Recent Report: Community college grads out-earn bachelor’s degree holders

Money and Grad

As we’ve stressed in the past, SKoolAide is committed to bring awareness to all things relating to education…the good, the bad, the paradigm shifting, etc. We found the following information to be important to share and one that will hopefully spark conversation either here or with your friends or in your households. – SKAAPP Team

According to a recent report from Georgetown University’s Center on Education and the Workforce, nearly 30% of Americans with associate’s degrees now make more than those with bachelor’s degrees. The following is from a CNNMoney article: “Berevan Omer graduated on a Friday in February with an associate’s degree from Nashville State Community College and started work the following Monday as a computer-networking engineer at a local television station, making about $50,000 a year. That’s 15% higher than the average starting salary for graduates — not only from community colleges, but for bachelor’s degree holders from four-year universities.”

A two-year community college degree, at present full rates, costs about $6,262, according to the College Board. A bachelor’s degree from a four-year, private residential university goes for $158,072. The increase in wages for community college grads is being driven by a high demand for people with so-called “middle-skills” that often require no more than an associate’s degree, such as lab technicians, teachers in early childhood programs, computer engineers, draftsmen, radiation therapists, paralegals, and machinists.

With a two-year community college degree, air traffic controllers can make $113,547, radiation therapists $76,627, dental hygienists $70,408, nuclear medicine technologists $69,638, nuclear technicians $68,037, registered nurses $65,853, and fashion designers $63,170, reported in January.

Rest of the article can be found here


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