BANGOR, MAINE, Aug. 15, 2022 (GLOBE NEWSWIRE) — Degrees from colleges and universities have a significant impact on individuals’ earnings. In 2021, full-time workers between the ages of 22 and 27, who completed a bachelor’s degree, earned a median annual wage of $52,000 per year according to the U.S. Census Bureau and the U.S. Bureau of Labor Statistics.1 In contrast, full-time workers of the same age with a high school diploma and no degree only earn $30,000 per year.2 That’s a 73% difference in earnings every year.
This gap has widened over time. Young bachelor’s degree holders earned a median annual wage of $48,481 in 1990, compared with $35,257 for full-time workers ages 22 to 27 with a high school diploma.3 Back then, that was only a 37% difference in annual earnings. This change over time shows that a college degree is more important than ever for higher earnings.
College degrees can also enhance job security. According to a U.S. Bureau of Labor Statistics’ news release from July 2022, individuals with college degrees have lower unemployment rates than those with just a high school diploma.4
Husson University Online is encouraging everyone to earn a degree in an effort to help increase their earnings and job security. As an incentive, any student who enrolls in an online program at the University by September 1, 2022, will receive $500 off their first course. This applies to both undergraduate and graduate level online programs. More information…
