How to Determine the Value of Your Education: What is College Worth?

determining value of college degree In today’s economy, the value of a college education is greater than ever. No matter who you are, job security is no longer guaranteed. However, if you have a post-secondary degree, such as an Associate’s Degree or Bachelor’s Degree, maintaining a strong position in the workforce appears to be easier than if you only have a high school diploma.

A Bachelor’s Degree Can Increase Your Chance of Getting Hired

Many studies have been conducted on the value of a college education, particularly within the last few years. Individuals who have a Bachelor’s degree or higher have been proven to have an easier time keeping a job and steady work than those who never earned a minimum of a Bachelor’s Degree. This appears to be due to the fact that many lower skilled jobs are being outsourced overseas where labor is cheaper. Another reason is because computers have replaced the need for people in many areas, making the worth of your college degree continue to rise.

Is a Master’s Degree Worth It?

With the workforce being as competitive as it is, many people find having a Bachelor’s degree to be a necessity. In fact, there are individuals who find themselves wondering if they should go back to school for a Graduate degree in order to make themselves more competitive in the job market. This is not always an easy decision though. Those thinking about earning a Master’s Degree usually have families, bills and a multitude of other responsibilities making the thought of going back to school a bit intimidating. Determining how much time and money is required to enroll in a graduate program and earn another degree is worth it because knowledge truly is power and the more experience and education you have, the more you become an asset to the company you are working for. By making yourself an asset and not just another employee, you help to solidify your place in the workforce.

Your College Degree is Worth What You Put Into It and How You Use it

So how much is a college degree worth? Well, it really depends on what you are studying and what sort of careers you hope to break into. Whether you enjoy writing, helping people, medicine or teaching, a college degree is essential. How expensive it ends up being depends on where you choose to go to school and how long it takes you to graduate. No matter what route you choose though, never underestimate the value of your college education because ultimately, whatever money it ends up costing you, you will make back in the future.

Sierra Martinez is a Marine Corps wife, mother of one and a writer. She graduated from the University of South Carolina with a Bachelors in Journalism and Mass Communications and a focus in Public Relations.