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What A Bachelor’s Degree Is Really Worth

by Kaitlyn Wightman
Marketing Specialist

November 14, 2014

With the cost of college tuition rising and the increasing popularity to earn a bachelor’s degree, is it still worth your time to earn a four-year degree? Does a bachelor’s degree still hold its weight in today’s competitive job market? 

A resounding yes. 

Experts say that a bachelor’s degree is not only worth the investment but also essential to achieving professional and personal goals. We break down the research to show what earning a bachelor’s degree can do for you. 

More Money In Your Pocket

According to recent research, the rate of return for a bachelor’s degree is around 15%. Professionals holding a bachelor’s degree earn 75% more during a lifetime than high school graduates. As if that wasn’t enough, college and university grads are less likely to become unemployed than their high school grad peers. 

That’s a big payoff. 

Snag The Interview—And The Job

The latest prediction is that 63% of all careers by 2018 will require candidates to hold a college degree. 

That shouldn’t be too surprising. Many career fields already require candidates to hold a bachelor’s degree in order to be considered for the vacant position. A bachelor’s degree, whether earned online or in person, can move your resume to the top of the application pile. 

Climb The Ladder 

Several career paths don’t require college education to get your foot in the door. However, if it’s your goal to move up within the organization, you’ll need to earn a bachelor’s degree. 

Often, promotions require that the candidate holds a bachelor’s degree. A bachelor’s degree can also give you a competitive edge against the competition for higher-ranked positions that may not require a four-year degree. No matter the situation, earning a bachelor’s degree shows your dedication to and your passion for your career industry—and your employer will take notice. 

Get Unstuck

Not only is it satisfying to earn a bachelor’s degree, but it can also let you take control of the direction your career takes. 

It’s not too late to reinvent your career. 

A bachelor’s degree provides you with the knowledge and skills you need to work in the field of your choice. If you’re currently working in a career that doesn’t satisfy your passion or career goals, earning a bachelor’s degree allows you to choose which specialty is right for you so that you can get your career moving in the right direction.

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