preview

College Graduates Graduation Analysis

Decent Essays

Getting a college degree increases one's chances of being employed with a stable job because of their diploma and the high college-level education they receive. First, college graduates have a lower unemployment rate than high school graduates. In “College Graduates Fare Well in Jobs Market, Even Through Recession” an article by Catherine Rampell, a Labor Department Report reported since the beginning of the recession, the number of employed college-educated workers has risen 9.1 percent. Those with a without a college education, only a high school diploma, is down 9 percent. The difference between the percent of unemployed college graduates versus the percent of employed is substantial, and it really shows the value of getting a college degree. A …show more content…

Rampell further reports, in 2011 the unemployment rate of people in their 20s with at least a bachelor's degree was 5.7 percent, and for those with G.E.D. or a high school diploma, it was nearly three times as high, at 16.2 percent (Rampell). Nowadays more employers are specifically requiring four-year degrees for jobs that previously did not need them (Rampell). Meaning that in the future more and more people are going to want their employees, making college more worth than it already is. Secondly college graduates are more likely to have a well paying, stable job, rather than an underpaying job. The article “Is College Worth It? Clearly, New Data Says” by David Leonhardt, it states that americans with four-year college degrees made 98 percent more on average than people without a college degree. Being payed 98% more annually is an immense amount of reward for only getting a college education. Similarly in “College Grads Find Big Degree of Debt, DIfficulty” the article states “College graduates with full-time jobs in 2011 earned 64 percent more per week than high school graduates. This statement coincides with the previous quantitative

Get Access