Invest in yourself and it will pay off.
Did you know, as of 2021, nearly 4 out of 10 Americans ages 25 and older have a bachelor’s degree (Pew Research Center)? Today, a degree is even more important in our fast-changing world of start-ups, entrepreneurs, consultants and tech firms.
Is a science education is a worthwhile investment considering that student loan debt may be involved?
From a financial perspective, the answer is “yes.” According to a College Board report, the average science graduate will earn enough to offset the cost of college by age 34.
The answer also depends on your own life goals and career aspirations. Many people view earning a college degree as part of a successful life, especially in today’s market. It may be helpful to think about your personal educational goals and lifestyle choices when making a highly consequential decision like getting a bachelor’s degree. Below are some top reasons to consider.
10 reasons why getting a bachelor's degree is a good idea
- Nearly 60% of all jobs in the U.S. economy require higher education.
- Earning a bachelor’s degree can prepare you for jobs that call for specific training. Some careers evolve so frequently that having a bachelor’s degree can help you adapt to changes and do new types of work.
- Develop in-demand skills employers seek in employees: communication and writing skills, time management, teamwork, collaboration, critical thinking and leadership.
- People with a bachelor’s degree earn more, especially with those in science, technology, engineering and math, according to a Bureau of Labor Statistics report. The study found that the average salary directly correlates to education level. On average, earning a bachelor’s degree will raise your average annual income to $68,190 over 10 years.
- Building a professional network is easier with a bachelor’s degree.
- A bachelor’s degree opens doors to dream jobs like becoming a physical therapist, lab manager, physician, environmental lawyer or other professions in science.
- A bachelor’s degree is a catalyst for driving personal development, growth and satisfaction.
- People with bachelor's degrees are happier with their work, according to a Pew Research Center study.
- A four-year degree increases your financial security. The jobs come with strong benefit packages that create economic stability, such as retirement plans, health insurance and sick leave.
- It's worth it. By 2018, 57% of Generation Z high school grads were enrolled in a 2- or 4-year college. Compare that to 52% of Millennial grads in 2003 and 43% of Gen Xers in 1987!