Document Number: 10881Higher Education Pays: But a Lot More for Some Graduates Than for Others - A study based on first-year earnings of recent college graduates in five states challenges conventional wisdom. Some short-term credentials, including associate’s degrees and occupational credentials, for example, are worth as much or more than long-term degrees, according to data from Arkansas, Colorado, Tennessee, Texas, and Virginia. Further, graduates from flagship universities who go straight into the labor market, on average, do not earn more than graduates from regional campuses. The labor market rewards technical and occupational degree skills, but the value of the S in STEM is overrated. Employers pay more for graduates in technology, engineering, and math than for students who graduated with biology and chemistry degrees. (American Institutes for Research, Mark Schneider, September 2013)...
Related IssuesEconomic/Workforce Development