In today’s economy, people are beginning to wonder about the benefits of going to college and earning a college degree. It is true that in recent years college grads are having a harder and harder time finding employment –a fact typically applies to new graduates. The rising cost of a college degree is nigh outrageous, yet the rising cost of not going to college are about the same. The economic gap between college-educated persons and their less-educated peers is widening every year and that trend is continuing year over year. Here are some compelling reasons to show that earning a college degree is still more beneficial than not.
7 Benefits of a College Education
A college grad earns more than a non-grad. The earnings gap between Millennials with a bachelor’s degree and those without is widening year over year.
Benefits go beyond financial earnings. Millennials with college degrees have lower unemployment rate and poverty rates than those without degrees. College-educated Millennials are more likely to be married and less likely to be living in their parents’ home.
College grads find more satisfaction with their jobs. Millennials with college degrees see themselves as having a career path, instead of just a job to pay the bills.
The cost of not going to college is rising. Compared to earlier generations, Millennials with only a high school diploma are suffering more economically.
College grads agree that a college degree is worth it. Nearly nine out of ten college graduates state that college is or will be worth the investment.
College majors matter more than you know. Science and engineering majors are more likely to stay in a career related to their field of study than other majors. They are also the least likely to say that another major would have better prepared them for the jobs they really desired.
College grads are happier and healthier overall. Those with college degrees have better health, exercise more, and smoke less. They tend to live about 9 years longer than those who don’t graduate from high school. College educated people also volunteer and vote more, creating a great addition to their communities.
How has your degree helped you? or has it?