Walsh College

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Apr 9 2013
The Value of a Bachelor's Degree

The Value of a Bachelor’s Degree People get college degrees for many reasons – personal accomplishment, desire to learn, and to increase career options and earning potential. What can a college degree do for you? According to the US Bureau of Labor Statistics, “all of the increases in employment over the past two decades have been among workers who have taken at least some college classes or who have associate’s or bachelor's degrees—and mostly among workers with bachelor's degrees”. A US government study conducted in 2009 found that unemployment for high school graduates was 10 points higher than that of bachelor degree holders (14.6 vs. 4.6). The study also showed that the usual weekly earnings of people aged 25 to 65 with bachelor’s degrees was 45% higher than people with a high school diploma. A college degree not only provides workers with more career options, it can nearly double lifetime earning potential. The value of an education lies with the degree holder as many factors impact career success, especially attitude, motivation, and ability to perform well in a team. Research yourself and career options. Investigate the field of study you plan to pursue. Review www.bls.gov to determine supply and demand. Take a career assessment to understand the fields that would be a good fit for your skills, strengths, and weaknesses. Schedule an appointment with an experienced career development professional to discuss your abilities and career interests so you select a degree that aligns with your career assessment and goals. An internship or job shadowing can help you narrow the focus of your job search, and provide you with relevant experience, references, and recommendations. Work with your career center throughout your academic studies and begin your job search at least by the time you complete half of your courses.


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