Introduction In contemporary society, higher education has become a core aspect of success and development and ascension into various economic classes (Haveman & Smeeding, 2006). Higher education is a gateway to good jobs, careers, and lifestyles. This is demonstrable through the emphasis that parents of high school students put on the importance of college admission. Students are encouraged to study hard and get good grades that will enable them to pursue higher education. Parents believe that it is the role of the government to ensure that all students who qualify for higher learning get adequate opportunities despite the rising cost of education. Higher education equips graduates with the knowledge, experience, and skills that are important for the attainment of success in their lives (Henderson-King, & Smith, 2006). It is impossible to pursue any careers without first pursuing higher education. Even careers that do not require higher education often favor the most educated in the specific field. Employers look for people with excellent qualifications. For that reason, higher education has become competitive, imperative, and expensive. The value of higher education in society Higher education has great value in today’s society. First, it gives people an opportunity to pursue their interests and passions (Haveman & Smeeding, 2006). For example, my passion for business and management motivated me to pursue a degree in human resource management. Knowledge acquired in school helps people to pursue their career and develop them to great heights. Secondly, higher education equips individuals with various sets of skills that are necessary for the attainment of goals and objectives (Henderson-King, & Smith, 2006). Examples of these skills include communication, tolerance, perseverance, compassion, honesty, critical thinking, and planning. These skills are acquired by participating in discussions, practical sessions, completing homework, conducting research, and doing assessment tests (Haveman & Smeeding, 2006). The main advantage of higher education is that skills acquired are useful in all aspects of life. People use them at home, at their workplaces, and in the community. On the other hand, education teaches people to develop certain dispositions that include curiosity, positive attitudes, strong beliefs, and insight. Research has found out that higher education not only provides knowledge in specific fields but also develops cognitive skills that are valuable (Henderson-King, & Smith, 2006). Third, higher education enables individuals to earn a living through employment and pursuance of career opportunities (Keeling & Hersh, 2012). Many people rise to the middle-class lifestyle through pursuing education. It is difficult to secure a stable and well-paying job without higher education. Fourth, it provides an opportunity for upward social mobility (Keeling & Hersh, 2012). A college or university degree exposes individuals to endless opportunities. Securing a job is the most common channel of earning an income in order to support one’s family. Unlike in the informal or private sector, pursuing higher education is not as strenuous as trying to start a business. With the proliferation of different sectors of the e