The idea of attending college and graduating with a degree has long been an integral part of the American dream. Some argue that due to the rising costs associated with higher education, pursuing it is not worthwhile. However, studies have shown that people with a degree tend to earn significantly more over their lifetime than those without.1 A college degree is strongly correlated with higher earnings and better employment opportunities. This fact alone should make pursuing a degree worth considering.
Accredited colleges and universities offer several types of financial aid, one of which is the availability of federal loans that students can access to pay for higher education.2 Federal aid can also cover other necessary living expenses such as housing, transportation, food, clothing, childcare, etc. This is especially crucial for students struggling to balance personal expenses while still attending classes.
