The benefits of college are well worth the cost because of larger salaries. The United States Bureau of Labor Statistics stated in 2015, that people with only a high school diploma only earned $678 weekly, while people who had a bachelor's degree made $1,137 weekly. Earning a 4 year degree will nearly double yearly earnings, which allows ones to support a family or a spouse in the future. The Hamilton Project, Brookings Institute averaged the earnings of people with a college degree, which was 1.3 million dollars a lifetime. While a chemical engineering degree earns 2.3 million dollars a lifetime. Having a degree will sporadically increase earnings in a professional career. The United States Bureau of Labor Statistics states that a job requiring a 2 year associate's degree earns double the salary of a job requiring only a high …show more content…
The Occupational Outlook Handbook projects web developing, a job only requiring an associate's degree, to increase 27% from 2014-2024. The unemployment rate for people only educated with a high school diploma is 5.4% and for people educated with a bachelor's degree it is 2.8% as stated in the United States Bureau of Labor Statistics, Having a college degree will increase the range of jobs ones can apply for and the availability. President says “Look. right now, the unemployment rate for americans with at least a college degree is one third lower that the national average.” Having a college degree is an essential step to take for future