Whether you’re enrolled in a community college or have been out of college for some time, the thought of continuing your education has likely crossed your mind. For some, the future is clear: continue pursuing a four-year degree until you’ve earned a bachelor’s degree.
For others, however, things aren’t quite as clear. Part of you wonders whether it’s worth it to continue your higher education. The answer is yes.
There are many benefits to earning your bachelor’s – from the potential to earn a higher income to the satisfaction of self-improvement. Let’s check out some of those benefits:
1. Higher earning power
The bottom line is that having a bachelor’s degree increases your earning potential. Recent data gathered by the U.S. Census Bureau shows that the average salary for a person with a bachelor’s degree is nearly $60,000. When you compare that to the average salary for someone with some college experience but no degree ($38,376), or someone with just a high school diploma ($35,256), the financial advantages of getting a four-year degree are clear.
2. Increased job opportunities
A college degree makes you more marketable for a wider variety of (potentially lucrative) career options. Earning your degree means you’ve acquired the skills and knowledge to work in your chosen field, but it also provides you other opportunities, as well. Potential employers recognize that earning a degree gives you a greater ability to think analytically while demonstrating the discipline to complete a goal from start to finish.
3. Better job stability
Having a bachelor’s degree means you’re less likely to become unemployed. Many jobs that require a degree, such as nursing, teaching, and accounting, provide superior job security during recessions. In comparison, jobs that require less schooling or no formal degree may not guarantee continued employment during an economic downturn.
4. Better job satisfaction
College graduates typically experience greater job satisfaction than high school grads because of the access to well-paying jobs, good employee benefits, and the opportunity for career advancement. Moreover, college graduates are more likely to find jobs that interest them and enable them to utilize their strengths.
5. Benefits for your family
One of the hidden benefits of earning a bachelor’s degree is that it has a positive impact on your family, including your children. There are economic advantages, of course, but there’s also the ripple effect of demonstrating the importance of education to your children. In fact, children are more likely to get a college education as a result of their parent’s example.
6. Informs your decisions and relationships
College teaches you how to think critically and how to evaluate complex issues. You may have taken 4 or so years, possibly spread out over a long period of time, to work hard and earn a degree. But in turn, you will have gathered experiences and close relationships to help you continue to make sound choices in the future. You will have shown yourself that you can finish your bachelor’s degree to the end and then go on to do great things post-graduation.
Narrow down the university you’ll transfer to – use our transfer university guide below: