Obtaining A College Degree Essay

Obtaining A College Degree Essay-26
The top paying majors unsurprisingly include STEM (science, technology, engineering, and mathematics), health and business.The majors with the lowest median earnings are in education, arts, and social work.Georgetown’s study is chock full of great information that includes tools that allow you to see the average income in various fields based on the degree obtained.

The top paying majors unsurprisingly include STEM (science, technology, engineering, and mathematics), health and business.The majors with the lowest median earnings are in education, arts, and social work.Georgetown’s study is chock full of great information that includes tools that allow you to see the average income in various fields based on the degree obtained.

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Footing the college bill can be a tough pill to swallow when you couple the costs with the fact that we may see graduates around us out of work.

While I’m not recommending students pick up unnecessary student loan debt, I do think that there is enough evidence to encourage our children to go to college.

People who argue that college is worth it contend that college graduates have higher employment rates, bigger salaries, and more work benefits than high school graduates.

They say college graduates also have better interpersonal skills, live longer, have healthier children, and have proven their ability to achieve a major milestone.

Those with a high school degree face 17.9 percent unemployment versus 5.6 percent for college graduates.

Now that we've seen that a college degree is (more than) worth it, let's look at how the major you select can make a difference to your earnings down the road.

A study released by Georgetown’s Center on Education and the Workforce reveals that the difference in lifetime wages for different majors is enormous.

In fact, the difference between lifetime wages for the highest and lowest paying majors is .4 million!

In 2016, the average income for people 25 years old and older with a high school diploma was ,615, while the income for those with a bachelor's degree was ,482, and ,525 for those with advanced degrees. College graduates are more likely to receive on-the-job formal (22.9%) or informal (17.2%) training, more access to technology, greater autonomy, and ability to enhance skills compared to high school graduates.

58% of college graduates and people with some college or associate's degrees reported being "very satisfied" with their jobs compared to 50% of high school graduates and 40% of people without a high school diploma.

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