No one will deny that a college degree will increase your lifetime earnings. Obtaining a college degree can increase profitability throughout your career. Individuals with a bachelor’s degree earn around 80% more money per week than those who have a high school diploma, and this income gap has been widening over time. Education pays off in terms of higher earnings and lower unemployment rates according to the U.S Bureau of Labor Statistics (2022). Individuals with a master’s or doctoral degree tend to earn even higher wages. College education provides individuals with the knowledge and skills needed for high-paying jobs in various industries including healthcare, technology, and education.