The Value of a College Degree

The value of a college degree for job seekers in today's workforce cannot be understated. The number and of jobs available for college graduates is much greater and they often have higher salary and benefits.

Availability of Jobs

The number of jobs that require a college degree or where a college education is an advantage is increasing. In previous generations, there were many levels of jobs available for those without a college education or in some cases, even a high school diploma. However now many of these jobs simply do not exist any longer, or now require college education.

Industrial jobs, trades and skilled labor were more prevalent before the rise of computer technology. Now many industries require a smaller workforce because of technological advances. Even though not as many assembly line workers are needed, there are many jobs available in engineering, management and business administration in which a the value of a college degree is evident.

Types of Jobs

The value of a college degree in scientific, manufacturing and engineering fields is very high. College students can now study highly specialized science related degrees that apply directly to business settings. Safety engineering, environmental science and DNA analytics are examples of highly specialized fields that have become in demand in just the past 10 years or so.

The value of a college education is also the educational opportunities that it presents to students. Students are required to take a variety of basic education courses such as math, sciences, literature and basic computing and to choose electives. Often students discover during one of these courses that they have an interest or talent for a subject and begin to understand its potential in the job marketplace.

While obtaining a specialized degree is necessary in some fields, sometimes just having a college degree is important, regardless of the field of study. Employers want to know that their employees have a well rounded basic education.

The value of a college degree will be proven when your resume is chosen over those who did not make the commitment to complete their education.

Salary & Benefits

A value of college degree is evidenced in higher wages and salaries. In the Winter 2004-05 Occupational Outlook Quarterly, The US Department of Labor reported that "In 2003, workers who had a bachelor's degree had median weekly earnings of $900, compared with $554 a week for high school graduates-that's a difference of $346 per week, or a 62 percent jump in median earnings."

These figures are a bold statement about the value of a college degree for attaining higher paying jobs.

Job seekers will also find that positions that may not actually require a college education will still pay more to those who have a degree. Jobs seekers with a college education will earn higher salaries, even when the degree is not directly required for the job.

Jobs that do not require a college education often have fewer benefits. These jobs often provide no retirement or health insurance benefits which are imperative to financial security and the stability of the family.

The Value of a College Degree: Conclusion

Attending and graduating from college is the best way to prepare for a career that pays well and provides a means to a secure future. The value of a college degree is increased job opportunities, higher salaries and benefits and expanded educational ho


 

 

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