If you have a high school degree, you’re better off; if you’ve started some college, you’re doing better; and if you have a college degree, you’re doing the best of all. So, that’s the proof in the pudding: The more education you have, the better off you are.
Now, on the other hand, one thing that’s surprising to many people is that the percentage of the population that has a college degree has been relatively stable in the 30% range. Right now, it’s at 38%. It hasn’t gone up drastically. And there is a huge part of the population that could probably use yet more college education. Putting these two together, college absolutely pays. And we need to get more people into college because it’s not as big of a percentage as what it really could be.
The U.S. Bureau of Labor Statistics estimates that only 27 percent of jobs in the U.S. economy currently require a college degree. By comparison, the U.S. Census Bureau reports that 47 percent of workers today have an associate degree or higher. The BLS projects that the proportion of jobs requiring a college degree will barely … Continue reading
Education was historically considered a great equalizer in American society, capable of lifting less advantaged children and improving their chances for success as adults. But a body of recently published scholarship suggests that the achievement gap between rich and poor children is widening, a development that threatens to dilute education’s leveling effects… One reason for … Continue reading
You probably know lots of reasons why it’s smart to stay in school. Well, here’s one more: You’re less likely to be unemployed. According to data released in January 2014 from the U.S. Bureau of Labor Statistics (BLS), the higher your level of education, the lower your rate of unemployment. In the last decade, as … Continue reading
For those who question the value of college in this era of soaring student debt and high unemployment, the attitudes and experiences of today’s young adults—members of the so-called Millennial generation—provide a compelling answer. On virtually every measure of economic well-being and career attainment—from personal earnings to job satisfaction to the share employed full time—young … Continue reading