Is going to college worth it? There is no absolute answer to that question. Sorry.
From a statistical standpoint, the economy shows that a high school diploma simply isn’t enough. Bill Gates, a dropout from Harvard himself, has pointed that by 2025, two thirds of jobs will require a college degree to be employed. On the other hand, Michael Bloomberg, a graduate of Johns Hopkins University and Harvard Business School, has advised that if you have a skill set, skipping an undergraduate degree may not be a bad idea after all.
It’s almost ironic to see a dropout advocating for college degrees and a college graduate supporting those who seek employment after high school. The truth is they are both right and wrong - they are the prime example for that.
The answer is unique to each individual. In general, a college degree does equip you with a better chance of landing a “great” job, but that’s not your only option. Even among college graduates, there’s still an unemployment rate of 3%. Of those who are employed, many are underemployed as 51% of graduates from the last two graduating classes are in jobs that don’t require undergraduate degrees.
So, what’s the takeaway? The choice is yours, and that’s the most important part: understanding that you have the option of applying and going to college, technical school or community college. And it’s okay if you don’t know yet. Take a gap year to figure out where your passion lies, explore career opportunities and higher education options. You never know what’s out there.
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