Micah Beckwith’s Post

🚀 Is University Education Still a Gateway to Success? 🎓   In a world where the value of a university degree is being questioned, recent data from the Federal Reserve reveals a compelling narrative: The wage gap between college and high school grads is not just present but widening. Recent college graduates aged 22-27 earn $24,000 more annually than their high school-only counterparts—a stark increase from the $15,000 gap in 1990.   🔍 Why This Matters: While the allure of a four-year degree may be waning in the eyes of many Americans, economic indicators tell a different story. The reality is, a college education provides a lifetime of earnings advantage, with benefits extending beyond mere financial gains. The need for educated workers is more pressing than ever, especially in an economy driven by high skill and knowledge generation.   💡 Zooming In: Despite the evolving job market dynamics, where skills are increasingly valued over degrees, the evidence is clear: college-educated individuals not only start with higher earnings but also see their wage premium double over their careers. This gap underscores the enduring value of a college education, not just as a means to a job, but as an investment in one's lifelong earning potential.   🤔 A Changing Landscape: It's undeniable that the recruitment landscape is shifting, with a growing number of job posts dropping degree requirements. Yet, this hasn't translated into a proportionate increase in hires without degrees, highlighting a complex interplay between skills, experience, and educational qualifications in hiring practices.   📊 A Deeper Insight: A groundbreaking study by Anne Case and Angus Deaton from Princeton University sheds light on another dimension of the education divide: life expectancy. The research reveals a growing chasm in the life span of Americans with and without college degrees. By the age of 25, non-graduates are expected to live about ten years less than graduates, a disparity that has widened over the past decades. This gap not only reflects the economic divide but also points to broader issues of inequality, health, and safety within American society.   🌟 Conclusion: As we navigate through these changes, it's crucial to remember that the benefits of a college education extend beyond the immediate job prospects. It's about the broader competencies, critical thinking skills, and the ability to adapt in a rapidly changing world, not to mention the significant impact on health and longevity. #highereducation #skillsdevelopment #lifetimeearnings #futureofwork #lifeexpectancygap

9-10% more earnings over an individual's career. That's significant, and it's the average impact earning a college degree has for students, according to the research in this article. I've said it before, but I really think as a profession, we must do a better job telling these stories and highlighting how our programs prepare students to land jobs. #highered #highereducation #higheredmarketing #highereducationmarketing https://lnkd.in/guxMtTDM

The media's portrayal of recent college graduates facing job challenges is exaggerated. While stories suggest a sharp reversal in job market dynamics, a closer look at the numbers reveals that the unemployment rates for new graduates and all workers have moved in tandem for the past decade. The article emphasizes the enduring value of a college degree, highlighting success stories of individuals initially facing difficulties but ultimately thriving in stable professional careers. The persistent narrative that college is no longer worth it can have real-world consequences, influencing perceptions of the economy and shaping individual and policy choices. The article encourages a more balanced understanding of the long-term personal and economic benefits of higher education, cautioning against a narrow focus on short-term statistics. #CollegeSuccessStories #HigherEdValue #LongTermGains #EconomicReality #GraduateProspects

One explanation for the declining ROI of college is the fact that we're graduating more people with bachelor's degrees than we have job openings for. Combine that with individual choices, and there is a growing pool of over-educated, under-employed people in America. I share more in my latest for Forbes with help from Jenny Flora Wells, MSW, LSW, ACSW, The Burning Glass Institute, Robert Bird, Katrina Wert, and Colin David Pears, PhD. #highereducation #studentloans #financialaid #college https://lnkd.in/gG7fscxN

52% of college graduates are working high school level jobs 🫨 The average cost of attendance for a public in-state college is $26,027 per year The average salary of a high school graduate is $42,590 per year, or $20 an hour. This extra financial burden has this generation asking if college is even worth it. And companies are asking whether universities are producing the kind of knowledge workers that they need. The over saturation of college educated workers mixed with the limited jobs available for degree holders are forcing students to take jobs that they could have gotten right out of high school. So students and leaders alike, focus on developing #skills over #experience or traditional credentials like a college degree. Do you think college is still relevant? #futureofwork #employeeexperience #college #degree #certification

📚 The Value of a College Education: Personal Growth vs. Job Skills 📚 Did you know that 50% of Americans believe college should focus on workplace-relevant skills, while 35% prioritize personal and intellectual growth? Understanding these perspectives can help us shape the future of higher education. But with a challenging job market that already desires prior experience, we must question if the education we are receiving is truly preparing us for the workforce. #CollegeEducation #PersonalGrowth #JobSkills Read the full story here: https://lnkd.in/erhWPTkc #CollegevsExperience #Learning

Check out this fascinating article from CNBC about the top 10 college majors that graduates regret the most. It's a must-read for anyone considering their future studies or career path. https://lnkd.in/eS-XVPrN #CollegeMajors #Education #CareerChoices #FinancialPlanning #FinancialFuture

Check out this fascinating article from CNBC about the top 10 college majors that graduates regret the most. It's a must-read for anyone considering their future studies or career path. https://lnkd.in/eN53Cy6z #CollegeMajors #Education #CareerChoices #FinancialPlanning #FinancialFuture

Check out this fascinating article from CNBC about the top 10 college majors that graduates regret the most. It's a must-read for anyone considering their future studies or career path. https://lnkd.in/eG4Cc8mc #CollegeMajors #Education #CareerChoices #FinancialPlanning #FinancialFuture

Check out this fascinating article from CNBC about the top 10 college majors that graduates regret the most. It's a must-read for anyone considering their future studies or career path. https://lnkd.in/enNmQcqZ #CollegeMajors #Education #CareerChoices #FinancialPlanning #FinancialFuture