Why did/should you go to college?

With it being college graduation season coupled with an iffy economic status, there have been a lot of "Is college worth the price?" sort of articles in the news lately. There are some good points. A college education has gotten very expensive and there's more and more data out there that what you get with a diploma is a hunk of "not much."

There is an obvious concern about the mountain of debt one gets handed along with a diploma that may or may not translate into a decent job. College costs are crazy-high these days. The average cost for a public, in-state institution is $7605 for tuition and fees. That translates to over $30,000 for in-state, 4-year college education -- and this isn't including food and housing and all that. If you want to hit the private college scene, well, that number will just hurt your soul.

The question is: is it worth it? You may have heard the statistic suggesting that a college graduate earns, over their lifetime, approximately a million dollars more than a high-school-only type. There are plenty of errors with this argument, as shown here:
http://www.forbes.com/forbes/2009/0202/060.html

That said, there is a question of getting your foot in the door. If you're applying for a position, how many resumes go in the "no" pile just because you don't have certain letters after your name? And, more importantly, what is your level of control over the type of job you can get? You may be able to get that entry-level position, but you may be passed over for those manager-type positions.

A bigger question is: what is the purpose of a college education? If it's simply to get a certain type of job or earn a specific salary then you do need to crunch the numbers as to the worth of a college education. Personally, I think that college is more than a job-prep program. I am still enough of a romantic to think that there is an intellectual value in a college education, that there is something valuable about an environment dedicated to learning. In this economy with these costs, the decision for higher education has to come from a love of the experience of going to college.

Back when I was working at a university (oh so many years ago), I used to advise my students about whether or not they should go to graduate school. I told them that if it was simply a next step then they should probably not go. But if they just really loved biology, the they should go. For a lot of people, going to graduate school would have little impact on the financial level. (On a personal note, I left a $35K/year job to go to graduate school and, after I finished, I was earning $33K to teach at the college level.) College now falls into this bucket. Is this a required piece of the puzzle of your life?

This is a complicated and expensive thing. I think we've reached the point where a kid shouldn't go to college just because it's the next step. I hate saying this because I think education is truly a big deal. But I don't know how much of an education kids are getting these days, at a very high cost.