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The Importance of a Degree

Aug 17, 2007
As the job market has opened up, filling open positions has become a more selective process, with managers being hired for their college degree and specific experience. With the IT industry dominating the job market, it is important for candidates to continuously update their skills and knowledge, coupled with experience that is specific to the position.

The Case For Obtaining A Degree

To distinguish yourself from the other candidates in the industry, it is important to have a well-balanced approach. The days of graduating and walking into a job with a hefty pay and benefits package are over. These days, managers who seek jobs in IT companies need to be knowledgeable candidates with specific experience, who can work on a team and have the ability to communicate across divisional lines within the organization in order to achieve goals.

Lifetime earnings are greater for people with higher levels of education. A Bachelor's Degree holder can expect to earn about 73 percent more in a 40-year working life span than a high school graduate earns over the same period. The average lifetime earnings for individuals with associate degrees are almost 25 percent higher than that of high school graduates. Education is what broadens our perspective and enhances our abilities to perform our mission in life. To get into the job market with a higher position, a person can continue working, simultaneously study and get a degree through online education.

Experience vs. Education

In the past, some parents felt that a college education was a waste of time and money, and they wanted their children to work early and gain experience. However, these days, they understand the importance of a degree and what their children will gain by acquiring it. Larger numbers of African-Americans have become more concerned about both the access to education and its necessity. Although the patterns in each class of society differ, the overall direction is clear, and people understand the importance of a college degree these days.

Today, getting a higher education has become an aspiration, as much as owning a home or feeling secure after retirement. People now realize that getting a college degree, or at least some form of education after high school, is the surest way to enter into the middle class strata of society. According to surveys, most people say that attending college and acquiring a degree is a necessity to keep pace with the competition in the workforce, and statistics show that an investment in post-secondary education pays off in higher earnings.

Access To Education

Previously, getting an education was a privilege reserved for the rich and upper middle class, but now it is open to everyone. The field of higher education includes both the intense competition for students to get into private universities, and low cost community colleges that take in all students with an open enrollment policy. Specialized trade schools, state universities and corporate training centers are all offering education these days. A generation ago, many colleges turned away students based on gender, race or religion. That has now changed, with court rulings and social changes leading to an increasingly diverse student population. Women now account for more than half of the college students, and in 1999, minorities accounted for 28 percent of the college enrollments.

Though income is still a deciding factor, federal grants, states and universities are increasingly helping students from lower income backgrounds to get a degree. Many colleges are dedicating an increasing percentage of aid to students based on academic merit, sports ability, or musical talent. In every respect, acquiring a degree will make the future better by raising the standards of living.
About the Author
Tony Jacowski is a quality analyst for The MBA Journal. Aveta Solution's Six Sigma Online offers online six sigma training and certification classes for lean six sigma, black belts, green belts, and yellow belts.
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