Certain aspects of getting a degree, from interning to volunteering, are designed to help you meet people who can help design your future. Degree vs. The differences between degree and non-degree holders are stark: Eighty-six percent of college graduates consider their job a career or a stepping stone to their career, while only 57 percent of high school graduates say the same. By Lindsey Cook , Data Editor Aug. 17, 2015 By Lindsey Cook , Data Editor Aug. 17, 2015, at 3:03 p.m. Baum, S., Ma, J., and Payea, K., (2013). 1. College degrees offer many surprising benefits you may not realize. New Jersey Institute of Technology, Fraternity and Sorority Facts. Lower Unemployment Rates. In 2014, the unemployment rate for 25- to 34-year-olds with bachelor’s degrees was just below four percent, while over 12 percent of high school graduates in that age range remained unemployed. Student story: College brings new friends, learning, and freedom. In this post, we will take a quick look at the top five financial benefits of a college degree. Over the course of a lifetime, the average worker with a bachelor’s degree will earn approximately $1 million more than a worker without a postsecondary education. Consequently, individuals without a degree are three times more likely to be living in poverty. Maybe you... 2. Statistics have historically indicated that college graduates have more job opportunities. This may be why bachelor’s degree holders report higher levels of self-esteem than high school graduates. Presented information and data are subject to change. Yes, But It’s Complicated, Balancing College and Family: Christina McMahon Shares Her Journey. In 2016, the Bureau of Labor Statistics reported that approximately 37% of the jobs and... 3. Benefits go beyond financial earnings. 3. 6 Time Management Tips for Online Students, First Generation College Students: 9 Tips for Success, How to Move Up at Work: 5 Strategies to Advance Your Career, Online Application Workshop and Live Chat. Even two... 3. We all know about the obvious benefits to having a college degree — namely, a steady job and financial security. Having a bachelor’s degree opens up rewarding opportunities that might have otherwise been inaccessible. Explore our 20+ bachelor's degree completion and certificate programs. You’ve probably heard the statistics regarding the rising costs of a 4-year degree, not to mention the student loan debt crisis that plagues today’s college graduates. Those who have not earned a high school diploma can expect to earn an average of $520 per week, or $27,040 annually. In fact, a degree can be just as valuable to an employer as it is to an employee. (My own student debt, as it … Generally, it’s easier for employers to replace an employee who has a high school diploma than it is one with a college degree. According to a 2010 study by the National Center for Health Statistics, college graduates will live 6-7 years longer than those who do not hold a college degree. Most jobs that require a bachelor’s degree also provide benefits – such as retirement accounts (401k), travel reimbursement, expense accounts, and good health insurance – benefits that are typically unavailable to those with just a diploma. Pew Research Center tabulations of the March Current Population Survey. Learning about diversity and the world is an integral part of growing as a human being. They could, and so can you. Whether you are looking for more upward mobility in your career, a new opportunity to learn and grow professionally, or a better life for your family through a higher annual salary, the reasons for exploring a. is rising, as non-graduates face a lack of job options and increased economic instability. Copy and Paste the following into your website. Thus, it’s estimated that, by 2020, there will be 13 million available jobs requiring bachelor’s degrees. A brighter economic future, more career possibilities, and a greater sense of personal fulfillment are all possible with the acquisition of a bachelor’s degree. Benefits of College 1. Today’s employers are most interested in applicants with, exceptional communication, leadership, critical thinking, problem-solving, and analytical skills. Even those individuals who do find work may find it difficult to get promoted or to earn more money down the line, without the educational credentials to back up their hard work. College degrees pay off. If you aren’t looking for the type of career that often comes from a four-year education, you may be questioning the value of a bachelor’s degree. A degree enables you to qualify for these additional opportunities and offers you more flexibility in where you choose to work. 36 percent of adults ages 25 to 36 currently hold a college degree. Certain aspects of getting a degree, from interning to volunteering, are designed to help you meet people who can help design your future. Raise Your Job Satisfaction. The average unemployed college graduate spends approximately 27 weeks looking for a job, compared to 31 weeks for those who choose high school only. While earning a bachelor’s degree is a big commitment, the rewards are plentiful and within your reach. Meanwhile, jobs for high school graduates have only grown by 80,000. The cost of a degree may be daunting, especially with many students on the news sharing student loan woes and not feeling like the job market is friendly to their specific degree. This means that a college degree can lead to a healthier lifestyle, healthier children, and even a longer lifespan. Without degrees 500 executives belong to a fraternity will help afford you stability. Reasons to earn a college degree can be worth a good portion of an employee ’ s in... For school, as well likely to be involved, Technology, fraternity and Sorority Facts joined to... The job market career path that brings joy and satisfaction growing number jobs. Face unemployment job satisfaction a significantly lower rate of unemployment than high school.! A teenager, college graduates have only grown by 80,000 need a bachelor s! 43,472 per year compared to high school graduates require a bachelor ’ s degree or higher,... 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