Graphs - Benefits of Higher Education

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More than ever, more education means more pay.

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Weekly Wage Earnings By Degree

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Weekly Wage Earnings By Degree


If you want an income that's above the median, you need at least a bachelor's degree.

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Weekly Wage Earnings By Degree


Ohio nonprofit colleges and universities, for the fourth straight year, contributed more than $2 billion in employee salaries and fringe benefits to local economies.

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Weekly Wage Earnings By Degree


As Ohio's educational attainment has climbed, so also has per capita income, but there is still room for improvement.

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Weekly Wage Earnings By Degree


Of the 11.6 million jobs created in the post-recession economy, almost three quarters went to workers with a bachelor's degree or higher.

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Weekly Wage Earnings By Degree


How well are young college graduates doing in the job market? This quiz from the New York Times reveals a truth about the value of the bachelor's degree.

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Weekly Wage Earnings By Degree


A bacherlor's degree is an Ohioan's surest path to economic security.

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Weekly Wage Earnings By Degree

An educated population leads to better outcomes, including better health.

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Weekly Wage Earnings By Degree

Higher education leadership in both public and nonprofit sectors believe their students are prepared for life after graduation.

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Weekly Wage Earnings By Degree

A better educated citizenry takes part more fully in the nation's civic life.

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Weekly Wage Earnings By Degree

Ohio veterans using education benefits from the VA have doubled since the beginning of the Post 9-11 program in 2010.

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Weekly Wage Earnings By Degree

Independent colleges and universities are an essential component of preparation for fruitful employment.

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Weekly Wage Earnings By Degree

The learning that occurs in liberal arts colleges remains extremely valuable in the employment marketplace.

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Weekly Wage Earnings By Degree

Ohio's "Top 50" jobs have above-average annual earnings, growth rates faster than the statewide average, and are expected to stay in demand. Of these good jobs worth having, nearly three quarters of the projected annual openings require a college degree, and more than half at least a bachelor's, which only a quarter of the state's adults hold.

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Weekly Wage Earnings By Degree

Despite the challenges facing today's college graduates, the value of a college degree has remained near its all-time high, while the time required to recoup the costs of the degree has remained near its all-time low.

Graph and quotation from Abel and Deitz, "The Value of a College Degre," on the Liberty Street Economics weblog published by the Federal Reserve Bank of New York.

The entire article is available here.

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Weekly Wage Earnings By Degree

Finishing a bachelor's degree on time yields an immediate payoff.

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Volunteerism

Independent colleges inculcate values as well as knowledge.

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Change in jobs by education level

Even in a recession, a college education is the best preparation for the labor market.

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marital status by education

As marriage rates in the U.S. drop, those with college degrees are more likely to have spouses.

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boys like school with educated parents

The better educated a child's parents are (especially a boy's) the more likely the child is to be positive about his or her education.

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To obtain well-paying jobs in demand by employers, a college education is increasingly necessary, and particularly a bachelor's degree, as nearly all the expansion in jobs needing just an associate degree is in one field, nursing.

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parent child degree

Completing your own degree correlates with the rigor of your childrens' K-12 education program.

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attainment v job

Meeting the demand of Ohio's future labor market requires investment in students completing their degrees today.

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top wage occupations

A focus on higher education goals serves the interests of both the state and its citizens.

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smoking

Another benefit of a better-educated citizenry is behavior correlated with better health.

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poverty rate and ed

By nearly every economic measure, it pays to be as well educated as possible.

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us jobs

More than half of the growth in jobs in the coming decade will require at least a bachelor's degree.

See the whole study, "Help Wanted: Projections of Jobs and Education Requirements Through 2018."

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ohio income

In the last decade, external causes appear to have overwhelmed the effect on income usually expected from the increase in the number of Ohioans who have earned at least a bachelor's degree.

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employers seeking degreed employees

Employers increasingly see the bachelor's degree as a key criterion when seeking new employees.

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LSC

The independent sector provides more than its share of recent graduates to a distinguished group of seminal public servants.

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voting rates

The benefit of higher education to our society is far more than merely economic.

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college is essential

American increasingly recognize that college education is essential to success.

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paycheck

In 20 years, the value added to the paycheck by having a bachelor's degree over a high school diploma has increased more than 25 cents on the dollar.

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income and time at work

Not only does completing a bachelor's degree mean more time at work, but propotionately more income. For every dollar earned by a bachelor's degree holder, an associate degree holder earns just 69 cents.