Did you know that degree holders earn about $48,500 a year, while diploma holders earn about $23,900? Going to go to college will most likely land you with a secure job than a high school diploma would.
Benefits, greater salary, promotions, and raises are things to look forward to when being a college graduate. Being a degree holder, you can look forward to things like higher wages, job security, and being a positive example to your kids to name a few. It is never too late to attend college and make a difference in your life. College education has a strong effect on salary pay.
Full-time employed college graduates between the ages of 25 to 32 roughly earn about $17,500 more than employed young adults who only hold a high school diploma. A college-educated worker is more than likely to be a part of a union than a high-school worker is. Unions have played a key role in higher pay for their members. College grads are also more likely to contribute to a 401(k)-style retirement plan to secure their financial future. When it comes to job security this can be a very stressful situation and topic to have to worry about.
Having a post-secondary degree can lead to better job security. Without a college degree you can be viewed as valuable to your employer and company. This makes is easier for you to be replaced in the workforce. The people who suffer the most from job cuts are lower level employees who only have high school diplomas. There are no guarantees, but if you have a college degree you will be less likely to suffer long-term unemployment. (“Benefits of Earning a College Degree”) Raising a family is a big responsibility and if you don’t have the finances to provide for your family, this can become very stressful for an individual.
Job that provides security can also provide health care, travel and other perks that will benefit your family greatly. These types of benefits are rarely offered for high-school-level jobs. In some cases, the value of benefits even exceeds an employee’s take-home pay. Families of college graduates are generally better off economically. Children seeing their parents attending college are more likely creating a new generation of children that will attend college.
A college education is an investment that pays dividends over the course of a lifetime even for students who accumulate some debt to obtain a degree. We often get spooked about college because we think about 4-year universities. Keep in mind that education after high school doesn’t always mean a Four-Year Degree. There are loads of other options, like Community College, and Technical Schools.
Community colleges allows you to earn a degree in half the time and they lower student population which means class sizes are much smaller and this allows for more hands-on training. The two-year associate’s degree is also a solid investment, but adding a bachelor’s to the associate’s degree is an even better investment.