Will Receiving A College Degree Improve Your Career Opportunities?
These days many occupations require higher education. While there are endless benefits to consider when it comes to earning your degree, here are our top 10 reasons why college is important.
College graduates earn more on average
According to the U. S. Bureau of Labor Statistics, employees with a bachelor’s degree earned an average of $461 more per week compared to employees with only a high school diploma.
One 2016 report by the U. S Department of Education estimated workers with a bachelor’s degree would make approximately $1 million more throughout their lives than someone without a degree.
College graduates are less likely to be unemployed.
If you’re currently unemployed, obtaining a degree might be the right move for you. According to BLS data, in March of 2018 Onley, 2.5% of workers with a bachelor’s degree were facing unemployment compared to 4.6 of workers with a high school diploma.
College graduates are more likely to enjoy their jobs.
Want to have a career that makes you happy? Few Research found in a 2016 survey that 77% of workers with a post-graduate degree and 60% of workers with a bachelor’s felt that having a degree helped their sense of identity.
College graduates are financially savvy.
Working adults with a bachelor’s degree are nearly ten times more likely to have a bank account than high school graduates, according to a 2016 Lumina Foundation report.
According to the report, college graduates were also less likely to use expensive payday and tax refund loans.
College graduates are more likely to own their own homes.
If buying a home is a long term goal of yours, earning your degree can help you achieve that goal.
Zillow found in a 2016 report that 75% of home buyers were college-educated compared to the 14% of new Homebuyers who had some college experience but no degree and 11% who had Onley their high school diploma.
College graduates marry more and stay that way longer.
Did you know a college degree can even help you with your marriage?
College graduates tend to live longer
According to a Brookings Institute report, an additional year of college can decrease your mortality rate by 15 to 19%, which means people with only their high school diplomas have a mortality rate nearly double that of those with a college degree.
College graduates have better overall health.
College grads get a Boost in happiness.
According to the Lumina Foundation, a whopping 94% of adults with a bachelor’s degree report being happy or very happy with life when compared to 89% of those without a college degree.
College grads Give back.
Lumina Foundation found that 40% of people with their bachelor’s degree volunteered in their community, donated more to charity, were 1.5 times as likely to vote, and was twice as likely to participate in extracurricular organizations.
So whether you’re looking to find more personal fulfillment, improve your overall health and wellness or plan for your future, a college degree will help you get the most out of your life,