Hard work, dedication, sleepless nights, early mornings, lots of coffee, stress and a lot of money with possible debt to follow--this is the price of a college degree.
If you are like me, there are moments in the process of becoming a graduate where you may question if it is all worth it.
“Will my degree actually get me a better job?” “Is this much debt and stress really worth a better job?”
If these two questions have ever run through your mind, here are some statistics that might help.
Is It All Worth It?
By Nathan Dickerson
5.4.16
Chart by the U.S. Department of Labor.
The unemployment rate of those who have a four year bachelor’s degree is almost half the unemployment rate of someone just out of high school.
Not only this, but those with a bachelor’s degree almost make twice as much weekly as someone with a high school degree.
According to the statistics above, the weekly income of someone with a bachelor’s degree is over the average and the unemployment rate is below average.
After graduation, It may take some time to secure such a job, but statistically speaking, you can rest assured.
If the degree you are striving for is worth it in the end or not, well, I guess that is up to you.
Keep in mind, however, that depending on how much debt you may end schooling with, a better paying job and less chance of unemployment should enable you to pay off such debt more easily.
In the end, if you see your college education through, statistically speaking, your efforts will not be a waste of your time.