dcsimg
You are here:

College Degrees: Personal Protection as well as Personal Achievement

The Atlanta Journal Constitution is reporting today that neither the incumbent lieutenant governor, running for reelection, nor the Republican challenger for governor (and current secretary of state) have college degrees.�� The article goes on to discuss successful people who have gotten to the top without a degree: Bill Gates (founder of Microsoft), Steve Jobs (founder of Apple) and Michael Dell (Dell Computers) all dropped out of college.�� The irony for Dell is the fact that he began his business selling computers out of his dorm room.

There has also been a lot of noise in the media recently about the diminishing value of a college degree, because too many students emerge from their postsecondary education experience saddled with enormous debt.�� Repaying that debt, the argument goes, offsets any increase in earnings over a lifetime that may be the result of higher education.

There are plenty of statistics to prove this thesis, and just as many to refute it as the debate goes on.�� A balanced piece in the New York Times discusses a formula to apply to the question, "How Much is Too Much for College?"�� A fair question, but one that misses an important statistical fact which is very much a product of our times.

The impact of our economic downturn, no matter what it is called, is having a much bleaker effect on those with less education.�� In May, the Wall Street Journal reported that the unemployment rate for high school graduates was at 10%, up from 5.2% a year prior.�� For college graduates, the May unemployment rate was 4.8%, up from 2.3% a year earlier.

Today, two weeks into July, the national unemployment rate stands at 9.5% so those figures cannot have improved much.�� Also important is the fact that many of the jobs that have disappeared aren't coming back.�� Many of the new employment opportunities in fields like technology require a level of training or education in order to gain consideration.

If you just look at the statistics, a college degree means there is an increased possibility that your job will survive during hard times.�� All of that is subject to personal situation, but the message that is conveyed is powerful.�� On the other hand, a high school grad that has lost a job critical to family support is in a better position today than ever before to upgrade both education and job opportunities.�� An online school can keep family disruption to a minimum and may be cheaper than a traditional college.

Trade schools are offering online training; in many cases, learning a trade such as electronics can be as valuable with an associate's degree as with a bachelor's degree in the right situation.�� It's a matter of getting in the door, and increasingly that requires some element of expertise provided in the form of a degree.

Search Schools

      
Matching School Ads
  • Full Sail University - Online

    Push Your Creativity To The Next Level

    Programs

    • Graphic Design, Bachelor of Science (Online)
    • Internet Marketing, Master of Science (Online)
    • Music Production, Bachelors of Science (Online)
    • More...

    Location: Online

    Full Sail University - Online Request Info »
  • Platt College

    Turn your talents into a career at nationally recognized and accredited Platt College.

    Programs

    • Veterinary Technology Alternate Route - Certificate
    • Respiratory Therapy
    • Veterinary Technology - Associates

    Location: Online

    Platt College Request Info »
  • Liberty University

    100% Online & No Standardized Testing

    Programs

    • Doctor of Education: Community Care & Counseling: Marriage & Family
    • Doctor of Ministry: Evangelism & Church Planting
    • M.Div: Homiletics
    • More...
    Location:
    Lynchburg: 1971 University Blvd,, Lynchburg VA 24515
    Liberty University Request Info »
  • American University

    Change the World with American University

    Be a part of something bigger than yourself.

    Programs

    • Graduate Certificate in Human Resource Analytics and Mangement
    • Master of Science in Measurement & Evaluation
    • Master of Science in Nutrition Education
    • More...

    Location: Online

    American University Request Info »
  • The George Washington University -Online

    Earn a respected online degree from George Washington University.

    Programs

    • Master’s in Political Management
    • Graduate Certificate in Paralegal Studies
    • MBA in Healthcare
    • More...
    Location:
    Washington: 2121 I Street, NW, Washington DC 20052
    The George Washington University -Online Request Info »
  • Northern Arizona University Online

    #1 Best Online College

     

    Northern Arizona University understands the need for flexibility in your learning journey.

    Programs

    • Computer Information Technology - BS/BA
    • Small Business Administration - BBA
    • Liberal Arts - BS/BA
    • More...
    Location:
    Flagstaff: , Flagstaff AZ 86001
    Northern Arizona University Online Request Info »
  • USC Suzanne Dworak-Peck School of Social Work

    The MSW@USC is the first top-ranked MSW program offered nationally. Many online programs are limited to certain geographic areas or the availability of courses, making it necessary to travel to campus. Our program can be completed from virtually anywhere without the need to relocate to Southern California.

    Programs

    • Master of Social Work
    Location:
    Los Angeles: 3601 Watt Way, GFS-315, Los Angeles CA 90089
    USC Suzanne Dworak-Peck School of Social Work Request Info »
  • Capella University

    An accredited online university, Capella University offers bachelor’s, master’s/MBA, doctoral, and certificate programs designed to take you to the forefront of your profession.

    Programs

    • MS - Addiction Studies
    • MS - School Counseling (CACREP-accredited)
    • MSN - RN-to-MSN Diabetes Nursing (CCNE-accredited)
    • More...

    Location: Online

    Capella University Request Info »
  • West Coast University

    Advance your career. 100% Focused on Health Sciences.

    Programs

    • RN to MSN (Online)
    • MSN - Informatics (Online)
    • MSN – Advanced Generalist (Online)
    • More...

    Location: Online

    West Coast University Request Info »
  • Bradley University

    Established in 1897, Bradley University is a private, independent institution of higher learning in Peoria, Illinois. Inspired by our founder, notable philanthropist Lydia Moss Bradley, we pursue excellence in teaching, research, scholarship and service; and we celebrate leadership, integrity, diversity and collaborative learning.

    Programs

    • Online Doctor of Nursing Practice - Leadership Track (MSN to DNP)
    • Online Master of Science in Nursing (BSN to MSN-FNP)
    • Online Master of Arts in Counseling - Clinical Mental Health Counseling (CMHC)
    • More...
    Location:
    Peoria: 1501 W Bradley Ave, Peoria IL 61625
    Bradley University Request Info »
  • Matching School Ads

    Quick School Search

    College & Career Search Tools

    • Careers: Unsure about your career path? Study profiles of hundreds of professions.

    • Interviews: Professors and deans sit down with our team to give you unique insights on college life.

    • Military Education: Find only Military friendly online schools and campuses.

    • Student Reviews: Know before you go. Read student reviews on over 2000 accredited colleges. Write your own experience.