Wednesday, June 12, 2013

#FRESHOUT9jaUpdate College Education Is Worth It, Even If You Don’t Graduate - Study

Although, going to school doesn't guarantee if an individual would be successful or not, a new study by The Hamilton Project, a division of the Brookings Institution shows that even students who drop out of college tend to make more income than those that didn't attend at all.
     According to survey, college graduates make about $500,000 more during their lifetimes compared to those without a degree while dropouts most likely have an average earning of $100,000 or more over a lifetime.
The April 2013 Bureau of Labour Statistics data shows that the unemployment level for people between the ages of 25 years and above with just a high school diploma was 7.2 percent, while for individuals with an associate’s degree, the rate was 5 percent. For graduates with a bachelor’s degree or higher, unemployment was only 3.6 percent.

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