Why you Need a Higher Education in Today’s Economy
According to the National Center for Education Statistics, enrollment in secondary institutions has increased by 24% between 2002 and 2012 from 16.6 million to 20.6 million. Most people would agree a higher education will give you more opportunities in today’s economy.
Graduates Earn More than People without Degrees
One advantage of earning a degree is the financial benefits. Research completed by the Pew Research Center reported full-time workers with at least a bachelor’s degree, had a median annual income of $45,500. Those who only had some college or a high school diploma were in the range of $28,000-$30,000. Furthermore, the median earnings of those who have earned a bachelor’s degree are 65% more than the median income of a high school graduate when comparing forty years of full-time work. These facts alone should be motivation to earn a post-graduate degree.
An often overlooked benefit of higher education is people living healthier lifestyles. Statistics show fewer instances of smoking and obesity in those with a college education. Many studies have found a positive trend between education and health-related behaviors. The abilities, mind-sets and thought patterns promoted by education may be responsible for encouraging improvements to health.
A masters of higher education administration would support the idea of college students receiving more opportunities if they earned a degree. With 30% of the American population over the age of 25 holding a bachelor’s degree, this opens up many more job opportunities, since some positions require a college degree. In other words, there is a direct correlation between higher levels of education and securing employment. Another often overlooked opportunity is college-educated workers are more likely to be offered a pension plan by their employer as well as take advantage of employer offered health care benefits.
Experts in Field
Another opportunity is the chance to hear expert opinions and commentaries in your chosen field of study. Many times, faculty can include faculty members who psychologists, authors, sociologists, teachers and more.
Interacting with Others
One other advantage a higher education in today’s economy is the opportunity to interact with others whom you may not have had social interaction if you went right into the workforce. Most colleges and higher education classes have a diverse student population.
The importance and benefit of secondary education is evident in helping graduates earn more money, live healthier lifestyles, provide more opportunities and encourage multicultural interactions. There are many statistics and facts supporting the benefits of higher education.
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