A degree is generally valuable in several ways including but not limited to the economic. There are additional important benefits to be gained in the area of liberal arts studies, social development and enjoyable, satisfactory work.
Economically, graduates are more likely to be employed and salaries in the longer run are higher. This adds up over the total working years. Add to the mix work that is generally more interesting and challenging. That’s a big plus. Employers prize graduates because a degree indicates an ability to complete challenging tasks. Generally, partial completion of degree requirements counts for little.
Liberal arts studies expose students to different ways of thinking, which is valued by employers who need employees who can think. Employees who can think of ways to do the job better, deal effectively with the competition and increase profits are examples of ways employees can help their employers.
As far as a non-monetary benefit is concerned, liberal arts studies can increase lifetime enjoyment of art, music, history, philosophy and other fields.
Socially, students usually build lasting relationships during their college years. Appreciation of varied views and experiences adds to confidence as students get to know and appreciate others.
Degree value as it relates to college cost must include those years out of the job market while pursuing the degree. Also factor in the experience of a commuter student living at home and the possibility of part-time studies as you consider the value of a college degree.
