Why Higher Education and Cost

Why Students Need More Education

  • Data shows that more education generates higher wages; higher wages means greater buying power.

Median Annual Wages by Education Attainment

  • Unemployment is higher for those with less education; higher unemployment curtails spending and places a higher burden on community services.
  • Future job openings will require additional education beyond high school; a highly-educated workforce supports business growth.
  • Research shows individuals with more education are healthier and happier than those with no post high school education; healthy and prosperous communities are strong communities.

The cost of further education varies widely based on several factors.

  • Type of Institution: Public universities generally have lower tuition fees compared to private institutions.
  • Location: Costs can differ significantly between countries and even within regions.
  • Program of Study: Specialized programs (like medicine or engineering) often have higher fees.
  • Additional Expenses: Consider costs for books, supplies, housing, and transportation.