Would a college degree guarantee for the high income as it used to?

United States
June 13, 2010 12:57pm CST
In most people's impression, finishing college or getting a degree, at least you would get a high income job, like around $60,000 to $80,000 per year. If you go for professional, you might have higher potential than that. But, under some survey, this mind set is changing now. Average college graduated, like a Bachelor's degree, you might make around on average $45,000 per year. Don't get me wrong, I am trying to discourage people not go for further education. Education is a must according to my opinion. At least you can go for your goal a lot easier than people only finish their high school. Because of market competition in Human resources, we should train ourselves on every area to gain more experiences and knowledge. Nonetheless, we are all trying to make big bucks. That's why we invest some much in college for.
1 person likes this
4 responses
18 Jun 10
I recieved my degree a few years ago and have never earned a high wage. At the moment I am a stay-at-home mum by choice though will eventually go back into work though work is hard to fiIt is a shame though it is true - there is so much put on education and going to uni though people dont realise that it does not always guarentee a high income.
• United States
18 Jun 10
In recent economic situation, it won't be the same if you had already graduated 10 years ago. Now even you are with a college degree, you are still competing with wide variety of people with their professional experiences.
• United States
20 Jun 10
Salaries for fields of study will vary. Teachers, generally, make some of the smallest salaries, even with a PhD. For a example, a person with a PhD working in a college for the first time may make about 45K as a starting salary. If the same person worked in industry, the salary would be doubled, not including a start-up package. Then a person who is working as a nurse with a B.S. or M.S. degree, may make about 75K, depending upon the nursing specialty. Within the sciences, statistics show that with a degree you will earn more in the long term. You may have person (B.S. degree) who started with a company making 45K and after 15 years, the person has a salary of 60K. A PhD who comes into the company will typically begin with a starting salary of at least 70K. Once again, you still have to consider the field of study and other things such as geographical area.
@Jennlk84 (4206)
• United States
17 Jun 10
I think college degrees are very important for one to get but I also think they've changed a lot over the last several years. As my husband says - college is the new high school. Just because you go to college doesn't guarantee you a great paying job. It's incredibly unfortunate but is just the way society is now a days. I am a certified teacher and live in a state that is cutting teaching jobs and obviously doesn't need to hire any! So I'm stuck finding other jobs working with children until they start hiring again. So I have a college education I'm trying to pay off but am certainly not making the big bucks I thought I would be by now to help me pay it off.
• United States
13 Jun 10
A college degree doesn't mean as much as it used to! I am one of four siblings. I am the only one with a college degree and they all made more than me for a long time. They did special training in their fields of employment. Me.. I degreed in education. Their salaries are much higher than mine. However, I love teaching so no problem here!
• United States
13 Jun 10
I am a teacher and have a college degree but am not making high income.