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For instance, in the late 1980s, a bachelor's degree was the standard qualification to enter the profession of physical therapy. [42] By the 1990s, a master's degree was expected. Today, a doctorate is becoming the norm. State requirements that registered nurses must hold bachelor's degrees have also contributed to a nursing shortage. [43]
There is a misconception that there was no similar increase in financial aid to help cover the costs of tuition. This is incorrect. In 1965, $558 million was available for financial aid. In 2005 more than $129 billion was available. As college costs have risen, so has the amount of money available to finance a college education.
While those with some college averaged $31,046, those with a bachelor's degree averaged $51,194, over $20,000 (64.9%) a year more. [3] The second most dramatic difference in average income was between those with a bachelor's degree with $51,940 and those with an advanced degree who made $72,824, roughly $21,000 (42.2%) more.
As the cost of higher education has escalated in recent years, there's been no shortage of debate about whether the cost of a four-year college degree is worth the expense -- especially given the ...
The U.S. unemployment rate for those 25 and older with a high school degree, but no college, is more than twice as high than those with a bachelor’s degree or higher, according to the U.S ...
Johnson’s right about one thing: a college degree no longer automatically gives you access to a high-paying, pension-securing job. Many may ask themselves whether paying $10,000 and $42,000 per ...
A US Department of Education longitudinal survey of 15,000 high school students in 2002 and 2012, found that 84% of the 27-year-old students had some college education, but only 34% achieved a bachelor's degree or higher; 79% owe some money for college and 55% owe more than $10,000; college dropouts were three times more likely to be unemployed ...
A report from the Federal Reserve Bank of San Francisco says the average American with a 4-year college degree will. New evidence that a college degree is worth the high cost. The path to higher ...