Argumentative Essay Example: Education Is a Great Investment

As someone who decided to go to college because of the career they chose, I believe I am making a great investment in my education. The desired field that I decided to take upon my future for my career was ECED. This is early childhood education. I want to teach preschoolers. I have had my heart set on this career for YEARS. I grew up raising kids and babysitting and so forth, so I knew this is what I wanted to do everyday for the rest of my life. However, I want to finish school, and then wait till my two kids are old enough to be in preschool themselves before I head to that part of my life. For this I need an associates degree. With this degree, your expected salary is $37,340. IF you would like to know the monthly salary expected, then it is $3111.67. Now, if you're an unskilled worker then it is $23,156. Monthly would be $1929.67. Between me and the unskilled worker, the dollar difference is $14,184. The percentage of difference would be -38%. That doesn’t seem like that huge of a difference, but to some people it is.

For this class we were asked to choose between a car or a house for post-graduation income. I chose a home. I chose this because I would definitely need a home after college because I have a family that is still in the building. I am pregnant and only have enough room for the kids to be in the house that we are until they are a little older and need their own room. We have a two bedroom and would eventually need a 3 bedroom. For a college grad like me, using the career I chose, you could get as much as $291,252.00 but if you are unskilled then you would only get $180,616.80. Now, with this being said, we both would be able to get some good houses but they would have to look more in the city and I would be able to look more out in the country. This is where I would prefer to live anyways. For finding the dollar difference, which is $110635.20 and the percentage difference, which was -38% I used the sum function. I also used the average APR for Indiana housing for my source for help. When I was looking online for houses, I decided to use Century 21 (https://www.century21.com/real-estate/huntington-in/LCINHUNTINGTON/).     I even looked up houses in the range for the unskilled worker. I did not find a house that I really liked. However, most of the houses I saw were decent and were either way over my price range or a little bit below. The house I chose for me was a few blocks away from my grandparents. It is in the country and it was only $249,900. For the unskilled I did find a few houses for them. However, I chose this specific house that was in their price range and was really good for the money they have. It was $175,000. Everything else was way over their range, or not a good as looking house as this one. I chose these two houses because it shows that no matter how much money you were loaned, you have a good chance of finding that AMAZING house. I will provide pictures at the end. 

Let’s talk about retirement. Everybody should be saving up for this. For me and the unskilled worker, we both have some money saved. However, I would have more. They would have about $70,951.43 and I would have about $114,412.09. The dollar difference between this would be $43,460.66 and the percentage difference would be -38%. I found these answers by using the function of sum. To me, I believe that the 25 year balance is feasible for me to live on when I retire if everything was doubled. If it wasn't, I don't believe that it would be worth the time and effort. If I were to double the APR with everything being the same, I would have about $121,104.19 in my retirement account. If I were to double the contribution that I am investing I would have about $719.57 in there. But, if I were to double the time I was investing then I would have $228,824.19 in the retirement account. I believe that if I were to double the contribution and work for 25 years, then I would have $215,871.88 in my retirement account and that is a HUGE influence on it. I would much rather have this much money in there to spend when i retire then only $700. Now, if you were asking which of the ones I named had the biggest influence on the balance, I would say that doubling the time I invested and received $228,824.19 would be the best bet. 

In conclusion I believe that this is an amazing investment and it will eventually pay off. I say this because when I decided to retire and end my service with working, that leaves me with about $215,871.88 in my 401K. With that type of money I would be able to take care of both of my children when they need my help and my grandchildren when they are born.