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A Bachelor of Economics (BEc or BEcon) [1] [2] is an academic degree awarded to students who have completed undergraduate studies in economics. Specialized economics degrees are also offered as a "tagged" BA (Econ), BS (Econ) / BSc (Econ), BCom (Econ), and BSocSc (Econ), or variants such as the "Bachelor of Economic Science".
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.
Less than 9th grade ... Bachelor's degree or higher Bachelor's degree Master's degree Professional degree Doctorate degree; Persons, age 25+ w/ earnings* $46,985:
However, even those with a mathematics and statistics bachelor’s degree secured positions with salaries over $76,000. The 10 master’s degrees with the highest average starting salaries 1.
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 ...
34.9% of Americans over the age of 25 had educational attainment of having a bachelor's degree or higher in 2019. The state with the highest percentage of people having a bachelor's degree or higher educational attainment was Massachusetts at 50.6%, and the lowest was West Virginia at 24.1%.
Graduate unemployment, or educated unemployment, is unemployment among people with an academic degree.. Aggravating factors for unemployment are the rapidly increasing quantity of international graduates competing for an inadequate number of suitable jobs, schools not keeping their curriculums relevant to the job market, the growing pressure on schools to increase access to education (which ...
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]