A College Degree; Your Ticket to $1,000,000

United States Department of Labor 2004 statistics reveal that full time workers 25 years of age and older earn a median weekly salary of $676. Those without a high school diploma average nearly $300 a week less ($396). High school graduates with no college average $562, and college graduates holding at least a bachelors degree earn nearly $1000 weekly.

Workers with graduate degrees earned $1,149 per week, about $220 more than those with bachelors degrees only.

Other research has determined that the differences in income by educational level are even greater, with college graduates now earning in excess of a million dollars more than high school graduates during their working lifetimes. And, all indications are that the earning differentials will increase significantly in the future.

According to The Washington Research Council, "During the next century, higher education will become increasingly important for landing high-paying jobs", and "It's widely believed that the 'new economy' will require increasingly higher levels of education."

Furthermore, in our increasingly competitive global economy, it seems highly likely that workers with bachelors, masters, professional, and doctoral degrees will suffer less unemployment and be less adversely impacted by the rise of economies overseas and the continued outsourcing of jobs. Yet, higher paying jobs and increased job security are not the only career-related rewards of higher education.

College graduates, overall, are happier with their jobs and careers than are other workers. That's because the better educated a worker is, the more likely he or she will qualify for promotions and/or new career opportunities. It stands to reason that people who are not trapped in dead end jobs will experience higher job satisfaction.

There seems to be no doubt that undergraduate and graduate degrees lead to significantly greater earnings, a wider range of employment opportunities, more frequent career advancement, and significantly increased job satisfaction. Because the value of higher education is increasingly valued by employees and employers alike, and because scholarships and financial aid are now more readily available than ever before to students in online education programs, the number of working adults enrolled in part time degree programs is at an all time high.

The world is changing faster than it ever has in human history. Workers and employers must be able to learn new skills, adapt to new technologies, and meet the challenges of the global economy. To survive, and to prosper, a good education is more important than ever.

Article Source: http://www.christiannotepad.com

Daniel Kane has written dozens of articles on education. Among his websites are one on the twenty best online colleges, and another on online degree programs.
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