How-much-is-a-college-degree-really-worth-
By Daniel Kane
A United States Department of Labor survey conducted a few years ago revealed that full time employees at least twenty-five years old earn an average of about $675 a week. Not surprisingly, salaries were tied to educational levels, with workers who had not completed high school averaging $396 weekly, high school graduates with no college earning about $560 a week, and college graduates averaging weekly salaries of just under $1,000.
College graduates with an undergraduate degree only had median weekly earnings of $926, while those with an advanced degree had median earnings of $1,149.
Other studies have determined that the income differential by educational attainment is even higher, with college graduates earning almost a million dollars more than high school graduates during their working lives. And, it seems likely that education level will have an even greater influence on earning power in the future.
The Washington Research Council predicts that, "higher education will become increasingly important for landing high paying jobs", and that good jobs will require higher and higher levels of education in the future.
In addition, well educated workers will continue to be better protected against unemployment, overseas outsourcing, and increasing worldwide competition than their less educated colleagues. But, higher incomes and better job security are only two of the benefits of higher education.
Would you be surprised to learn that college graduates are the group of workers most satisfied with their jobs? If you think about it, you'll realize they are more likely than others to qualify for advancement, change employers, or move from one career
to another. In other words, they are more likely than others to choose their jobs and careers, and make changes if they are unhappy with either. So, it's no surprised they are happier than other workers whose choices may be limited.
Every decent piece of research on the subject concludes that there is a strong correlation between educational level and higher salaries, employment opportunities, career advancement, and job/career satisfaction. Employers know that better educated workers tend to be happier, more motivated, and more productive. Similarly, workers are more aware than ever before that education will propel them ahead and that they can pursue undergraduate degrees or graduate degrees on campuses or online, without interrupting their careers. The result is that adult enrollment in traditional and online colleges is at a record high.
The world is changing faster than it ever has in human history. Workers and employers must be able to learn new skills, adapt to new technologies, and meet the challenges of the global economy. To survive, and to prosper, a good education is more important than ever.
Article Source: http://www.upublish.info
About the Author:
Daniel Kane
Daniel Kane is a university dean. Among his websites are one on the twenty best online colleges, and another on online education and online degrees.
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