Get a Degree and Get a Better Life

Monday, July 30, 2012

Get a Degree and Get a Better Life

Have you ever imagined what your life would be like if you had a college degree? Well, imagine an overall higher salary and more career opportunities. Imagine a better life that’s enriched by a higher level of affluence and a quality circle of influence. Would you prefer a group of co-workers, or a group of colleagues? As a professional with a college degree, you can have the latter. Imagine the difference between renting and buying; between borrowing and owning. With a college degree, you can own the ground that you stand on!

The “Haves” and the “Have-Nots”

According to Forbes, the average income without a degree is about $30,000, while the average income with a Bachelor’s degree is about $52,000. Getting a degree also cushions you against unemployment. In 2011, the unemployment rate for those without a HS diploma was a dismal 14.1%; meanwhile, unemployment rate for those with only a HS diploma was at 9.4%; those with a Bachelor’s at 4.9%; those with a Master’s at 3.6% and those with a PhD. at 2.5%. You can see that getting a degree gives you a higher level of prosperity because it gives you a higher skill set, which commands a higher salary that usually increases with time and experience. A college degree typically provides you with more security. Not only this, but you can often get further training paid for by your employer.

Types of Degrees and Salaries

Your starting and mid-career salary will depend upon the field that you go into. Fields like engineering provide a high starting pay.  This is especially the case with a career in petroleum, which starts with an impressive $97,000. Contrast this with education and social work, where starting salaries are often in the low $30,000s and only rise to the mid $40,000s by mid-career. In the middle of these ranges of salaries are fields, such as medicine, science, design and technologies, where you can expect your income to be around $70,000 by mid-career. So, the question isn’t always whether or not you’ll make more income than you would without a degree, but how much more income you want and what kind of degree you want to get.

The Physical Benefits

You may not know that getting a degree can lead to better health after mid-life. According to a study at the University of South Carolina’s Arnold School of Public Health, getting a Bachelor’s degree after age 25 leads to better health later in life. If better health later in life isn’t an incentive to get a college degree, then what is? In relation to this, a Finnish study looked at middle-aged white-collar and blue-collar workers and discovered that the blue-collar workers experienced a higher rate of health decline in later life. Clearly, a college degree not only benefits you financially, but also physically, and allows you to actually enjoy your financial rewards.

Getting a degree is the right choice if you want to excel and achieve a higher level of success and satisfaction in life. Of course, there are some exceptions to just about any rule. Take Bill Gates, who dropped out of Harvard and became one of the richest men in the world; however, you probably don’t want to count on that. Getting your degree is always a wise investment because getting a degree pays you back in so many ways! 

About The Author:

Thomas Carrigan has over twenty years in specialized Healthcare Recruiting and understands how important a degree is. Find out more about accredited medical billing schools.

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