because of money

In the 1970s and 1980s, the United States went through economic restructuring. Businesses generally now rely on inexpensive foreign labor for a majority of their manufacturing and low-skilled to medium-skilled labor that a high school graduate could provide. As an objective economics student, I will not say whether this is good or bad, but I will say that now the United States is more in the skilled labor market that usually requires a college degree.

A college degree has an almost guaranteed financial payoff both in immediate and lifetime earnings. A high school graduate may start earning sooner, but he will likely hit a glass ceiling early in his life and at a low salary. A college graduate may hit a glass ceiling, but his earnings are likely to peak much later and higher than the high school graduate.

Attending college will help you in the job market. Many companies aren’t interested in hiring people without a college degree, which is why more and more people are going to college. Pretty soon, more companies will want more college education and a 4-year degree will be the new high school diploma in terms of what gets a person hired.

A skill you pick up in college that will serve you beyond is the method of thinking for yourself in such a confident way that you won’t be stifled by self-uncertainties or embarrassment or the inward fear that you don’t really know what you’re talking about. In a college classroom, you have to know what you’re talking about because your grade will suffer otherwise. The college classroom is a great preparation for this. There’s no joy like the one that you arrived at a conclusion by yourself, not by some other person, even some expert in the field, who after all has no more natural intellectual power than do you

They have had a chance to explore their options, so that by the time they are hired they have a better sense of what they want to do in life.