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what are the benefits of having a college degree

by Ivah Prohaska Published 3 years ago Updated 2 years ago
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Benefits of a college education

  1. Higher income. Many people seek a post-secondary degree, such as an associate, bachelor’s, master’s or Ph.D. ...
  2. Employer-offered benefits. Most jobs that require you to have a bachelor’s degree or higher will likely offer better job benefits.
  3. Advantages for your family. Another thing to consider, especially if you have or are planning to have a family, is how your earning potential affects them.
  4. More career options. When first considering pursuing a college education, you may not have decided your career path. ...
  5. Job security. Another thing to consider when deciding to go to college is job security. ...
  6. Job satisfaction and happiness. If you pursue a college education, you could be more likely to find a job you will enjoy. ...
  7. Networking. Being able to expand your professional network can be helpful when starting a career. ...
  8. Personal development. Besides the practical reasons for getting a college degree, also consider the personal growth you will likely achieve with higher education.
  9. Employer interest in furthering your education. Sometimes, having educated employees is so crucial that companies will even pay for an employee to return to school by covering tuition costs ...

10 Benefits of Having a College Degree
  • Increased Access to Job Opportunities. ...
  • Preparation for a Specialized Career. ...
  • Increased Marketability. ...
  • Increased Earning Potential. ...
  • Economic Stability. ...
  • Networking Opportunities. ...
  • A Pathway to Advancement. ...
  • Personal Growth and Improved Self-Esteem.
Jan 9, 2020

What is a personal benefit of earning a college degree?

  • Some college, no college: 2.6%
  • Postsecondary nondegree award: 6.0%
  • Associate degree: 2.4%
  • Bachelor’s degree: 21.3%
  • Master’s degree: 1.7%
  • Doctoral or professional degree: 2.5%

Which is a good reason for getting a college degree?

Top 10 Reasons Why College is Important

  1. College graduates earn more on average. According to the U.S. ...
  2. Workers with a college degree are less likely to face unemployment. ...
  3. College graduates are more likely to experience job satisfaction. ...
  4. A college degree can boost your financial savvy. ...
  5. College degree holders are more likely to be homeowners. ...

More items...

What are three financial benefits of earning a college degree?

or higher were:

  • More likely to receive employer-provided retirement plans
  • More likely to receive employer-provided health insurance
  • Less likely to live in household receiving public benefits (Medicaid, SNAP, free-and-reduced price lunch program).

Does having a college degree make you any better?

The benefits of a college education include career opportunities like better paying and higher skilled jobs, but studies have shown that it also leads to overall happiness and stability. Many people know that they want to attend college, but don't know exactly why, or how it will enrich their lives.

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What are 5 benefits of a college degree?

5 benefits of a college degree.You will be more marketable. ... Access to more job opportunities. ... Higher earning potential. ... Opportunity to change industries. ... Greater job stability.

What are the 10 benefits of a college degree?

10 Benefits of a College DegreeEarn more money, experience less unemployment. ... Raise your voice! ... Call the shots—be your own boss. ... Transform your family tree. ... Invest in and shape our democracy. ... Never stop evolving. ... Pay it forward. ... Bring your ideas to fruition.More items...•

Why is it important to finish you college degree?

Completing a college degree correlates with higher wages, higher employment levels, and better ratings of financial health. Other research regularly shows that degree holders earn substantially more over their lifetime compared to those with a high school education. Our study goes one step further.

Is a college degree worth it?

Despite the rising cost of post-secondary education, a college degree still pays off for the majority of graduates. On average, those with a bachelor's degree earn significantly more than their peers with only a high school diploma.

What do you hope to gain from college?

What Do You Hope to Gain by Going to College?Expanding Your Knowledge. A college education will expose you to a wide range of subjects areas and will help you build a well-rounded knowledge base. ... Money Matters. ... Getting a Job. ... The Overall Experience.

Does life get better after college?

The ability to make more money and get your life and career started is a major reason that life gets better after college. The more time you can spend working on growing your career and learning to enjoy your life while making money, the more you will feel that your degree has paid off.

What are the 3 main benefits of a university education?

The benefits of university educationUniversity graduates gain professional qualifications that are recognised and respected worldwide.University graduates are offered higher pay and greater financial stability.University graduates are given the option to fast-track their career with graduate study.

What is one benefit for US workers who have a college degree rather than a high school diploma?

College-educated workers enjoy a substantial earnings premium. On an annual basis, bachelor's degree holders earn about $32,000 more than those whose highest degree is a high school diploma. The earnings gap between college graduates and those with less education continues to widen.

How do college graduates benefit society?

Through volunteer work, leadership, and philanthropic contributions, public university graduates enrich the civic and economic life of their communities. They also contribute more in taxes and are less reliant on government services than their peers whose highest degree is a high school diploma.

Is degree important for success?

Even if a degree is not needed in the beginning, it may be required in order for you to move higher up within your company or field. That being said, you can certainly be successful without a college degree — your skills and talents can get you hired.

Greater Earning Potential

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...

Better Employment Benefits

Studies have shown that college graduates are more likely to receive greater employer-provided benefits than employees without a college degree. Th...

Increased Benefits to Your Children

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...

Heightened Ability to Make Good Choices

Earning a college degree enables people to make better choices the rest of their lives. Not only does a college education provide an individual wit...

Improved Ability to Communicate Effectively

A college degree also has a very positive impact on an individual’s written and verbal communication skills. Of all the benefits provided by earnin...

What are the benefits of college graduates?

Across the board, college graduates are able to find jobs with better benefits. In addition to health care insurance, college graduates can look forward to better retirement matching, health savings accounts, tuition reimbursement, free childcare and reimbursement for travel and commuting costs.

What are the benefits of college?

Benefits of College. 1. Greater Earning Potential. 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 data below was gathered by the United States Census Bureau and suggests a strong positive correlation between degree level ...

Why are college graduates more satisfied with their jobs?

College graduates are typically more satisfied with their careers for a number of reasons. They’re able to find higher paying careers. They’re able to get into positions with job advancement opportunities. They’re able to get hired by employers that provide generous benefits.

How does a college degree affect communication?

A college degree also has a very positive impact on an individual’s written and verbal communication skills. Of all the benefits provided by earning a college degree, this is one of the most valuable. Communication skills will influence just about every aspect of your life.

Why do people get college degrees?

Not only does a college education provide an individual with new knowledge and information , it teaches them how to think critically , how to break apart and reconstruct complex issues, and how to solve problems. Earning a college degree helps people make better choices about everything from mortgage rates to investment plans to launching a new business.

How much less likely is it to be unemployed with an associates degree?

By earning a bachelor’s or master’s, this same data suggests that you will be 48-56% less likely to be unemployed.

Is college good for kids?

Increased Benefits to Your Children. 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.

How can students benefit from college experience?

Current students can greatly benefit from utilizing their college experience to help them make important connections. Education and networking go hand in hand, and college graduates may find a former student classmate or professor ends up helping them land their dream job. 3. Higher earning potential.

Why do people get raises when they graduate college?

Some people may see a raise as soon as they enroll as a student in college, because their employer values and appreciates the many benefits that education can bring to them.

How much does a high school diploma make?

Those who have a high school diploma earn an average of $37,000 per year. Those with a bachelor’s degree can expect to make an average of over $60,000 per year. And those with a master’s degree can expect to earn an average of more than $72,000 per year—nearly twice what a high school graduate will expect to make.

How many jobs require a bachelor's degree?

In the next few years, it’s expected that 13 million jobs will be available and will require a bachelor’s degree.

Do college graduates have more job opportunities than non-graduates?

College graduates see 57% more job opportunities than non-graduates. A degree enables you the opportunities that you’re hoping for, and flexibility to choose where you work. Hiring managers may use a bachelor’s or master’s degree requirement as a primary requirement for candidates.

Is a degree a must have?

And a recession is often an ideal time to consider a new position, so a degree is a must-have. A degree will help give you the resume boost, as well as the specific skills you are likely to need in order to succeed in a new field. For most people hoping to move into a new industry, a degree is the first step. 5.

How much do college graduates make?

In contrast, college graduates with at least a Bachelor’s degree earn an average of just over $50,000 per year. Those with a higher level degree like a Master’s or Doctorate may expect to make an average close to $70,000 per year.

What are the life skills you need to be a college student?

Many of life’s challenges present themselves in college, and being able to pick up valuable skills like time management, reading comprehension, effective communication, juggling multiple responsibilities, and dealing with different types of people will take you a long way!

Why is job security important?

Job Security. Job security makes the day-to-day less stressful because you are able to provide for yourself and your family. Securing a college degree under your belt may equate to higher income, and also lead to other work perks like travel, health care, retirement investment, and more.

How much do high school graduates make?

According to a national report by the State Higher Education Executive Officers Association, high school graduates only earn an average of about $30,000 per year.

Is college an investment?

It’s safe to think of college education as an investment for yourself and your family. Graduating from college will not only lead to increased job opportunities and more competitive pay, but it will also equip you with the necessary skills to continue moving up in your future career and life in general!

Is college better than high school?

With that said, having a college degree can lower your chances of being unemployed, and present you with better career opportunities.

What are the benefits of college?

Use them to help you decide if going to college is the right choice: Higher income. Employer-offered benefits. Advantages for your family. More career options. Job security. Job satisfaction and happiness. Networking.

What are the benefits of having a bachelor's degree?

Some of these include health care coverage, retirement plans, paid time off (PTO), flexible schedules and other perks.

Why is it important to expand your professional network?

Being able to expand your professional network can be helpful when starting a career. By getting to know other students pursuing similar careers and other professionals in your field, you will be able to gain professional insights you may not have otherwise.

Why do people want a post secondary degree?

Many people seek a post-secondary degree, such as an associate, bachelor’s, master’s or Ph.D. in pursuit of careers that offer better pay but demand a more intensive skill set. College graduates typically earn significantly more money throughout their lifetimes.

What to consider when deciding to go to college?

Job security. Another thing to consider when deciding to go to college is job security. If you are more skilled and have a college degree, you may be more valuable to your employer. This is especially the case for jobs or careers wherein college education is expected or standard. 6.

What do you need to succeed in college?

College prepares you to enter a professional working environment and provides you with the skills you will need to succeed, such as writing skills, analytical skills and the ability to think critically. For example, you could major in history but apply those skills to a career in financial planning.

What do you learn in college?

You will also learn other skills like time management, organization and multitasking.

Why do I need a college degree?

Earning your college degree will help you realize your goals in your career as well as life in general. It requires a lot of hard work, but that work prepares you for a challenging and rewarding career and a more fruitful life. 6. Networking.

Why is college important?

The benefits of a college education include career opportunities like better paying and higher skilled jobs, but studies have shown that it also leads to overall happiness and stability.

What do high school graduates do?

A large majority of high school graduates work in the service industry, in low paying jobs that don't offer many opportunities for advancement. College graduates, on the other hand, tend to have skills that qualify them for a broad range of employment in fields that offer more upward mobility. 4.

Why do college graduates end up in fields that are not what they studied in school?

Because college gives you a broad range of skills, many college graduates end up in fields that are not what they studied in school. College can open up unexpected opportunities that aren't always there for those who haven't engaged in a higher level of education.

How much do college graduates make?

According to a national report by the State Higher Education Executive Officers Association (sheeo.org), high school graduates earn an average of almost $30,000 per year.

Why are employment benefits important?

Part of the reason employment benefits are so important is because they offer stability for your family, especially in the case of health care.

What is the best way to get a better job?

Better Career Opportunities. Earning a college degree is the most common pathway to a better career. Entering college, not everyone knows what they want to do when they grow up. But most know they want to have a better job-not only one that will pay more, but one in which they are more satisfied and secure.

What are the benefits of college?

Here are 12 surprising benefits of a college education. 1. Higher Job Satisfaction. Job satisfaction takes into account workers’ feelings about the work they are doing, the people they work with, the compensation they receive, and all other aspects of day-to-day and long-term work life. Those with college degrees have higher job satisfaction ...

Why is college important?

Build a Social Network. The social benefits of going to college are arguably the most important besides money because they usually help you snag that high-paying job. Your friends in college will go on to work throughout the country in various fields.

Why do college graduates vote?

In part, this happens because college degree holders often understand political issues more than high school graduates. Another factor is that college graduates are more likely to register to vote. 12.

What is the pay gap for college graduates in 2021?

In 2021, college graduates with a Bachelor’s degree had median weekly earnings of $1,416 as compared to only $789 per week for those with a high school diploma. Recent findings show that the pay gap is at an all-time high as of March 2021. What you may not realize is that there are many other benefits besides just the financial benefits of a college degree.

How long do people with a college degree live?

The Center for Disease Control believes that those with a college degree live roughly nine years longer than those without a high school diploma. Bachelor’s degree holders typically have access to better medical care and are more likely to make healthier lifestyle choices.

How does job satisfaction relate to college?

Job satisfaction takes into account workers’ feelings about the work they are doing, the people they work with, the compensation they receive, and all other aspects of day-to-day and long-term work life. Those with college degrees have higher job satisfaction than those that only have a high school education. Their jobs also come with more responsibility and salary-based pay, so employees also have stronger medical, retirement, and paid time-off plans. When it comes to getting a raise or a promotion, someone with a college degree will also be more qualified.

Does a bachelor's degree affect you?

Your bachelor’s degree does not just affect you. Children of college graduates are more likely to attend college themselves and pursue their dreams. This will set them up for a better financial future and give them all of the benefits that come with a degree.

Why do people get degrees?

Earning a degree allows a graduate opportunities which provide better rewards, including but not limited to health care, retirement investment, and travel. Depending on a graduate’s position, these advantages add up to more than take-home pay, and this can make a vital difference, especially regarding healthcare for a family. Historically, families of college graduates are generally better off economically and socially. Degree holders have lower unemployment and consequently lower poverty rates, are more likely to read to their kids, and are twice as likely to be active in furthering their children’s higher education.

Why is it important to attend an accredited college?

Attending an accredited college is a certain way to get in touch with fellow peers and alumni looking to fill open positions and achieve the same sort of success in the same career. In the right learning environment, socializing becomes the new job recommendation, which leads to better opportunities with a good support system.

What are the responsibilities of a graduate?

Besides a depth of knowledge in a field of study, graduates have a better understanding of responsibilities which impact their day-to-day existence: comprehending important contracts, understanding how the markets influence retirement, and managing personal and familial finances.

What skills do you need to be successful in college?

You Will Be More Attractive to Employers. On top of field training, college requires analytical and critical thinking, organization skills, and the ability to see a project through from start to finish.

Do degree holders have lower unemployment?

Degree holders have lower unemployment and consequently lower poverty rates, are more likely to read to their kids, and are twice as likely to be active in furthering their children’s higher education. 7. You Install a Down-Payment On Your Future. By attending college, graduates are locking down their own success.

1. You may be better positioned to weather economic downturns

Earning a degree isn’t only about preparing yourself for a one-time employment search—it puts you in a stronger position long term. Even if you graduate in a hot job market where finding work is easy, there’s no guarantee those economic circumstances hold.

4. You may increase your overall earning potential and open new doors

Earning potential is an obvious benefit in attending college. While some career fields and the education paths associated with them will certainly be more lucrative than others, there’s a strong correlation between educational attainment and earning potential.

6. College may be needed for meeting professional licensure requirements

While it might not matter for all of the potential career paths you’re currently considering, a college education is often a requirement tied to professional licensure and certification.

7. It can help you maintain a competitive edge

The modern economy requires workers that are adaptable and willing to learn. Having a college degree is one way to quickly demonstrate that you’re a person who isn’t afraid to work hard and stick with projects when times get difficult. But that isn’t to say that getting a college degree doesn’t require technical know-how.

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Better Career Opportunities & Pay

  • College graduates often have a better chance of securing jobs compared to high school graduates. In fact, the Bureau of Labor Statisticsindicates that college graduates experienced a 2.1% unemployment rate, compared to the 4.3% for high school graduates in April 2018. With that said, having a college degree can lower your chances of being unemploye...
See more on collegestats.org

Job Security

  • Job security makes the day-to-day less stressful because you are able to provide for yourself and your family. Securing a college degree under your belt may equate to higher income, and also lead to other work perks like travel, health care, retirement investment, and more. It’s much rarer to find a job offering all these perks coming out of high school.
See more on collegestats.org

Networking

  • Going to college gives you a chance to meet different people from all over the world. In addition to peers and other students, you’ll be given the opportunity to also make valuable connections with professors, teacher aids, counselors, and more! A great way to make new friends is to join groups or clubs on campus that align with your values and interests. Staying after lectures and discussi…
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Personal Development

  • The final teen years transitioning into the adult years are critical for personal development. Choosing to go to college during these years may be a practical choice for those wanting to expand their knowledge in a particular field and move away from home to experience the dorm life. Along the way, you’ll learn to overcome various obstacles that you may not face if you don’t …
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Life Skills

  • Many of life’s challenges present themselves in college, and being able to pick up valuable skills like time management, reading comprehension, effective communication, juggling multiple responsibilities, and dealing with different types of people will take you a long way!
See more on collegestats.org

Final Thoughts

  • In today’s competitive economy, employment options are becoming more limited for those who choose to enter the workforce right out of high school. In fact, a majority of high school graduateswork in the service industry, which is often associated with lower pay and not as many opportunities for advancement over the years. It’s safe to think of college education as an invest…
See more on collegestats.org

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