Berevan Omer graduated on a Friday in February with an associate’s degree from Nashville State Community College and started work the following Monday as a computer-networking engineer at a local television station, making about $50,000 a year.
That’s 15% higher than the average starting salary for graduates — not only from community colleges, but for bachelor’s degree holders from four-year universities.
“I have a buddy who got a four-year bachelor’s degree in accounting who’s making $10 an hour,” Omer says. “I’m making two and a-half times more than he is.”
Omer, who is 24, is one of many newly minted graduates of community colleges defying history and stereotypes by proving that a bachelor’s degree is not, as widely believed, the only ticket to a middle-class income.
Nearly 30% of Americans with associate’s degrees now make more than those with bachelor’s degrees, according to Georgetown University’s Center on Education and the Workforce. In fact, other recent research in several states shows that, on average, community college graduates right out of school make more than graduates of four-year universities.
Chosen excerpts by Job Market Monitor
Millennial Branding, a Gen Y research and consulting firm and StudentAdvisor.com, a Washington Post Company and the leading free learning resource for students, today announced a new report on how students are developing their careers while in college. The report, The Student Career Development Study, shows that students are not aggressively preparing for their post-college …Continue reading »
Not all college degrees are created equal. This is according to a recent report by Georgetown University’s Center on Education and the Workforce. The major you choose could reduce your chances of being part of the latest unemployment statistic—or make you the newest member of the club. It would be in your best interest to … Continue reading »
“Political leaders, prominent foundations, and college presidents have argued that the nation must increase the proportion of adults with college degrees in order for America to remain competitive in the global economy” write Richard Vedder, Christopher Denhart, and Jonathan Robe in Why Are Recent College Graduates Underemployed? University Enrollments and Labor-Market Realities (Adapted quotes to follow). Supporting those … Continue reading »
I like to make this chart of unemployment rates by education attainment every few months. And it’s been a few months, so: Here’s what this graph does not say. It doesn’t say that college is guaranteed to get you a job, especially right out of school. It also doesn’t say that college drop-outs are destined … Continue reading »
The number of California college graduates working in low-paying jobs rose by 60,000 from 2006 to 2011 according to the U.S. Census Bureau. Throughout the state, 260,000 recent college grads under the age of 30 are working on the front lines of food service and retail industries where historically those jobs have gone to workers … Continue reading »
How Much Protection Does a College Degree Afford? Past research from Pew’s Economic Mobility Project has shown the power of a college education to both promote upward mobility and prevent downward mobility. In the wake of the Great Recession, however, many have questioned whether the advantageous market situation of college graduates has suffered under the pressure …Continue reading »
For much of the first decade of the new millennium, Samuel J. Palmisano and A.G. Lafley led two of the biggest names in American business: IBM and Procter & Gamble. By the time they were named chief executive officers, the two iconic companies were in need of the makeovers the two leaders eventually helped engineer. … Continue reading »