Why go to college?

We hear about it all the time, multi-millionaires who succeed despite not having a college education. So you might be asking yourself or your child might ask, why should I go to college?

To start off, statistically, according to a report by the U.S. Department of Labor has shown that a high-school diploma alone is not sufficient for students to access jobs that pay above average. If you are looking for a position with any kind of technical expertise, it is most likely that job will require either a two year degree, four year, masters or at least graduation from a certificate program.

With the various ways an education can be had today, whether it’s through your local community college or online, it has become easier than ever to go back to school or earn your degree.

What are the benefits of attending college?

1. Greater Knowledge. A college education will give you an overall understanding of all of the sciences, which are all necessary for critical thinking skills. In college you are also required to articulate your thoughts through writing reports and papers, which later on assist you in expressing yourself clearly on and off the job.
2. Potential To Earn More. Studies have shown that a college graduate earns approximately $18,000 more a year than someone without a degree. Even a two-year degree will earn you more money than having nothing at all.
3. More Life Potential. With some basic courses and skills the potential to land a job or find an employer that will provide you with training is greater with a college degree.
4. Job Opportunities. The better paying jobs certainly are more technical today than they have ever been. Life experiences just don’t translate into technical know-how. Attending college you will gain the latest information on new technology and software systems being integrated into the work place.

Financing your education has become easier today as well. With scholarships, loans and federal assistance, with a little bit of homework done on your end, you will find the perfect financial provision out there for your needs.

What are the options?

Scholarships: There are two types of scholarships, undergraduate and graduate fellowships. A scholarship is a gift in that it does not have to be repaid like a student loan. Because the money is a gift, the funds are generally reserved for students with specific qualifications such as academic, athletic and so on.

Student Loans: Student loans are like any type of loan in that it must be paid back. Education loans are broke down into three categories – Student Loans (Stafford and Perkins Loans), Parent Loans and Private Student Loans. Federal laws set the maximum interest rates and fees that can be charged.

Military Student Aid: For students who are interested in pursuing careers in the military, there is military student aid. Aid such as the Montgomery GI Bill covers about three-fifths of your college education and is good for up to ten years from the date of your last discharge or release from active duty or training. The Montgomery GI Bill is for those who are enrolled in the Select Reserve of the Army, Navy, Air Force, Marine Corps, Coast Guard and the Army and Air National Guard.

Kara Lilly, a Librarian for over 15 years in College Park, creates the Eduology for schoolwork.org, a leading provider of homework help, college directories with satellite maps and a comprehensive breakdown of student loans. For more information, please visit www.schoolwork.org.