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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]
Suzanne Mettler notes in her book, Degrees of Inequality, that in 1970, 40% of U.S. students in top income quartile had achieved a bachelor's degree by the age of 24. [94] By 2013, this percentage rose to 77%. For students in the bottom income quartile, only 6% had earned a bachelor's degree in 1970. By 2013, this percentage was still at a ...
Even Bachelor of Arts degrees bring “an immediate 25[%] wage premium within a year of graduation,” according to recent research by future of work think tank The Burning Glass Institute for ...
Academic achievement or academic performance is the extent to which a student, teacher or institution has attained their short or long-term educational goals. Completion of educational benchmarks such as secondary school diplomas and bachelor's degrees represent academic achievement.
The sheepskin effect (named for the vellum on which diplomas were traditionally written) [1] is a phenomenon in applied economics observing that people possessing a completed academic degree earn a greater income than people who have an equivalent amount of studying without possessing an academic degree. [2]
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 ...
It typically includes all postsecondary programs up to the level of a bachelor's degree. For example, in the United States, a student pursuing an associate or bachelor's degree is known as an undergraduate student while a student who has already obtained a bachelor's degree and is pursuing a higher degree (masters, doctorate) is a graduate student.
As people age, probabilistically, the risk for certain types of decline do increase,” Mather said. “But there is really such variability as people age. I think it’s unfair in many ways to ...