What You Will Get Back From Your College Degree

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Every parent wants to invest money on his child’s education so that the person can earn a decent salary for a comfortable livelihood. It is true that some candidates struggle to get a job in a stagnant economy. There are many who are apprehensive about paying back loans that they have to take to complete their education. These are real problems faced by people. It makes everyone doubt about whether the degree will pay off or not.

If a student doesn’t go to college, he will be denied access to decent jobs. The jobs that will be available will pay less and will be less stable. No one wants to remain stuck at a low-level job like that of a waiter or retail sales clerk.

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 "This is what I'll call the 'Job vs. Career' trajectory. Individuals without a degree move slowly towards their highest earning potential, with somewhat stagnant early years," said Shanker Mishra, the Ladders Vice President of Data Science And Analytics. "Individuals with a college degree may start in the same compensation range, but grow exponentially over the course of their careers.”

If one attends a college with a good reputation, students can establish personal connections with people in class and can make a huge social network.

A Little Of Everything Counts

Another truth is that not only will your college degree be taken into account, but your hard work and dedication will also be judged. So take a look at the various fields of employment and the salaries that people are estimated to be getting.

What The Statistics Say 

• According to a study after obtaining a bachelor’s degree in education, people in the field of humanities like Lawyers are earning $ 79,997. The wage and job growth in this job in five years is 14% and 29%.School Health Care managers from the field of life sciences are earning $87,360. The wage and job growth rates in five years are 14% and 15%.

• The Head Nurse and Medical Supervisor in the health department are earning $76,960 with wage

  

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  and  job growth rates of 18% and 11%

•  For people who work in business administration as a financial administrator, the salary is $82,992 and the wage and job growth rates are 16% and 8%.

• In the field of engineering, a school specialized engineer gets around $79,997 and the wage and job growth rates are 28% and 7%.

• The school principal and administrator in the field of education receive$91,437 for a wage and job growth rate of 14% and 8%.

• In the social sciences, a psychologist gets $77,875 and a wage and job growth rate of 18% and 30%.

• Geologists, Geochemists and Geophysicists in the field of mathematics and physical sciences get $88,525. Their wage and growth rates are 19% and 3%.

 It has also been observed that the incomes of men exceeded the income of women in the similar fields.

It is evident from these reports that earning a bachelor’s degree can help any student in any relevant field to earn a salary of this kind. In the times of global recession and stagnant employment opportunities, it is still necessary that one should get a bachelor’s degree. That will ensure a bright future. It will encourage advancement of the students too if they are interested in higher studies. There will also be an opportunity to pay the debts off faster if they were incurred during studentship. So prospects are favorable for anyone who wishes to graduate and find employment in the world of globalization and universal progress.

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