Thursday, August 10, 2017

How Important is earning a Bachelor's Degree

Oregon Business Report
By Felicia Bechtoldt
August 8, 2017

According to data from the Pew Research Center, nearly every American feels that college is very important.  Almost all parents (94%) expect their children to attend college, roughly three quarters (73%) of adults feel that college is "...essential to get ahead in life," and Americans across the board believe they would have a larger salary with a college degree or a smaller salary without one.  Folks are divided, however, on the "mission" of college.  Close to 40 percent of Americans feel the main goal of a college education is personal growth while nearly half (47%) feel the main goal is preparation for the labor force.  Some people might argue that both missions are essentially the same.  Regardless of the purpose of college, from a labor market perspective the value of a bachelor's degree is revealed in the data.

Read the full article at the Oregon Business Report website here.

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