How Do Different Education Levels Affect Income & Employment?

Thursday, September 20, 2012

A colleague sent the following list of data to me and I thought it was definitely great information to post in a blog. (There are three that demonstrate career incentives for higher education and four from a Bellevue University study that show that work is a major obstacle to those who would like to pursue higher education).

The unemployment rate for Americans who have never attended college is double what it is for those who have.
• Four-year-degree holders earn 54% more, on average, than those who attended college but didn’t finish.
• Nearly half of all new jobs in the U.S. over the next ten years will require more education than just a high school diploma.
• The economy has nearly half of the country (47% of Americans) re-evaluating their career paths.
• With work and family commitments, 35% of Americans say they don’t have time to get everything done and go to school.
• 9% of Americans don’t feel they can afford to take time away from work to go to school part-time or full-time.
• 12% say their work schedule makes it impossible to regularly attend scheduled classes.

I think these are all critical pieces of information to consider as you think about continuing your education to advance your career.   Are you someone whose work schedule gets in the way of advancing your education and getting additional training?  Or have you effectively managed your work schedule to allow for continuing education?  Please add your comments below or visit our Facebook page and tell us what you think.

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