How valuable is college education anyway? Although, many people are questioning whether the value of education is worth the investment and time, the number of people attaining college degrees is increasing each day. It would be impossible to tell individual reasons of receiving higher education, but on thing is for certain; college education brings many benefits. The benefits of college education can be grouped in three main categories such as, economic, employment and social.
             Is the high level of investment worth the return? There are doubts when comparing the investment needed for college education and the level of return upon completion. In particular the decision is much more difficult for low budget families. However, recent studies show that investment on college education is very valuable and one that will continue to appreciate over time. According to U.S. Census Bureau (2002) in 2001, the average income for a person age 18 or over who holds a bachelor's degree was $59,683, compared to $32,906 for a person with a high school diploma. Therefore, people with 4 year college degrees were making $26,777 more income annually then those with high school degree. Taking this data as a basis we can conclude that college graduates will make roughly $1.4 million more income during their lifetime than high school graduates, however, this estimate does not include salary increases. In addition, the annual earning gap between college and high school graduates is increasing each year in favor of people with bachelor's degrees. Therefore, considering these figures we can easily conclude that by not investing in higher education one is actually losing a great deal.
             People with higher educational attainment such as four-year college degrees have the opportunity to enjoy other possible benefits in comparison to people with less education such as high school graduates. In addition to higher incomes, colle
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