According to 2007 survey from the University of Chicago, some of the most satisfying occupations include that of a physical therapist, firefighter, teacher, clergy, psychologist, education administrator, operating engineer, and office supervisor. The biggest advantage of going to college is the gateway to increased opportunity. Just one additional year of college education can decrease your mortality rate by 15% to 19%, according to a 2016 report by the Brookings Institute. in a savings account to having marketable skills and an education during an economic downturn, having a degree can come in handy when life throws you a curveball. The data below was gathered by the United States Census Bureau and suggests a strong positive correlation between degree level earned and salary potential. That’s right. College is important for many reasons, including long-term financial gain, job stability, career satisfaction and success outside of the workplace. In fact, the debt alone is one of the reasons why college grads say that they regret getting a degree. And the career networking opportunities typically increase with every level of education attained (e.g. The proportion of adults smoking daily falls significantly with an increase in education, the report states, from 20% of high school graduates without any college education to 5% of those with bachelor's degrees and just 3% of workers with graduate degrees. According to the Lumina Foundation report, 40% of working-age adults with a bachelor's degree volunteered in their community within the past year, compared to just 17% of high school graduates without any college education. And earning a degree is the best way. Certain jobs, however, inherently have a lower unemployment rate than others. Information, though believed correct at time of publication, may not be correct, and no warranty is provided. College graduates see 57 percent more job opportunities than non-graduates, and it is estimated that, by 2020, two-thirds of all jobs will require postsecondary education. 1. Increased Access to Job Opportunities. The BLS reports that college graduates may benefit from increased job security, as individuals with college degrees have a lower average unemployment rate than those with a high school education. So, is four years of college education (at a cost of about $50,000) worth earning an extra $1 million dollars over the course of a lifetime? Human Resources College Degree Required. Find your degree from over 200 online programs. There are exceptional people who don’t have college degrees and have had super successful careers. That being said, attending college is often a smart decision for students. by Susana Kuehne. A college education is important for many students because it opens the doors to opportunities they would not have otherwise; it helps young people grow into adulthood and it raises the college graduates' income throughout the rest of their lives. A college degree is helpful for many practical reasons, ranging from your increased competitiveness to the increased likeliness that you’ll be promoted within your job. From salary to self-realization, college starts you in the right direction and prepares you for your future. A study produced by Lancet, a reputable medical journal, showed that between 1970 and 2009 there was a significant decrease in infant mortality rates for women as they attained higher levels of education. © 2004-2020 CollegeAtlas.org All Rights Reserved. Just 2.3% of college-educated adults used pay-day and tax refund loans within the last year, compared to 9.2% of high school graduates without a college education. The displayed options may include sponsored or recommended results, not necessarily based on your preferences. Bachelor’s degrees are the most often required, being necessary for about 21.3% of all jobs in the handbook. I’d like to talk of some of the benefits that furthering your education can provide, and as well as the joy it can bring to each and every one of us. During a recession, the unemployment rate among college graduates is substantially lower than the unemployment rate among employees with only a high school diploma. There is also an interesting correlation between a woman’s education and the health of her children. A college degree is also a pathway to higher disposable income. Why Is College Important? One of the most important and obvious benefits of college and reasons to earn a college degree or an advanced degree (Master’s, PhD) is to increase your earning potential. The Real Reason College is Important. College education is important because you need a degree in order to get a good job or a stable career. Studies have also shown that as the level of education increase, so does job satisfaction. Obtaining college degree will almost always improve your career opportunities. First of all, the value of a college education can be taken in all different kinds of aspects. A 2016 report from real estate company Zillow found that 75% of all home buyers were college-educated in that year, compared to just 11% who had a high school diploma only and 14% who attended some college but did not earn a degree. A college degree will substantiate your expertise in a particular career field. You have goals. A College Degree Isn’t As Important As You Think, And This Is Why. It’s the key to a successful life. A college degree also leads to stronger job stability. Work experience also can impact annual salary and lifetime earnings. Importance of College Education People who lack college degrees are more likely to be limited to basic jobs in service, manufacturing and construction … A 2008 report produced by College Board showed that roughly 70 percent of individuals with a four-year college degree received health insurance from their employer, while less than 50 percent of employees with only a high school diploma received the same benefit. Working-age adults with bachelor's degrees are 9.4 times more likely to have a bank account than those with a high school diploma as their highest level of education, according to a 2016 report from the Lumina Foundation. The Importance of a College Degree There are many things that will affect our lives. A college education can empower you in all kinds of ways to be more in control of your life's logistics. Earning a college degree will greatly enhance your marketability as a professional. You'll be better able to weather adversity. Associate Vice President of Product Marketing, 77% of workers with a post-graduate degree, 94% of adults with a bachelor's degree or higher, 40% of working-age adults with a bachelor's degree. Terms of Use We think so. Let’s explore. What positions do you think are first to get cut? These are the top five reasons why college degrees are still important. Despite expectations of a tough post-college market, … When considering the benefits of college, most people only consider the direct impact of a college degree on their own lives – but one of the more hidden benefits of college and earning a college degree is the positive impact it can have on the well-being of their families as well, especially their children. College is important for many reasons, including long-term financial gain, job stability, career satisfaction and success outside of the workplace. It’s because it has more of an impact on a person’s career today than ever before. Presented information and data are subject to change. For example, a bachelor’s degree holder that works in management or engineering can sometimes earn more than someone with a master’s degree who works in education or social work. A person without a college degree … An increasing number of the top jobs – those with the best salaries and the best long-term prospects – require earning a bachelor’s degree. Here are some reasons why a college degree is not only necessary, but worth the expense. Those with advanced degrees, including master’s, doctoral, and professional degrees may earn $2.7 million, $3.3 million and $3.6 million, respectively. Well, that all depends on you – but in most cases, the answer is yes. With more and more occupations requiring advanced education, a college degree is critical to your success in today's workforce. So what are the specific benefits of a college education? Why Consider Going to College? The data below was gathered by the United States Census Bureau and suggests a strong positive correlation between degree level earned and salary potential. A good education can be your way into a prosperous career. Therefore, going to college and gets a degree is important. Privacy Policy People with a bachelor’s degree make over $2.1 million on average over 40 years, almost twice as much as those with a … According to the Bureau of Labor Statistics, having an associate degree suggests that you will be 30% less likely to be unemployed. The Motley Fool. Why it really so valuable? A college degree is correlated to lower unemployment rates. In fact, for the most lucrative career paths, a college degree can be a minimum requirement just to get a job. In addition to the potential to make more money, earning your college degree could also lead to more career stability. Higher education Who else is affected? SHARE. Although being in college is hard in many ways: financially, academically, personally, and more, the returns studying for a college degree are frequently worth it. Does earning a college degree mean that you’re smarter? While earnings of those with a college degree rose, the typical high school graduate’s earnings fell by more than $3,000, from $31,384 in 1965 to $28,000 in 2013. In some instances, a benefits package can be worth almost as much as an employee’s take-home pay. Why is a college degree important? A degree is the best investment you can make. However, people underestimate the degree of personal growth that they’ll experience as they’re working through their degree. Not having a college degree affects more than just your own life. Earning a college degree – at any level – will open doors for you that would otherwise but shut. But, like most fields, the field of education continuously evolves as we develop new technologies and new educational theories of practice to discern the most effective ways to help learners succeed. By earning a bachelor’s or master’s, this same data suggests that you will be 48-56% less likely to be unemployed. Not only does a college degree make you more marketable, it makes you more marketable to a much greater range of career options. Again, looking at the statistics, there are almost twice the amount of jobs that require a college degree compared to just a high school degree. Having a degree means having more options within a field. By Janelle D. Crichlow EN110 Achieving Academic Excellence Ashworth College A college degree is important for a variety of reasons for both the young and the old, namely to develop or improve one’s trade skills, to experience different cultures and to increase one’s educational background in order to attain a higher paying job. College-educated adults were also less likely to have used expensive forms of credit. For these reasons and many others, employers seek after college graduates when looking to fill job positions. During an economic downturn, it’s not uncommon for employers to cut jobs. Leadership, management, research and other desired positions do require university degrees. : According to the U.S. Department of Education college graduates with a bachelor’s degree typically earn 66 percent more than those with only a high school diploma, and are also far less likely to face unemployment. Not only are children of parents with a college education better off socially and economically, but studies have shown that children in households where one or both parents have a college degree are themselves more likely to earn a college degree. 94% of adults with a bachelor's degree or higher reported being happy or very happy with life, compared to 89% of adults with no college education, according to the Lumina Foundation report. College education plays a critical role in our lives as well as a key opens many doors of opportunity to success in the future … Could this actually hurt your business? The Georgetown University Center on Education and the Workforce found that individuals who only finish high school could look forward to earning about $1.3 million over their lifetime, some college increases that lifetime earning potential to about $1.6 million. A Degree Can Boost Your Income, and Improve Your Résumé PeopleImages / Getty. associates, bachelor, master, and doctoral). This is especially true when it comes to healthcare coverage. Even in case you don’t want to become a boss, you definitely want more money on your bank account. According to U.S. News & World Report, some of the jobs with the best job security during a recession include registered nursing, public school teacher, college professor, accountant, federal judge, doctor and air traffic controller. Moving forward in education attainment, an associate degree holder may earn around $1.7 million and a bachelor’s degree holder, about $2.3 million. Studies have shown that college graduates are more likely to receive greater employer-provided benefits than employees without a college degree. A 2016 study by the Lumina Foundation found that college graduates are 47 percent more likely to have health insurance and … 65% of adults ages 25 and older with a bachelor's degree or more were married in 2014, compared with 53% of adults with less education, according to a 2015 Pew Research Center report. Check this out. A 2015 report from the U.S. Department of Education found the average worker with a bachelor's degree may earn approximately $1 million more than a worker without a postsecondary education. ... Why going to college is important. Is earning a college degree worth it? About Us A college degree doubles the typical person's annual income. Not surprisingly, college graduates are typically more satisfied with their careers than individuals with a high school diploma – and since we spend almost our entire lives working, job satisfaction can be a large factor in our overall satisfaction with life and sense of well-being. From having more money available (see #1 in this list!) It’s no secret that college graduates earn higher salaries than non-graduates. Earning a college degree enables people to make better choices the rest of their lives. Jobs requiring a college degree generally offer a compensation package that includes health insurance, retirement accounts and even profit-sharing. In 2016, the Bureau of Labor Statistics reported that approximately 37% of the jobs and occupations listed in their occupation handbook require a college degree. BLS data suggests another answer to questions of why is college important: job security. Obtaining a college degree is one way for students to stand out from others in a highly competitive job market. Of all the benefits provided by earning a college degree, this is one of the most valuable. Earning a college degree can have a ripple effect that will influence the well-being of generations to come. College graduates are typically more satisfied with their careers for a number of reasons. Typically those at the bottom of the totem pole – positions requiring unskilled labor. For example, a patient assistant in a hospital may want to be able to help with medical procedures and be more involved in patients’ care plans. Learn more about why a college education is important here. College Degrees Create More Career Opportunities. A Lumina Foundation report found that college degree holders demonstrate healthier habits than non-degree holders. To begin with, most of the people who have a college degree have better jobs. College Education is most important because its knowledge that can never be taken away from you and you will always have your college education to fall back on. But earning an accredited college degree can also have a significant impact on other areas of your life. Whether you need a bachelor's degree to get into a career or want a master's degree to move up in your current career, SNHU has an online program for you. Not surprisingly, most of these jobs also require a college degree. Earning a college degree helps people make better choices about everything from mortgage rates to investment plans to launching a new business. Nowadays, college degree is important to the person’s life, and it gives the person several positive things which affect their future life in a better way. _____ With more and more occupations requiring advanced education, a college degree is critical to your success in today's workforce. Follow her on Twitter @Suze1776  or connect on LinkedIn. According to BLS data, just 2.2% of workers with a bachelor's degree are facing unemployment, compared to 4.1% of workers with only a high school diploma. The first important reason why earning a college degree is that it provides a person with better job opportunities and a conducive environment for professional growth because it equips an individual with proper training that may be required in a particular field. Contact Us A degree could mean a longer-lasting marriage, too. 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