The Cost of College: Is It Worth It?

Students who don’t graduate in four years are affected in more ways then they might realize. Only 56 percent of students complete a four-year degree within six years. And approximately 75 percent of college students will change their major at least once before graduation. And if a student doesn’t graduate in four years, they lose an estimated $45,000 by delaying their entrance into the workforce.

Despite the struggles different students face, whether it be financial, from being a parent, or from having a mental illness that is worsened by the stress of college, having a degree will earn someone on average $17,000 a year more than someone without a degree. But besides financial benefits, attending college will help an individual develop skills that will be useful in their career, but also outside of their career.

Read all twelve stories on whether or not college is worth it:

It Was Worth It,” letter from the Editor-in-Chief, Miranda Carney
If there’s anything I’ve learned from five months of research on the cost of college, it’s that it is worth it.

The Mental Cost of College,” reported story by Katie Grieze
Around 86 percent of college students are overwhelmed by their responsibilities, but this stress can worsen the symptoms of mental illness for some students

A Balancing Act,” feature by Vanessa Ford
Just like Sarah Loyd, 26 percent of college students balance financial, emotional, and college stresses with the added responsibility of parenthood

What Comes Next,” reported story by Taylor Meyers
Sixty-one percent of college graduates are prevented from moving forward after graduation by their student loan debt

Changing your Major,” feature by Jackie Miller
Approximately 75 percent of college students will change their major at least once before graduation, and can suffer financial repercussions because of it

The Cost of Leaving without a Degree,” feature by Carli Scalf
Only 56 percent of college students complete a four-year degree within six years

A Team Effort,” essay by Michele Whitehair
Sixty percent of families feel they must collaborate to provide a successful education

The Worth of Higher Education,” Q&A by Taylor Hohn
Not everybody goes to college, but those that do often have more career benefit

When Parents Pay for College,” essay by Samantha Stevenson
Students who have their parents pay for their college may be missing out on a lesson in financial responsibility

Not Graduating on Time,” essay by Hannah Sordyl
Students will lose an estimated $68,153 if they don’t graduate in four years

Words From a First-Year Freelancer,” column by alum Joseph Knoop
Graduate of Ball State’s Department of Journalism in spring 2015 talks about the worth of his college education

Different Decade, Same Value,” column by alum Jim Billings
A Generation X alum shares the worth his journalism degree and ROTC education gives him decades after graduating from Ball State