roya67 asked:
I have been looking at various jobs and I see employers saying..BA/BS OR equivalent experience. I am feeling the value of a college degree (unless it’s an MD or JD or MBA) is becoming lesser nowadays. Experience is key to landing excellent positions in the marketplace. How do you guys feel about this?
Julie
I have been looking at various jobs and I see employers saying..BA/BS OR equivalent experience. I am feeling the value of a college degree (unless it’s an MD or JD or MBA) is becoming lesser nowadays. Experience is key to landing excellent positions in the marketplace. How do you guys feel about this?
Julie
{ 6 comments }
Fernando
I think the numbers show that a college degree is still valuable:
“Though the earnings differential between college and high school graduates varies over time, college graduates, on average, earn more than high school graduates. According to the Census Bureau, over an adult’s working life, high school graduates earn an average of $1.2 million; associate’s degree holders earn about $1.6 million; and bachelor’s degree holders earn about $2.1 million (Day and Newburger, 2002)…
College graduates also enjoy benefits beyond increased income…college attendance has been shown to “decrease prejudice, enhance knowledge of world affairs and enhance social status” while increasing economic and job security for those who earn bachelor’s degrees “
Cheryl
Hey,
I have had this discussions with many of my peers and colleagues, and the overall consensus is that the value of a Bachelor’s Degree has decreased severely. Studies conducted by universities have also proven that teh average salary/wages have decreased as well for college graduates.
An MD and JD are professional degrees and tend to allow an individual to obtain more money. These are however, advanced degrees which show the individual has gained more knowledge, if you will. Experience and education has become the age-old question of which carries more weight in the workforce, and as society continually evolves and changes, education conforms to the given changes thus proving to be beneficial and essential in obtaining professions.
That’s how I feel about it.
Jerry
You are listening to people who do not have the facts. See the link below for the truth.
Don’t just look at the salaries — look at the unemployment rates, too. HS graduates are twice as likely to be unemployed as someone with a college degree. In addition, college graduates tend to be happier with their jobs.
Judith
Depends on the degree. There are many high-demand jobs that require degrees in nursing, social work, engineering, teaching, medical technology, and others. There is much less need for average-GPA students in non-quantitative psychology, “leisure studies” and other easy degrees that don’t lead to many opportunities. Yes, a BA/BS is what a high school degree was two generations ago. There’s much more information in each field, and often colleges do the remedial work of what wasn’t learned in high school.
In many cases, someone who is excellent with much experience finds him/herself frozen because of the lack of a degree. I hope this isn’t you.
Danielle
I disagree with you completely.
Firstly, many (if not most) professions REQUIRE a degree because you need a professional licence to pracitice the profession. For example, you need a degree to become a CPA. Also, in some professions, there is no way that you could gain the equivalent knowledge of a degree holder through experience i.e chemical engineering requires advanced understanding of mathematics and chemistry (among others) to properly perform in the field. Most engineering disciplines are this way as well.
Secondly, when you become an “educated” person, the quality of your life improves. Not only do college educated individuals make more (on average) in their lifetimes, they also enjoy more job satisfaction as well as aquire a sense of dignity when they retire. When I say dignity, I mean that they realize that they worked hard, applied themselves, and did not waste their lives. Many people who do not go to college have those regrets when they retire.
Lastly, there are many skills that you learn in college that you will never learn in the workforce. Coupled with the unique expriences that you will have, such as meeting people from almost every country, a full college experience is unparalled by simple work experience.
Also, if you do your research properly, you would find that employers nowdays EXPECT you to have a college degree. Since most kids go to college these days, people are going to have a hard time finding a good job without a degree.
Jill
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