Degree Dilemma

DEGREE DILEMMA Despite the growing belief that a college degree may not be worth it, many Americans still strongly believe in the necessity. As the gap widens between the two philosophies, we decided to look at the data. The following infographic contains recently published facts and figures on the subject. As an employer I want the best prepared and qualified employees. I could care less if the source of their education was accredited by a bunch of old men and women who think they know what is best for the world. I want people who can do the job. Iwant the best and brightest. Not a piece of paper. -Mark Cuban, American Businessman & owner of the Dallas Mavericks 33% 12% of Americans earned of Americans earned a college degree in 1973 VS a college degree in 2012 30% 37% of young men completed college with at least a bachelors degree in 2012 of young women completed college with at least a bachelors degree in 2012 FACT #1: OVERALL, DEGREE HOLDERS HAVE FARED MUCH BETTER IN THE RECESSION 3 PEOPLE WITH BACHELOR'S DEGREES OR BETTER GAINED 2 MILLION JOBS IN RECOVERY THOSE WITH BACHELOR'S DEGREES OR BETTER GAINED 187,000 JOBS IN THE RECESSION 1 PEOPLE WITH ASSOCIATE'S DEGREES OR SOME COLLEGE EDUCATION GAINED 1.6 MILLION JOBS IN RECOVERY DEC 07 MAY 08 OCT 08 MAR 09 AUG 09 JANTO JUN 10 NOV 10 APR 11 SEP 11 E 12 THOSE WITH ASSOCIATE'S DEGREES OR SOME COLLEGE LOST 1.75 MILLION JOBS IN RECESSION PEOPLE WITH HIGH THOSE WITH HIGH SCHOOL DIPLOMAS OR LESS LOST 5.6 MILLION JOBS ALTOGETHER IN RECESSION SCHOOL DIPLOMAS OR LESS LOST 230,000 JOBS BY FEBRUARY 2012 IN RECOVERY HIGH SCHOOL OR LESS ASSOCIATE'S DEGREE OR SOME COLLEGE RECESSION RECOVERY BACHELOR'S DEGREE OR BETTER FACT #2: THE WAGE GAP IS WIDENING 100% 100% 97% 90% 80% 70% 60% 54% 50% 44% 40% RECESSION BA+ PREMIUM FACT #3: EVEN SOME COLLEGE EXPERIENCE IS CONSIDERABLY BETTER THAN NONE 100% HIGH SCHOOL DIPLOMA OR LESS 82% ASSOCIATE'S DEGREE OR SOME COLLEGE 80% BACHELOR'S DEGREE OR BETTER 74% RECESSION 60% 41% 42% 40% 20% 4% -14% -20% FACT #4: THE HIGHER THE DEGREE, THE MORE YOU EARN $109,600 $89,400 PROFESSIONAL DEGREE $62,300 DOCTORAL DEGREE $52,200 MASTER'S DEGREE BACHELOR'S DEGREE $38,200 ASSOCIATES DEGREE SOME COLLEGE $36,800 HIGH SCHOOL GRADUATE $30,400 LABOR Numbers from the U.S. Bureau of Labor Statistics suggests that overall, the United States will need.. OF 18 MILLION NEW COLLEGE DEGREE HOLDERS to cover job growth and replace retirees, but at current graduation rates, the country will be six million short. HOW AMERICANS FEEL ABOUT HIGHER EDUCATION ON A 5-POINT SCALE, AMERICANS' LEVEL OF AGREEMENT WITH THE FOLLOWING STATEMENTS: STRONGLY DISAGREE STRONGLY AGREE 1 2 3 4 TRADITIONAL COLLEGES AND UNIVERSITIES OFFER HIGH-QUALITY EDUCATION 1% 3% 20% 47% 29% COMMUNITY COLLEGES OFFER 2% 8% 36% 35% 19% HIGH-QUALITY EDUCATION ONLINE COLLEGES AND UNIVERSITIES OFFER HIGH-QUALITY EDUCATION 7% 18% 39% 22% 11% MOST POPULAR DEGREES (with avg. earnings) LEAST POPULAR DEGREES (Less than 1% of students) PRECISION PRODUCTION & INDUSTRIAL ARTS GEOLOGICAL & GEOPHYSICAL ENGINEERING NUCLEAR ENGINEERING SOIL SCIENCE GEOSCIENCES EDUCATION ADMIN & SUPERVISION PHARMACOLOGY ASTRONOMY & ASTROPHYSICS MILITARY TECHNOLOGIES SCHOOL STUDENT COUNSELING TOP MAJORS WITH THE HIGHEST EMPLOYMENT RATES $4 GEOLOGICAL & GEOPHYSICAL METALLURGICAL ENGINEERING ENGINEERING TREATMENT THERAPY PROFESSIONS MILITARY TECHNOLOGIES AGRICULTURAL ECONOMICS PHARMACOLOGY AGRICULTURE PRODUCTION SCHOOL STUDENT COUNSELING & MANAGEMENT MEDICAL ASSISTING SERVICES ATMOSPHERIC SCIENCES/METEOROLOGY MAJORS WITH THE HIGHEST UNEMPLOYMENT RATES SOCIAL PSYCHOL0GY.. NUCLEAR ENGINEERING. EDUCATIONAL ADMIN & SUPERVISION. BIOMEDICAL ENGINEERING... LINGUISTICS AND COMPARATIVE LANGUAGE. MATHEMATICS & COMPUTER SCIENCE. UNITED STATES HISTORY. COURT REPORTING.. COUNSELING PSYCHOLOGY.. STUDIO ARTS. 16% 11% 11% 11% 10% 10% 10% 10% 10% 9% SOURCES: http:/www.cnn.com/2008/LIVINGworklife/10/27/cb.what. major.pays/index html http:/www.cbsnews.com/8301-505145_162-57545427/record-numbers-earning-college-degreel http://www.businessinsider.com/best-college-majors-highest-income-most-employed-georgetwon-study-2011-67op=1 http://omgtoptens.com/miscleducation/top-10-most-expensive-colleges-in-the-world-education-costs/ http://blog.gradguard.com/2012/04/top-10-most-expensive-majors/ Brought to you by Masters in Public Health Degrees www.masterspublichealth.net Helping you find the best master's in public health degree BUREAUG BIOLOGY $43,961 – PERCENT CHANGE IN EMPLOYMENT BY EDUCATION FROM JAN 1989 EMPLOYMENT CHANGE (MILLIONS) BUSINESS ADMIN & MANAGEMENT COLLEGE EARNINGS PREMIUM OVER HIGH SCHOOL (%) $57,132 68 NVr SEP 89 U.S. COMMUNICATIONS $30,921- 06 AVW 16 NVr COMPUTER SCIENCE $46,849 16 das Z6 AVW JAN 93 %24 CRIMINAL JUSTICE $38,182 SEP 93 MAY 94 1978 ELEMENTRY EDUCATION $29,414- S6 NYC SEP 95 0861 MARKETING $59,471 96 AVW L6 NVr SEP 97 NURSING $41,173 STATISTICS 86 AVW 66 NVr PSYCHOLOGY $46,153 66 daS 00 AVW POLITICAL SCIENCE S36.368 LO NVr SEP 01 ZO AVW JAN 03 SEP 03 tO AVW SO NYI SEP 05 MAY 06 Z0 NYI SEP 07 MAY 08 60 NVr 60 da MAY 10 5. II NYr FEB 12