With today’s economic environment, you may be wondering: Is a college degree worth the investment in terms of time, money, and earning power?

Consider the following statistics . . .

Earning power . . .

  • At age 22, the average college graduate earns about 70 percent more than the average person with a high school degree only.
  • This advantage is likely to stay with them over a lifetime of work. For example, at age 50 a college graduate earns about $46,500 more per year than the average person with only a high school diploma.
  • Over a lifetime, the average college graduate earns roughly $570,000 more than the average person with a high school diploma only.

Job Satisfaction . . .

  • College graduates tend to have a higher job satisfaction rate.
  • On average, college graduates live longer than high school graduates.

Employment rate . . .

  • In 2010, nearly 90% of recent college graduates were employed, compared with only 64% of their peers who did not attend college but went straight on to look for work.*
  • In 2011, the unemployment rate for graduates with a bachelor’s degree was nearly half that of a graduate with only a high school degree.

*Source: the Brookings Institute

Download an excerpt from a recent NAICU (National Association of Independent Colleges and Universities)  report on the value of a college education.

Contact our admissions department today to learn why a Nichols education is a sound investment for your student.