Scenario Much like the decision to start a business, the decision to attend college is fraught with risk; however, the risk of entering the job market with only a high school diploma is just as great. As the U.S. transformed from a manufacturing-based economy to an economy based on knowledge, high school graduates are often unable to obtain the number of high-paying jobs that were once available. College graduates earn more-some suggest as a much as 60% more over a lifetime-than those without a college degree, and have a lower divorce rate, lower blood pressure and stress levels, and higher rates of job stability and satisfaction. However, a college education may not be the right choice for some. There may be a glut of college-educated workers in our workforce, and many careers, including those in cosmetology, do not require a college degree. The U.S. Department of Labor projects jobs for hairdressers, hairstylists, cosmetologists, and skin care specialists to grow 9-17% through the year 2014. In 1970, fewer than 1% of taxi drivers and 2% of firefighters had college degrees, but today more than 15% of workers in both jobs do. As the costs of a college education skyrockets, student loan debt closely follows. Since 2003, the student loan debt held by Americans has quadrupled, growing from $241 billion to $1.03 trillion, rising 14% per year. The decision to attend college is risky. It might pay off handsomely, or it could sink a student's future. Some suggest that college graduates eam more than high school graduates over the course of a lifetime. OA. 100% OB. 40% OC. 80% OD. 60% E. 20%

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Scenario
Much like the decision to start a business, the decision to attend college is fraught with risk; however, the risk of entering the job market with only a
high school diploma is just as great. As the U.S. transformed from a manufacturing-based economy to an economy based on knowledge, high
school graduates are often unable to obtain the number of high-paying jobs that were once available. College graduates earn more-some
suggest as a much as 60% more over a lifetime-than those without a college degree, and have a lower divorce rate, lower blood pressure and
stress levels, and higher rates of job stability and satisfaction.
However, a college education may not be the right choice for some. There may be a glut of college-educated workers in our workforce, and many
careers, including those in cosmetology, do not require a college degree. The U.S. Department of Labor projects jobs for hairdressers, hairstylists,
cosmetologists, and skin care specialists to grow 9-17% through the year 2014. In 1970, fewer than 1% of taxi drivers and 2% of firefighters had
college degrees, but today more than 15% of workers in both jobs do. As the costs of a college education skyrockets, student loan debt closely
follows. Since 2003, the student loan debt held by Americans has quadrupled, growing from $241 billion to $1.03 trillion, rising 14% per year.
The decision to attend college is risky. It might pay off handsomely, or it could sink a student's future.
Some suggest that college graduates eam
more than high school graduates over the course of a lifetime.
A. 100%
OB. 40%
OC. 80%
OD. 60%
E. 20%
Transcribed Image Text:Scenario Much like the decision to start a business, the decision to attend college is fraught with risk; however, the risk of entering the job market with only a high school diploma is just as great. As the U.S. transformed from a manufacturing-based economy to an economy based on knowledge, high school graduates are often unable to obtain the number of high-paying jobs that were once available. College graduates earn more-some suggest as a much as 60% more over a lifetime-than those without a college degree, and have a lower divorce rate, lower blood pressure and stress levels, and higher rates of job stability and satisfaction. However, a college education may not be the right choice for some. There may be a glut of college-educated workers in our workforce, and many careers, including those in cosmetology, do not require a college degree. The U.S. Department of Labor projects jobs for hairdressers, hairstylists, cosmetologists, and skin care specialists to grow 9-17% through the year 2014. In 1970, fewer than 1% of taxi drivers and 2% of firefighters had college degrees, but today more than 15% of workers in both jobs do. As the costs of a college education skyrockets, student loan debt closely follows. Since 2003, the student loan debt held by Americans has quadrupled, growing from $241 billion to $1.03 trillion, rising 14% per year. The decision to attend college is risky. It might pay off handsomely, or it could sink a student's future. Some suggest that college graduates eam more than high school graduates over the course of a lifetime. A. 100% OB. 40% OC. 80% OD. 60% E. 20%
Scenario.
Much like the decision to start a business, the decision to attend college is fraught with risk; however, the risk of entering the job market with only a
high school diploma is just as great. As the U.S. transformed from a manufacturing-based economy to an economy based on knowledge, high
school graduates are often unable to obtain the number of high-paying jobs that were once available. College graduates earn more-some
suggest as a much as 60% more over a lifetime than those without a college degree, and have a lower divorce rate, lower blood pressure and
stress levels, and higher rates of job stability and satisfaction.
However, a college education may not be the right choice for some. There may be a glut of college-educated workers in our workforce, and many
careers, including those in cosmetology, do not require a college degree. The U.S. Department of Labor projects jobs for hairdressers, hairstylists,
cosmetologists, and skin care specialists to grow 9-17% through the year 2014. In 1970, fewer than 1% of taxi drivers and 2% of firefighters had
college degrees, but today more than 15% of workers in both jobs do. As the costs of a college education skyrockets, student loan debt closely
follows. Since 2003, the student loan debt held by Americans has quadrupled, growing from $241 billion to $1.03 trillion, rising 14% per year.
The decision to attend college is risky. It might pay off handsomely, or it could sink a student's future.
am
The decision to attend college is risky.
True
False
O
Transcribed Image Text:Scenario. Much like the decision to start a business, the decision to attend college is fraught with risk; however, the risk of entering the job market with only a high school diploma is just as great. As the U.S. transformed from a manufacturing-based economy to an economy based on knowledge, high school graduates are often unable to obtain the number of high-paying jobs that were once available. College graduates earn more-some suggest as a much as 60% more over a lifetime than those without a college degree, and have a lower divorce rate, lower blood pressure and stress levels, and higher rates of job stability and satisfaction. However, a college education may not be the right choice for some. There may be a glut of college-educated workers in our workforce, and many careers, including those in cosmetology, do not require a college degree. The U.S. Department of Labor projects jobs for hairdressers, hairstylists, cosmetologists, and skin care specialists to grow 9-17% through the year 2014. In 1970, fewer than 1% of taxi drivers and 2% of firefighters had college degrees, but today more than 15% of workers in both jobs do. As the costs of a college education skyrockets, student loan debt closely follows. Since 2003, the student loan debt held by Americans has quadrupled, growing from $241 billion to $1.03 trillion, rising 14% per year. The decision to attend college is risky. It might pay off handsomely, or it could sink a student's future. am The decision to attend college is risky. True False O
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