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University Degree Sill Best Way into Good Job
How do you get a good job? It might literally be a milliondollar question. And researchers from Georgetown University in the US have an answer: the best way is still to get a college education, even if you're a little late. That's their simple answer – one they came up with after looking at US government data for more than 8,000 Americans who were born in the early 1980s. They found that getting a bachelor's degree by the age of 26 gave people a 56% chance of getting a good job by the age of 30. For their study, the researchers defined a "good job" as one paying at least $ 38,000 for workers under the age of 45.
According to The Wall Street Journal, the research didn't focus on people who went straight to college after finishing high school because they already have a high chance of getting a good job. Instead, it looked at different pathways that people who didn't go straight to college after high school could take to increase their chances of getting a good job. For example, even just beginning a bachelor's degree by age 22 increased the likelihood of getting a good job by 16 percentage points, according to the report. But despite this evidence, according to a separate Wall Street Journal survey, more than half of people don't feel that doing a four-year degree is worth the cost, because students may finish without specific job skills and with a large amount of debt.
According to US News, in the academic year that ended in the summer of 2023, the average cost of going to an American university for a year started at about $ 10,000 for a public university, and went as high as almost $ 40,000 for a private school. And Zach Mabel, one of the authors of the Georgetown report, admits that although a university education is likely to be beneficial, for financial reasons "the risk of pursuing higher education is higher than it's ever been."
Source: https://engoo.com.br/app/daily-news/article/study-university-degree-stillbest-way-into-good-job/crbIxBR3Ee6ComdOtgdXYw