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Research into the sheepskin effect can be divided into studies of explicit degree effects and, because many of the useful data sets don't explicitly report degrees, studies with no explicit degree measures. The latter typically use 12 years of education as a proxy for a high school diploma and 16 years as a proxy for a Bachelor's degree. [3]
If no one is getting jobs, and the companies who used to hire people like you are going out of business, assume it is very reasonable to take step back in order to build a new career.
Underemployment is a problem particularly in developing countries, where the unemployment rate is often quite low, as most workers are doing subsistence work or occasional part-time jobs. In 2011, the global average of full-time workers per adult population was only 26%, compared to 30–52% in developed countries and 5–20% in most of Africa.
A Bachelor's degree no longer holds the same academic capital it used to, and holding such a degree no longer entitles one to the same job opportunities and income possibilities it used to. Government statistics reveal that over the past 8 years, the average weekly earnings of individuals with bachelor's degrees have actually decreased, in ...
More work is needed to provide a clear pathway for community college students to transfer to four-year institutions and obtain a bachelor's degree
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.
A college degree doesn’t carry the same weight it once did in the workplace, but there’s a clear generational divide when it comes to what it should afford you on the job. Pros of a college degree
Bachelor's degrees in Algerian universities are called "الليسانس" in Arabic or la licence in French; the degree normally takes three years to complete and is a part of the LMD ("licence", "master", "doctorat") reform, students can enroll in a bachelor's degree program in different fields of study after having obtained their baccalauréat (the national secondary education test).