Does A College Degree Really Worth It? What The Number Say?



With the rising academic tuition fees and evolving job scenario, if anything matters most, is choosing the appropriate career to go with. However, as millions of college graduates are striving to join the workforce after receiving their degrees, an economy with high unemployment rates, increasing competition and mounting debt do wait for them to be faced.

Middle Class Is Still Traveling Down A Rough Road Of Economy

The middle class genre across the world is still struggling to get a job & secure their professional future & most of them are still unemployed. According to Bureau Of Labor Statistics, the number of 6.2% of American unemployed graduates has been come to light, while a recent poll by Express Employment Professional found that, half of the unemployed individuals has even given up looking for jobs according to their education qualification. So here the question is being raised, in this current economic scenario does a costly & time consuming college degree even worth to be pursued?

Does College Degree Really Worth It?

  Stephen Moore from The Daily Signal observes that,

“American workers with high school or even college degrees just aren’t technically qualified to do the jobs that are open.”

According to him, though almost $200,000 are being invested in a child’s education per year, today’s kids however are not being turned into a competent future professional.

If you compare a currently working individual with no valuable college degree to the one who has it, you can find that, the working individual has amassed more money with a very little or no debt. All these facts are raising their fingers to one pivotal question, does it really worth to go to college? at least financially speaking?

Let’s Look What Do The Numbers Have To Say

According to the U.S. Department of Education’s National Center for Education Statistics, a modest academic degree like a bachelor’s degree from a public college or university would generally cost a student almost $50,000 per year. On the other hand, if you have no such prestigious university degree but are willing to attend a technical school & if you are meticulous enough in your training, you could earn around $30,000 a year as a beginner. That indicates that within four years, you can earn about $120,000, while the one, who’s in college, earns little or nothing, and may even carry the same amount in debt by graduation.

Hence all these facts & figures point the finger to the probability of pursuing a career, where you can enrich yourself with the right kind of professional experience without emptying your parents’ life long savings.

Jobs Where Competency Surges

Though your college degree will surely pay off, you don’t know when the time will come. So here are some jobs that can provide you with not only money, but with a bright professional future also.

  • Dental Hygienist Or Dentist

Dr. Seuss once wrote, “Teeth are always in style”, so are dentist. Dentists are today well rewarded for the services they provide. According to the BLS, a moderate dentist earned a salary of $145,240 in 2012, while the best-paid earned more than $187,999. Counseling us on how to maintain good oral health, this profession is expected to add 23,300 new jobs up to the year 2022.

  • Registered Nurse

Nursing is that indispensable profession in health care, where workers are always needed. This year is no different, as the BLS anticipates 19.4 percent employment growth in this field between 2012 and 2022.

  • Web Developer

Web developers are those professionals, who are hold to be responsible for the sleek fonts and clean layout on your favorite websites. The BLS has reckoned this job as one of the fastest-growing jobs & predicts that, employment in this genre would be uplifted at a rate of 20% by 2022.

  • Dietitian & Nutritionist

Dietitians and nutritionists are there to advise on food and nutrition, developing meal plans & scheduling a healthier lifestyle. According to the BLS, this job should grow by more than 21 percent by 2022.

  • Computer System Analyst

Computer systems analysts, being goal-focused and process-oriented, must understand computer hardware, software and networks and how they work together. The BLS predicts 24.5 percent employment growth for this job by 2022.

 What To Conclude

If you seriously want to earn a lot of money, that too without a college degree, there are plenty of professions that at least approach what a college degree holder can earn. Of course, even these professions require either a lot of effort & focus to make it to the upper echelon of the pay scale. If getting a college diploma & having a heavy academic debt are not the options for you, don’t worry. There are still plenty of decent jobs where you can still earn a good living.

This entry was posted in Education, MBA Jobs, online education and tagged , , , , , , , , , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s