By Gail MarksJarvis
Despite images of shuttered factories and a chorus of high school voices chanting the virtues of college, you do not have to get a four-year degree to earn a decent living.
While it may be true that on average, people with four-year college degrees earn more than those who have not gone to college, a study this summer by the Georgetown Center on Education and the Workforce finds there are still 30 million good jobs held by people without bachelor’s degrees. And 28 percent of people with two-year associate degrees make more than bachelor’s degree recipients.
The College Board reported last week that four-year college graduates between the ages of 25 and 34 earn $19,497 more per year than people with only high school diplomas – a sum that seems to make it well worth spending the $20,770 that tuition, fees, room and board the average public college is charging this year.
But if you do not think college is for you, it does not necessarily mean you will struggle to put food on the table.
Those in the 30 million good jobs identified by the Georgetown study earn a minimum of $35,000 to start and $45,000 by age 45. Eventually half the jobs pay $55,000 or more.
That compares, according to the Georgetown researchers, to people with bachelor’s degrees who earn a median $61,000 by mid-career and start at about $33,000.
A rule of thumb in borrowing for college has always been not to have loans that total more than a starting salary in your field. Thinking ahead about occupations and pay is crucial before borrowing money for any degree, because many students borrow heavily without realizing their salary will be deficient to cover loans.
“It’s the degree and the occupation that matters,” said Georgetown Center on Education and the Workplace Director Anthony Carnevale.
These days that takes advance planning and research, to find occupations that pay well, said research director Jeff Strohl, who worked on the study.
For example, an elevator technician with a two-year degree earns $95,000 in Florida, but cosmetologists average just $22,700, which is close to the poverty level for a family of three. A nurse with a two-year degree would average $46,000 while a health aid would make $26,000.
Despite the loss of manufacturing jobs over the last few years, 55 percent of the best paying jobs remain in manufacturing, transportation and construction. But these jobs are dwindling. Since the recession manufacturing has lost 1 million of them, and construction employs 1.6 million fewer people than in 2007, according to the research. To hire for a job that typically does not require college, employers often look for some additional education past high school to weed out candidates, said Strohl.
Good jobs have shifted to workers with associate degrees. They have gained more than 3 million of the net new jobs since 1991; a period when jobs for people with only high school diplomas has declined by 1 million. There are currently 123 million workers in the economy, including 75 million without a bachelor’s degree.
While opportunity is growing for people with associate degrees, Strohl warned that these jobs may lead to a dead end. Often people go to community college to get a two-year degree focused on the liberal arts. The intent may be to save money on the less expensive program and then transfer to a four-year college, but few end up transferring, he said. Courses often are not accepted by other colleges and frequently fail to interest employers.
The lowest earning positions for bachelor’s degree recipients are in the liberal arts and humanities – often starting at $29,000, said Strohl. Yet, business graduates on average start at $37,000, healthcare $41,000 and STEM jobs at $43,000.
(Editing by Beth Pinsker and Bernadette Baum)
15 Works of ART that will motivate you to get your life together PRONTO!
The internet is filled with motivational quotes aimed to inspire people to get off their phone and live their best life! If only double-tapping an inspirational quote on Insta would actually prompt due action to get the success you know you deserve, then everyone would be as rich and happy as Bob Saget.
Graphic design king Jeff Cole realized inspirational memes won’t do shit for your success unless their design is dope and their message doesn’t disappear after looking away from your phone. The vision needs to be a reminder in constant view. Right in front of your face. On your wall. Cole’s online canvas art company, Ikonick, has a collection of unique images that will likely give you the push you need to stop wanting a better life and commence action.(Better than the Weekend has three pieces hanging in the office.)
Here’s some that you may want to add to your wall.
You Can’t Deposit Excuses ATM
Ingredient For Success & Success Marks The Spot
No Risk. No Reward.
Mind Of A Hustler. Heart Of A King.
Remember Why You Started
Leave Your Excuses At The Door
The entire collection can be viewed on ikonick.com or Instagram @ikonick.
Now go follow us on Instagram @betterthantheweekend. And then go call your mom and tell her you love her.
Vintage Frat Is the Life of the Party on Instagram Right Now, Possibly Forever
Gone are the days of moms and dads knocking on wood that social media didn’t exist when they were young, dumb and figuring out the world. Remnants of debauchery from past generations are resurfacing on @vintagefrat, an Instagram account paying homage to legendary fraternity throwbacks.
Here’s some of the of the most lit pics from Vintage Fraternity. (Warning: You may see your mom or dad.)
“Hello Ladies, welcome to pledgeship. I’ll be your guide.”
Saturday’s are for the Brothers.
Take a moment to respect the most legendary composite of all time.
Daytona Beach ’89 was wild. #AskYourDad
There was always that one Brother who understood the meaning of life.
Here’s why your dad’s friends call him Superman.
And here’s when your dad met your mom.
Reminding the children of the future that House Hounds need to be the focus of every fraternity house.
And here’s a reminder that Benny the Beaver was probably with your girl.
Tribute to the Brother who didn’t even attend one class all semester.
Classic Spring Break transportation.
Sure, Greek Life has it’s fair share of wild times.
But @vintagefrat is a solid reminder that Greek Life is also a resume builder, putting students in positions that prepare them for the future.
Mainly, Greek Life is about togetherness. #NeverForget #AskYourDad
Go follow @vintagefrat on Instagram and then follow @betterthantheweekend.
Why University of Scranton Is the Perfect Place to Find a Husband
I’m a senior at The University of Scranton in Scranton, Pennsylvania. I’m here to tell you why my school is the perfect place to find a husband.
From the day I arrived as a freshman in search of a degree and a good time, I was told I should also search for a husband here by upperclassmen who were taking courses toward their ‘MRS’ degree. (That’s Mrs., a.k.a. a master’s degree in finding a man.) Oh, they exist. If they haven’t landed a man by the fall semester of their senior year, they’re adding extra credit hours in getting a ring by spring.
It’s not like I can blame them. I acknowledge that there’s certainly some good looking guys at this school — it’s hard not to.
But I couldn’t see myself spending the rest of my life with one. You see, there’s a distinct type of guy that typically goes to this school. They’re the epitome of a rich, preppy white guy.
They tuck in their pastel button-down shirts and sport a pair of loafers to hit the bar scene on a Friday night. Their idea of dressing down is wearing a $42 plain-white Vineyard Vine T-Shirt. They dress like a middle-aged, balding, career-crazed father of three.
Oh, and they drink like one, too. They basically look and act like a stereotypical man in their 40s who is unhappy with his wife, life, and needs to binge-drink, binge-smoke and binge-fuck his way out of jumping out of the top floor of the Wall Street skyscraper he works in.
Meanwhile, all I want is a cute guy who takes his schoolwork seriously, has a little height on me and wants to eat chicken wings off my curvy bottom.
But my options seem to be limited to college boys who look like they’re trying to impersonate their fathers.
I guess the girls who told me The University of Scranton is the perfect place to find a husband were right. I just didn’t know they looked like a 42-year-old alumni’s husband.
I guess my only chance at getting a ring by spring is if one of them saves the dad-look for when they actually work on Wall Street. But I’m cool enjoying my senior year with my friends. My philosophy in life is that everything happens for a reason and plans are a waste of time.
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