A college degree is also a pathway to higher disposable income. For example, if you want to be a social worker, a social work degree will open doors to potential jobs that fit your passion and interests. Is earning a college degree worth it? According to BLS data, just 2.2% of workers with a bachelor's degree are facing unemployment, compared to 4.1% of workers with only a high school diploma. There are good reasons why a bachelor’s degree is more important than ever. Work experience also can impact annual salary and lifetime earnings. A person without a college degree … Studies have shown that college graduates are more likely to receive greater employer-provided benefits than employees without a college degree. Having a degree means having more options within a field. By Janelle D. Crichlow EN110 Achieving Academic Excellence Ashworth College A college degree is important for a variety of reasons for both the young and the old, namely to develop or improve one’s trade skills, to experience different cultures and to increase one’s educational background in order to attain a higher paying job. And most importantly, they’re able to work in fields and industries that interest them. Increased Access to Job Opportunities. A bachelor’s degree graduate earns $17,500 more per year than a high school graduate and $15,500 more than a student with some college or a two-year degree, according to the Pew Research study. Benefits of a College Education. From salary to self-realization, college starts you in the right direction and prepares you for your future. February 20, 2018 Updated July 30, 2019. During an economic downturn, it’s not uncommon for employers to cut jobs. Obtaining a college degree is one way for students to stand out from others in a highly competitive job market. Not only does a college degree make you more marketable, it makes you more marketable to a much greater range of career options. Studies have also shown that as the level of education increase, so does job satisfaction. Earning a college degree helps people make better choices about everything from mortgage rates to investment plans to launching a new business. They’re able to get into positions with job advancement opportunities. Because on average, a college graduate can expect to earn 50% more than someone with just a high school diploma. Technology is developing beyond our wildest dreams, and complex issues in business, environment, and politics continue to challenge our society. Check this out. A bachelor's degree is now required for jobs that used to be held by high school grads. We think so. _____ With more and more occupations requiring advanced education, a college degree is critical to your success in today's workforce. In today’s educational landscape, instruction has many forms. That being said, attending college is often a smart decision for students. That’s right. A degree is the best investment you can make. Do Not Sell My Personal Information A 2016 study by the Lumina Foundation found that college graduates are 47 percent more likely to have health insurance and … Higher education Moving forward in education attainment, an associate degree holder may earn around $1.7 million and a bachelor’s degree holder, about $2.3 million. by Susana Kuehne. You’ll have Higher Lifetime Earnings Because we value facts over opinion (and know you probably do too), here is a data-driven list of the Benefits of College and the 8 reasons why a college degree is worth the time, effort, and the cost it requires. Let’s explore. 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