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Aug.4,2011
If you are among the post-recession cynics who think a college degree is an expensive, but worthless, piece of paper, here's some food for thought. In 2009, the unemployment rate was the lowest for those who held a professional degree, at 2.3 percent, while it was the highest (14.6%) for individuals whose educational qualification was less than a high school diploma. (bls.gov/emp/ep_chart_001.htm) If that doesn't convince you of the importance of education, here are some more numbers to do the talking. The average weekly earnings of a high school graduate in 2009 were 6, which was 5 less than the weekly wages of professionals who held an Associate's degree, 9 less than those who had a Bachelor's degree, and a whopping 1 less than those who had a Master's degree. (bls.gov/emp/ep_chart_001.htm) Now spread that figure across a year, and then over a lifetime. That's a lot of money you're missing out on because you chose to skip college! The reality is education pays and the sooner we realize the importance of education, the better will be our future. Contrary to what the recession and consequential depressed job market would ...
Tags : Advancement, Career, Education, Importance
