Given the high cost of a college education, it makes sense to wonder if a degree is still worth your time and money. Studies show that there are many benefits associated with higher education, including some of these surprising ones we listed below.
- Longer Life Span: For Americans with less than a high school education, the risk of dying prematurely is on the increase while the risk of premature death among college graduates is falling. Moreover, white high-school dropouts are four times more likely to die young than white college graduates.
- Better Luck In Love: College educated are more likely to get married than high school grads. They are also less likely to get divorced and more likely to report being happy in their marriage.
- Education Matters Even More for Women: Women who graduate from college earn about 76% more over their lifetime than women who only complete high school.
- Much Higher Lifetime Earnings: Over the course of an adult’s working lifetime, high school graduates can expect, on average, to earn $1.2 million; those with a bachelor’s degree, $2.1 million; and people with a master’s degree, $2.5 million. Doctoral degree holders earn an average of $3.4 million during their working life.
- Less Likely to Be Unemployed: In February 2010, the unemployment rate among Americans who hold a college degree was 5% compared to 15.6% among Americans who completed high school only.
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