People with an Associate’s degree may earn less in their lifetime, but they might just be earning more right now. New data shows that an Associate’s degree may impart the ‘middle skills’ which are the ticket to the middle class. “Nearly 30% of Americans with associate’s degrees now make more than those with bachelor’s degrees, according to Georgetown University’s Center on Education and the Workforce,” reports Jon Marcus for CNN Money. “In fact, other recent research in several states shows that, on average, community college graduates right out of school make more than graduates of four-year universities.” Continue reading
In a previous blog entry I discussed reasons not to go to law school, namely, the high debt and low employment ratio. It seems that medical students are facing a similar situation, as reported by the Washington Post’s Sarah Kliff. “But there’s also a downside to heading to medical school these days: Students’ odds of getting in a residency program are rapidly shrinking — and medical students have begun to live in fear of this very scary chart,” writes Kliff. The chart contrasts medical residency applications rising steeply, with a gradually increasing line of open 1st year residency positions. Continue reading
A recent study issued by the Harvard Institute of Politics indicates that 9.7% of Millennials are unemployed. “Furthermore, although 62.9% are currently working, 31.2% of t hose Millennials work on a part-time basis,” states the study. “Over a quarter (27.4%) are currently out of the labor force, whether as full-time students or because of disability, incarceration, or full-time parenthood.” Continue reading
Arthur C. Brooks is the president of the American Enterprise Institute, a preeminent think-tank in Washington, D.C. What you may not know about him is that he finished his three degrees via correspondence before he landed a job as a Syracuse University professor. Continue reading
As recently reported by USA Today, one third of millennials have earned four-year degrees. In my previous blog entry I discussed the financial perils facing these students, who often graduate unable to find a job in their major (unemployed or underemployed) and saddled heavily with debt.
However, it looks like the job market for those with Bachelor’s degrees is creeping upward somewhat, according to a new report issued by Michigan State University. Continue reading