What are college graduates more likely to do?

What are college graduates more likely to do?

“College graduates are more likely to find a rewarding job, earn higher income, and even, evidence shows, live healthier lives than if they didn’t have degrees. They also bring training and skills into America’s work force, helping our economy grow and stay competitive.”

Why are college graduates less likely to be unemployed and be productive?

Did you know that unemployment rates are lower among college graduates? Many industries were hit hard during the recession, some more than others. The Bureau of Labor Statistics (BLS) reports that the more education you have, the less likely you are to be out of work.

How much do college graduates make compared to high school graduates?

At the median, career earnings for a bachelor’s degree graduate are more than twice as high as for someone with only a high school diploma or GED, roughly 70 percent higher than for someone with some college but no degree, and more than 45 percent higher than for someone with an associate degree.

Are college graduates less likely to be unemployed?

Bachelor’s degree holders are half as likely to be unemployed as their peers who only have a high school degree and they make $1 million in additional earnings on average over their lifetime.

Are college graduates more successful?

Studies show that college graduates earn significantly more money throughout their lifetime than those with only high school education. Bachelor’s graduates earn an average of just over $50,000 a year. And those with a higher level degree (master’s, doctorate or professional) average nearly $70,000 per year.

How college graduates help the economy?

Through volunteer work, leadership, and philanthropic contributions, public university graduates enrich the civic and economic life of their communities. They also contribute more in taxes and are less reliant on government services than their peers whose highest degree is a high school diploma.

Are college graduates more likely to be employed?

By nearly any measure, college graduates outperform their peers who have only completed their high school degree. For example, the average graduate is 24 percent more likely to be employed and average earnings among graduates are $32,000 higher annually and $1 million higher over a lifetime.

Are college graduates happier?

Education strongly correlates with future happiness In a survey that utilized data from the U.S. General Social Surveys, 94% of people with a bachelor’s degree or more reported feeling happy or very happy with their lives overall, while 89% of high school grads said the same.

How much more does a college graduate make over a lifetime?

Men with bachelor’s degrees earn approximately $900,000 more in median lifetime earnings than high school graduates. Women with bachelor’s degrees earn $630,000 more. Men with graduate degrees earn $1.5 million more in median lifetime earnings than high school graduates.

How does college affect the economy?

Colleges and universities drive economic development. As they create a more educated labor market, colleges and universities essentially increase wages of all workers. When the number of college graduates increases one percent within a region, overall wages of high school grads increase by 1.6 percent.

How does college impact the economy?

The direct effect of greater college completion will be to increase average earnings by 3.1 percent and, because college graduates are more likely to be employed, to increase employment by 0.5 percent. By 2046, total real GDP will be 2.5 percent larger than under the baseline.