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You are here: Home / Career / Employment / Earnings Disparity Grows Between Young Workers With and Without Degrees – Students – The Chronicle of Higher Education

Earnings Disparity Grows Between Young Workers With and Without Degrees – Students – The Chronicle of Higher Education

February 12, 2014 NCH 1 Comment

  • Earnings Disparity Grows Between Young Workers With and Without Degrees – Students – The Chronicle of Higher Education

    Degrees and education lead on average to higher earnings it is imperative to encourage post secondary education or training. Awareness should start in the primary grades to high school. Career education at all levels of life. 

    tags: college highered minorities students employment colleges universities degrees education

    • But underneath those figures, the disparity between young workers with and without bachelor’s degrees has grown.

    • Pew Research Center. The report, "The Rising Cost of Not Going to College,"

    • overall median earnings of millennials, $35,000, are similar to what Generation X and the baby boomers earned as young adults, according to the report,

    • . The proportion of young workers with college degrees has risen. Today’s young workers with bachelor’s degrees or higher earn at least a little more than their counterparts in any of the earlier generations did at the same age.

    • more young adults are living with their parents, but that pattern is driven by those with less education

    • Their median earnings are higher, and they face a lower unemployment rate.

    • 69 percent of surveyed college graduates said their majors were at least somewhat related to their current work,

    • Just under a quarter of science and engineering majors said they should have chosen a different major for their ideal job, while 33 percent of liberal-arts, social-science, and education majors did.

    • 65 percent of millennials with at least bachelor’s degrees said they would have been better prepared if they had gained more work experience. Forty percent said they would have been better prepared if they had studied harder, 43 percent if they had begun looking for work sooner, and 36 percent if they had switched majors.

    • that there are things that students in any major can do to prepare for the work force.

Posted from Diigo. The rest of my favorite links are here.

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Comments

  1. Jose H says

    May 28, 2014 at 6:31 pm

    this is so cool i give you a like

    Reply

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