7 Reasons Why College is Important – A college degree is crucial to your success in today’s industry, as more and more occupations require additional education. However, obtaining a recognized college diploma might have a huge impact on other aspects of your life.
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1. On average, college graduates earn more.
Those with a bachelor’s degree earned an average of $468 a week more than workers with only a high school diploma, according to the US Bureau of Labor Statistics (BLS), a higher salary that can add up over a lifetime. According to a 2015 estimate from the United States Department of Education, the average worker with a bachelor’s degree might make $1 million more than a person without a postsecondary education.
2. People with a college diploma are less likely to be laid off.
In addition to the possibility for increased earnings, obtaining a college diploma may also lead to greater job security. According to the Bureau of Labor Statistics, only 2.2 percent of workers with a bachelor’s degree are unemployed, compared to 4.1 percent of those with only a high school diploma.
3. College graduates are more likely to be satisfied in their jobs.
According to a 2016 Pew Research study, 77 percent of workers with a post-graduate degree and 60 percent of workers with a bachelor’s degree believe their job gives them a sense of identity, while only 38 percent of those with a high school diploma or less believe their job gives them a sense of identity. Workers with a bachelor’s degree or higher education are also more likely to say their employer is a career, with 70% of those with a bachelor’s degree or higher education saying their job is a career, compared to just 39% of those without a bachelor’s degree.
4. A college diploma might help you become more financially aware.
According to a 2016 analysis from the Lumina Foundation, working-age persons with bachelor’s degrees are 9.4 times more likely to hold a bank account than those with a high school diploma as their greatest level of education.
Adults with a college education were also less likely to utilize high-interest credit cards. In the previous year, only 2.3 percent of college-educated individuals took pay-day and tax refund loans, compared to 9.2 percent of high school graduates without a college diploma.
5. People with a college diploma are more likely to purchase a home.
According to a 2016 research from the real estate website Zillow, 75% of all home buyers had a college diploma, compared to only 11% who simply had a high school diploma and 14% who attended some college but did not acquire a degree.
6. College graduates are more likely to be married (and for a longer period of time!) than non-college graduates.
According to a 2015 Pew Research Center research, 65 percent of persons aged 25 and older with a bachelor’s degree or more were married in 2014, compared to 53 percent of adults with less education.
A degree may also lead to a longer-lasting marriage. According to the analysis, 78 percent of college-educated women who married for the first time between 2006 and 2010 could expect their marriages to continue at least 20 years, compared to just 40 percent of women with a high school degree or less.
7. If you get a college education, you may be able to live a longer life.
According to a 2016 analysis by the Brookings Institute, just one more year of a college education can reduce your death rate by 15% to 19%. According to the survey, high school graduates have a mortality rate that is twice that of individuals with some college or a college degree.
College graduates also gave three times as much to charity as non-college graduates, were 1.5 times more likely to consistently vote in local elections, and were more than twice as likely to volunteer in a school, community, or religious group. That’s that about “7 Reasons Why College is Important”
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