An University Education opens doors. These opportunities branch into the aspects of finance, employment, family and societal skills/ an enhanced lifestyle.
Firstly, a university environment exposes students to a rich cultural and social environment. This gives every student a chance to interact with people coming from varying geographical, social and financial backgrounds. In the act of meeting new people, you learn new things and new ways of learning things. Most importantly, a university matures a person to live and interact with others in a social milieu.
Secondly, according to statistics on average annual salary, individuals who attend college earn more as a result of their higher levels of education. In fact, university graduates earn more than twice as much as high school graduates. Some studies have found that university graduates with a bachelors degree earn 80% more per year than those with only a high school degree. Specifically the Us Bureau Census reported in 2004 that, on average a university graduate earns $54,704, significantly more than the $30,056 earned annually by a high school graduate. Another way of viewing these numbers is that, according to the Postsecondary Education Opportunity Research Letter (PEORL), the lifetime income of families headed by individuals with a university degree will be approximately $1.6 million more than the incomes of families headed by individuals who are high school graduates. Also, according the the PEORL individuals who attend and graduate from university have greater work opportunities and tend to have skills that can be easily applied in different work settings and different geographic locations. In other words, they have many more work options, which helps stabilize their income in fluctuating economic times.