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College Is Still Worth It

  • People age 25 and older who hold college degrees earn more money and have lower rates of unemployment on average than those who only hold a high school diploma, according to the U.S. Bureau of Labor Statistics. Average weekly earnings for bachelor’s degree holders were $1,038, compared to $626 for those with only a high school diploma in 2010.
  • According to America’s Career Resource Network, 48 of the 50 fastest-growing jobs in the nation require some type of education after high school. These include many in-demand careers in healthcare and technology.
  • One’s lifelong earning potential during their working years is far greater for those with bachelor’s degrees than for those with a high school diploma, according to the North American Military Financial Education Center. Over an adult’s 45-year working life, someone with a high school diploma would earn $1.5 million on average, while someone with a bachelor’s degree would earn $2.6 million on average.
  • Attending graduate school leads to increased earnings across every discipline, according to study by the Georgetown Center on Education and the Workforce.
  • Many college graduates point out that networking with other likeminded individuals in college not only led to personal growth and a more global perspective, but also helped them find a job or advance in their career, the North American Military Financial Education Center noted.