improve our education. Higher education provides considerable value to individuals, the economies where educated individuals work and live and society in general. People who have completed high school earn more than those who have not; people with bachelor’s degree earn more than those with only an undergraduate education.

The benefits to an individual from university education vary with the quality of the institution attended. For example, those who graduated from Hofstra University of NY earn substantially more than those who graduate from a lower-quality institution. •Make college affordable to all Americans:

Obama and Biden will create a new American Opportunity Tax Credit worth $4,000 in exchange for community service. It will cover two-thirds the cost of tuition at the average public college or university and make community college tuition completely free for most students. http://www.barackobama.com/issues/education/

Three-reasons why so many people fail to invest in a college education. (1) family financial constraints, (2) lack of academic skills necessary for success in college, and (3) and apparent lack of knowledge or firm belief n the large effect that a college education has on an individual’s future earnings. Higher education provides considerable value to individuals, the economy where educated individual work and live, and society in general. The relationship between earning and educational attainment. TABLE 1

Mean Annual Earnings By age and Educational Attainment in the United States Full-time, Year-Round Workers, 2002-03
Age Group

Attainment25-2930-3435-3940-4445-4950-5455-59
Postgraduate$66,232$79,464$86,670$86,676$85,061$83,543 University graduate$43,121$55,440$62,244$65,973$66,280$64,253$65,240 Some College$31,338$36,271$41,635$42,295$43,829$45,453$43,330 High School graduate$28,097$31,366$33,443$35,283$36,316$35,270$37,573 Some High School$22,168$23,553$26,351$28,026$26,430$27,155$30,452

Source: U.S. Department of Commerce, Census Bureau, Current Population Survey.

The positive relationship between education and earnings is unmistakable and universal. Workers who have completed high school earn more than those who have not; those with some college earn more than those with only a high school education; people who have earned a college degree earn more than those with a partial college education; and those with a graduate degree earn more than those with only a bachelor’s degree. These relationships hold for all age of groups.

As we can see the benefits of a workforce with grater education attainment and skills can be traced to the...
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