Bachelor's Degrees and College ClassesAre you looking for motivation for enrolling in an online bachelor's degree program?
A recent study at Georgetown University projects that, from 2008 to 2018, more than half of all jobs in the United States will require applicants hold a college degree. More startling, the study finds that among 25-34 year olds, less than 40 percent hold a two-year degree or higher. In short, if you really want to participate in the workplace, you better enroll in college.
Earning a bachelor's degree will not only put you in the running for future jobs, you can actually earn more than those without one. That means the more you learn, the more you earn.
Earnings Opportunities with a 4-year Degree
According to the Clearinghouse on Higher Education, continuing college attendance increases "economic and job security for those who earn bachelor's degrees". But how much more can you earn with a four-year degree? The U.S. Bureau of Labor Statistics (BLS) compared 2009 earnings and employment rates for Americans by their level of education and found:
1. Workers with a bachelor's degree earned a median wage of $1,025 per week in 2009 compared with a median wage of $761 for employees holding an associate's degree. Over 52-weeks, that calculates to $12,758 more per year. The median 2009 weekly wage for persons without a college degree: $699.
2. The unemployment rate in 2009 for persons holding a bachelor's degree was 5.2 percent. For those without a college degree: 8.6 percent.
Hot Jobs and Hotter Bachelor's Degrees
Online degree programs continue to focus their bachelor's degree offerings to map to the rising careers in the American economy. The BLS reports that the greatest increased percentage of employees by occupational group between 2008 and 2018 will be in the professional occupations (16 percent) and service occupations (13 percent). Among the 14.5 million new wage and salary jobs created in the decade, the most will be in health care (26 percent of all new jobs), followed by professional, scientific, and technical services.
You'll find that bachelor's degrees in healthcare related fields, information technology, and business are extremely popular today as they relate directly to the projections for job growth in the next decade. Most self-paced, online bachelor's degrees can be completed in four years.
Value and Accreditation of Online Bachelor's Degrees
The Distance Education and Training Council (DETC) reports that 8 million Americans are currently enrolled in online programs — with online enrollment increasing by 25 percent each year. Like their campus-based counterparts, online four-year degree programs undergo rigorous reviews to maintain accreditation through the DETC.
And a 2010 report by the Society for Human Resource Management (SHRM) revealed that 79 percent of organizations have hired job applicants with online degrees in the last 12 months. Mark Schmit, director of research at SHRM, said, "The majority of surveyed HR professionals said they think online degrees are viewed more favorably today than five years ago, and a growing number see individual courses taken online as equally credible to courses taken at traditional universities."
When you consider the accreditation and advancement of acceptance of online four-year degrees among employers, it makes sense for busy adults to pursue an online bachelor's degree that fits their work and family schedules while providing the education necessary to thrive in the job market for years to come.
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