Increasing incentive to attend college.
According to a survey by the National Association of Colleges & Employers, starting salaries for college graduates have risen over the past year. The survey conducted at 81 colleges, has shown an increase in wages for almost all majors. Marketing majors can expect the largest starting increase, in upwards of 10%. As in many previous years, all engineering disciplines have shown dramatic increases, this year averaging 5%. Not only can graduates expect increasing starting salaries but they may also find it less difficult to find a job as the survey suggests the number of expected hires has increased by 17.4%. Do you think that the increasing benefits for attending college will cause people located on the margin of whether or not they will attend college, to reconsider?
15 comments:
I feel that it will have people on the margin reconsidering whether or not to go to college. Let's face it, as time goes on, prices are increasing and minimum wage is kind of lagging behind. With this figures, you have a better chance of going to college and making more money than you would working for minimum wage. The cost of going to college scares people, but you have to consider the cost and benefits. Yes, at first the cost will be more than the short-term benefits, but as you graduate and start a career, somewhere down the line the cost will become minimal. This is why I believe that a person at the margin will reconsider.
I think that this will have a large affect at the margin. When people are trying to decide weather or not to go to school, the added benefits of an increased possibly salary will definitely increase peoples likely hood of going to school.
I think that this data is very important, not only with influencing people whether or not to go to college, but also with what to major in. People are obsessed with making as much money as possible, therefore, those on the margin of deciding what major to get into, will be affected by this information too. They will choose majors that have the largest starting salaries and number of expected hires.
If someone who was unsure about attending college knew the statistics, they would decide to go to college. Knowing that the starting salaries have increased will cause more people to go to school to earn the figures that are being predicted for college graduates.
Yes, I think that people who are on the margin of whether or not they will attend college will reconsider, simply because they will benefit. This will have a large effect on the margin.
They will have an incentive that produces positive results such as an increased amount of money and an increased chance that they will become employed after they graduate. I see no negatives in this situation; therefore, i think that a rational person would try to make the extra effort and try to attend college for long run benefits. It will cost you at first to pay for college, so in the short run you are losing money; however, in the long run, with a college degree on your resume, you are able to make more money. Ultimately, increasing your salary.
Yes of course. I would think that it would make the large majority of people that are on the margin going to college or not to choose collge. The increase in jobs and pay for college graduates is a pretty substantial increase.
I think that people will take into consideration of this new salary having risen and that employers have increased their hiring. To really look at the situation broadly many might consider going to college, but looking at it more specifically one might begin to look at the costs of going and seeing how this increase will benefit them over the years of having a college degree.
I'm not sure if this will really effect people at the margin. Honestly people know if they are going to go to college or not. Not many people are unsure about this question. People already know that going to college will increase their chances of receiving a better job with better pay. Most people don't go to college because they can't afford it, not because they don't think they get payed enough after graduation to make attending worth it.
I believe that colleges will see a slight rise in the increase of applicant. But I dont think it will be a huge marginal increase. But if the tuition for college continues to rise, they will have to look at the long term and see if is worth the cost now and will it pay off in the long run.
Colleges will most likely see an increase in the number of students attending their schools. People are going to way out the costs of going to school and making more money per year and of just starting a job fresh out of high school. If it is a greater benefit of attending college than the cost of attending college students will go to college so that they benefit more in the long run.
Colleges will see an increase in the number of students wanting to go to their college. Most people will want to go in to a major that has a large starting salary. On the other hand there will be some students that go in to majors with a small starting salary. Now that starting salaries for students have increased, there is no question that going to college is the best choice.
I believe this will have a huge impact on college admissions. Most students are going to think of the benefits a college degree will give them; therefore, it will have a large effect on the margin.
This will surely have some impact on whether or not certain people attend college. Even though they must take other options into consideration, such as financial aid opportunities and family well-being, this is definitely an incentive to examine; and as we all know, people react to incentives.
I'm not sure if this study would have a large impact on a person deciding on going to college. A lot of people have a hard time putting there money on the line when someone tells them that there "should" be a good outcome. It may have an effect on a small number of people, but i don't see it being an effect on the majority. I don't see people looking at what has just happened in the past year to say what will happen in the future. It could be a factor but not a large one.
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