College Degrees and Remunerations
Reference & Education → Education
- Author Llana Herring
- Published January 11, 2010
- Word count 511
The job market today has become really competitive and this is forcing people to gain more knowledge or specialization. Today, the degrees that a person holds and the salary that he gets for his work go hand in hand or we can say that they have become directly proportional. The level of education is now the decisive factor for the annual salary packages that the professionals are getting. It has been proved by different researches that there is a difference in the salaries of the bachelor’s and master’s degree holders. This is one of the reasons why professionals are pushing themselves to schools and enrolling for degrees.
The experts are of the view that one should take into consideration, his field of work, before entering any degree courses. The benefits and drawbacks need to be assessed before enrolling into graduate schools. There are a number of risks that a person may have to take when he decides to get a higher degree. Opportunity costs coupled with career risks force many people to back off. It has been seen that many people decide to go for higher studies to pursue their interests and not to get higher paying jobs. It is advised that the professionals should take suggestions from the experts and professors to assess the options.
Cost is also one of the factors that need to be considered while going for higher studies. If you are sure that you will get a good job with a better salary package, you should definitely go for it. Parents and professionals have different opinions when it comes to the decision to enroll for the higher degrees. While the parents force children to enter prestigious universities, the professionals are still two-minded about the need of the degrees to boost their career. The researches done have proved that people who have bachelor’s or a higher degree have better salary packages than those who did not attend college after passing from the high school.
The economy is turning service class with the passing years. This is also one of the reasons why people give more importance to college degrees. The government surveys too have revealed that there has been a wide gap in the salaries of degree holders and high school pass-outs in the last ten years. One of the most coveted degrees is the Associate’s degree that can be attained on part-time basis as well. These degrees make way for the students to get on the path to have better paying jobs in their kitty.
If an associate degree was not enough, you can add up a bachelor’s degree by studying for two more years. By doing this, you can find even better paying jobs in your field of specialization. The difference in the salaries of the bachelor’s degree holders and high school graduates has been almost 60% in the recent years. This clearly shows that there is a need for the students to get degrees. If you too are looking forward to kick start your career again, enroll yourself now.
Llana Herring works as the coordinator for California Miramar University, which is accredited by DETC. CMU offers both graduate and undergraduate courses at affordable rates. Click on the link to view Online MBA Programs.
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