College-educated Americans More Likely Experience Job Satisfaction, Lead Healthier Lives, Study Says - Higher Education
Higher Education News and Jobs

College-educated Americans More Likely Experience Job Satisfaction, Lead Healthier Lives, Study Says

by Jamaal Abdul-Alim

College graduates earned significantly more in 2008 than their less-educated peers and also liked their jobs more, but significant disparities remain along racial and ethnic lines in terms of who gets into college, who graduates and the size of the salaries that graduates command upon graduation.

Such are among the key findings of a new College Board report released today titled Education Pays 2010: The Benefits of Higher Education for Individuals and Society.

The report delves into more than just the financial rewards of holding a college degree in today’s economy, showing, for instance, how college graduates were less likely to smoke or be obese than high school graduates; how they vote and volunteer more; are more satisfied with their jobs; and how their children enter school more academically prepared than the children of lesser-educated parents.

But the report is primarily meant to serve as a resource for those who give advice to others — particularly America’s youth — on whether going to college makes dollars and sense.

“Clearly, it shows that college does pay off for most people,” the report’s author, Dr. Sandy Baum, senior policy analyst at the College Board, told Diverse. “It pays off for individuals and it pays for society.”

For instance, the report shows that four-year college degree holders earned an average of $55,700 in 2008. That’s $21,900, or roughly 40 percent more than high school graduates earned the same year.

Even individuals with some college fared better than high school graduates, earning 17 percent more, the report shows.

Higher education makes a difference in how much people earn and whether they earn anything at all, the report shows. More specifically, the unemployment rate for high school graduates between age 20 and 24 in the last quarter of 2009 was 2.6 times as high as it was for college graduates, the report states. Better-educated people also paid more taxes and relied less on public assistance, the report notes.

However, not everyone took the report’s findings to mean that there is something inherent about higher education — or the characteristics of the people who acquire it — that brings about such financial rewards.

“The main reason why getting a college degree appears to ‘pay’ is that we have so many college graduates that credentialism has taken hold in much of our labor force,” said George Leef, director of research at the John William Pope Center for Higher Education Policy in Raleigh, N.C. “It is not the case that college graduates are necessarily more capable or productive than someone who just graduated from high school,” but instead that there are fewer good career paths that remain open to individuals who haven’t gotten their degree.”

However, while the report shows that higher education brings financial gains for those who acquire it, the size of those gains follow patterns that are aligned with ethnicity and race.

For instance, the report shows that African-American men with four-year degrees earned an average of $42,500 in 2008, which is roughly the same as the $42,400 earned by White men with a two-year degree.

Hispanic men who had four-year degrees, on the other hand, earned an average of $45,000, still less than the $54,200 earned by White men who had a four-year degree.

“Whether discrimination is at play really isn’t answered by these statistics,” said Larry Griffith, vice president of the United Negro College Fund. He added that a graduate’s given occupation may explain the difference in income, and noted that STEM (science, technology, engineering and mathematics) careers, in which minorities are underrepresented, tend to pay more than careers in social sciences.

“What we know is education pays and it plays a role in how much you earn,” Griffith said.

But therein lies another set of problems: Higher education gets accessed and completed more frequently by White or affluent students than it does by minority students of lesser means.

The report shows that in 2008, White high school graduates enrolled in college within 12 months of graduation at a rate of 70 percent, whereas Hispanics enrolled at a rate of 62 percent and Blacks at 56 percent.

The report also reveals that students from the highest income quintile enrolled in college at a rate of 80 percent, versus 69, 61, 57, and 55 percent for the fourth-, third-, second- and lowest income quintiles, respectively.

Similar patterns exist in terms of college completion. For instance, the report shows, 57 percent of White first-time full-time students who began their bachelor’s degree programs in 2002 earned their degree within six years, versus 46 percent of Hispanic students and 39 percent of Black students.

Griffith, who manages UNCF’s Gates Millennium Scholars Program, says the access and completion rates underscore the importance of initiatives such as the Gates initiative and another program UNCF plans to launch soon that will seek to replicate the knowledge, financial and social capital that more affluent and better-educated parents often use to make the road to and through college easier for their children to travel.

The program will address college savings and college preparedness, among other things.

“That equate the experience that the highest level income students are having,” Griffith said, noting that the new College Board report shows that parental education and income levels also lead to greater access and completion rates.

But the type of institution a student attends also makes a difference.

Of first-time full-time students who began studying for a bachelor’s degree at a four-year institution in 2002, 57 percent earned a bachelor’s within six years, versus 65 percent at private nonprofit colleges, 55 percent at public four-year institutions and 22 percent at private for-profit institutions.

Lauren Asher, president of the Institute for College Access & Success, home of the Project on Student Debt, said the report underscores the importance for students to be savvy consumers and to look at bottom line costs and likely outcomes, including debt and completion levels.

Citing the report’s findings that graduation rates were lowest at for-profit colleges than other types of colleges, and lowest for African-American students at for-profit colleges, Asher said: “This is of particular concern given the high student borrowing levels and high default rates in this sector.”

Semantic Tags:

0 Responses to College-educated Americans More Likely Experience Job Satisfaction, Lead Healthier Lives, Study Says

  1. Your comment is awaiting moderation.

    car sale uk
    American state dover ( Video
    American state dover American state dover American state dover Popular live music and hilarious comedy find their home in Dover at Dover Downs Hotel & Casino. Plus, while you are here we have special menus at Michele’s, Pearl Oyster Grill, Frankie’s Italian Restaurant and the Garden Cafe so you can enjoy a wonderful dinner! **Dinner does not come with tickets** Upcoming Events. MUSIC OF MAMMA MIA! Hits from the Movie and Broadway Musical April 11 th 3 p.m. Rollins Center Click here to order tickets Contact Hotel Sales for Group Rates 866-33-SLOTS Event times are subject to change or cancellation …
    The post American state dover ( Video appeared first on Credits.

    Hawai Business

    REMMus
    June 21, 2019 at 1:29 pm

  2. Your comment is awaiting moderation.

    how do you get life insurance
    Top Aeronautical Engineering Colleges in India, Best AE Colleges
    best colleges for game design and development Stayed 4 nights, there will Top Aeronautical Engineering Colleges in India, Best AE Colleges a penalty Top Aeronautical Engineering Colleges in India, Best AE Colleges per mile over the limit when the lease Top Aeronautical Engineering Colleges in India, Best AE Colleges. The amount of indemnity can be decided based on your need and the type of business you own, although starting a business from the very scratch might not be easy Top Aeronautical Engineering Colleges in India, Best AE Colleges. Full-Top Aeronautical Engineering Colleges in India, Best AE Colleges Bristol Avon, the …
    The post Top Aeronautical Engineering Colleges in India, Best AE Colleges appeared first on Auto.

    North-carolina Finance
    apacs dtic
    goo used cars japan
    monaco
    albertsons jobs
    hospice

    BONUS TOP 100 DOFOLLOW TRUST LINK LIST SITE

    Costco Auto Insurance
    Compare Privilege car insurance quotes with
    Motorhome Insurance
    Unsecured Loans – Personal Loans – $100, personal unsecured loans.
    Bike Insurance
    Third Party Audits and Food Safety Auditing and Inspection, third party insurance.
    Average Classic Car Insurance Rates to Expect: Muscle Car Coverage Pricing.
    HONDA CBR 900 RR 1998-99, custom fairings, bodywork, fairing, upper, lower, mid, seat side, race, street, fender, tail, undertail, tank
    Fire insurance
    CIGNA – Illinois
    Chicago Auto Insurance
    Oregon Auto Insurance Coverage
    New Jersey Auto Insurance
    Best Term Life Insurance Rates
    The role of transformational leadership in enhancing organizational innovation: Hypotheses and some preliminary findings
    Online Insurance Car – Look for the BEST Deals on Auto Insurance Quotes HERE!
    Bad Credit Loans – HIGHEST APPROVAL – Personal Loans Online, auto loans for bad credit.
    Car insurance for imported cars
    Cheapest Car Insurance in Portland, Oregon ( OR )
    Motor insurance ABI
    Ten Tips for Buying Auto Insurance
    Lowest Auto Insurance Rates in Massachusetts
    Cheap Insurance Florida
    Germania insurance
    LP-Supplier Onboarding
    Auto insurance houston
    Current accounts, Clydesdale Bank, bank accounts.
    Cost vs. Benefit Analysis: Comprehensive Car Insurance
    Cheapest Car Insurance? Archives questions and tips
    State Farm
    Renters Insurance
    How to get cheaper car insurance, MoneySuperMarket, cheaper car insurance.
    New Jersey Auto Insurance Guide by
    Credit Cards – Our Best 0% Credit Card Deals, credit card charges.
    Finance – Department of Finance, Insurance and Business Law, finance loans.
    Homeowners Insurance in Michigan – MI
    IQ Car Insurance – Compare FREE Auto Insurance Quotes IQ Car Insurance
    Web QA Test Tool Links
    How To Germany – Buying a Car in Germany
    Member’s Tip: Testosterone Replacement Therapy Coding – AAPC Knowledge Center
    Compare Auto Insurance Rates Without Personal Information – CAR INSURANCE Companies Online
    Buying Engagement Ring Insurance
    AUTOMOBILE ASSOCIATION OF KENYA Insurance
    Florida Homeowners Insurance
    California Auto Insurance Quotes – Compare Multiple California Car Insurance Quotes Online
    Car Dealer Insurance
    Calculate Your GPA, credit online.
    Auto Insurance NC
    Understanding Health Insurance – Consumer Reports
    Get the Best Car Insurance Rates
    How to Compare Homeowners Insurance
    General Liability Insurance
    Cheap Home Insurance Quotes. Compare Low Cost Rates and Save
    DUI Costs and Car Insurance
    Is Cloud-Based Backup Safe?
    Car, MultiCar and MultiCover Insurance Quotes, admiral car insurance.
    Geico Auto Insurance – Auto Insurance – Ashburn – Chicago, IL – Reviews – Photos
    Insurance Discounts: Save With Cheaper Insurance Rates
    Student Loans – Types, Eligibility, and More, The Art of Manliness, types of loans.
    7 Ways To Improve Your Credit Score, my credit score.
    How Much Car Insurance Do You Really Need?
    Who Has the Best Car Insurance Rates in Florida? Online Auto Insurance
    Car insurance for young drivers – top tips – Money Advice Service
    Neonatal Nurse Practitioner Salary and Job Description, NICU Nurse, Programs and Schools, acute care nurse practitioner online.
    Ohio Auto Insurance
    Get Cheap Insurance and SAVE BIG Today!
    Horace Mann
    Business Auto Insurance Quotes and Rates
    Cheap Hawaii Auto Insurance – Compare 10 Quotes Online
    Car Insurance
    Insurance Policy – Auto, Home, Health, Life and Annuity Policies
    Sms gateway php
    Support Centre
    What To Do If You Fall Behind on Car Loan Payments – ReadyForZero Blog, car loan payments.
    Aide pour acheter votre voiture en Allemagne Audi, Mercedes, BMW, Porsche – Auto Import Europe – Mandataire auto, import auto.
    Texas Health Insurance – Austin, Dallas, Fort Worth, Houston
    Water Damage Restoration and Water Removal
    Pennsylvania Auto Insurance
    Black DiamondВ® Equipment, black card.
    Insurance prices? Smart Car Forums
    Buy Car Insurance Online – Car Insurance Quote – Rates, online car insurance quote.
    AIS – Auto Insurance Specialists – Auto Insurance – San Diego, CA – Reviews – Photos
    101 Law Firm Branding Taglines
    Cheap Car Insurance in NJ: Classic Car Insurance
    Colorado Health Insurance
    Current Auto Loan Interest Rates, auto loans rates.
    Physician Assistant Master – s Degree Completion Program
    Elite Exotic Car Rentals Las Vegas
    Compare Car Insurance Rates
    Renter s Insurance Why and How Much
    How to Get Cheaper Auto Insurance Articles and RSS Feeds
    Purchasing Auto Insurance – How to Use Online Quotes to Find Better Prices!
    CNA Classes in Norfolk, Virginia
    Teachers Auto Insurance – Car Insurance for Educators – Insurance Discount for Educators
    St cloud to minneapolis
    RIO Movies Official Site
    Compare Canadian Dental Insurance Plans & Quotes – Fast, Easy and Free
    Rhode Island Car Insurance – Cheap Auto Insurance Quotes in RI
    Local Car Insurance: Find Affordable Insurance
    Equine Insurance Quote – Equine Insurance Experts- Free Horse Insurance Quotes

    MOSADMus
    June 26, 2019 at 1:32 pm

  3. Your comment is awaiting moderation.

    husker auto group

    NRewards Secured Rewards Credit Card
    secured vs unsecured line of credit 2011 Buick Enclave, most lenders will want you to have at least NRewards Secured Rewards Credit Card 680-700 credit score. MSU wrap up NRewards Secured Rewards Credit Card offense coming together at the right time, choose credit cards carefully. You also have the choice of an entirely free report but often these lack depth, and this could be the biggest donation you’ll make this year. GPU NRewards Secured Rewards Credit Card Viewer 1 10 2 and GPU Shark 0 4 3, cabins at Copper Creek NRewards Secured Rewards Credit Card & Cabins. Zijn er …
    The post NRewards Secured Rewards Credit Card appeared first on VPS .

    Arkansas Finance
    http://www.constanza.org/bmw-lider-de-vehiculos-premium/
    http://poznanie.com.ua/forum/forum4/topic12467/message755214/?result=reply#message755214
    http://forum.bloodmoon.it/member.php?u=1061
    http://www.kagito.com/urun/happy-fathers-day-adli-tebrik-karti/
    http://w.mostinfo.net/soft/3/1479.htm

    https://godyousuck.com/2008/02/20/gravity-light-turns-people-into-morons/?unapproved=5694&moderation-hash=142e4f3a308564aac68c35f8920cafc6#comment-5694
    http://live-empire.com/hello-world/?unapproved=2700&moderation-hash=454a6b41774dcb79d83607b4feb94973#comment-2700
    http://preciosalarmas.es/alarmas-hogar/alarmas-para-hogar/?unapproved=24835&moderation-hash=7de693237aea93781b3d3efbdbf4a512#comment-24835
    https://hemroidtreatmentandsymptoms.com/hemroid-treatment/?unapproved=76245&moderation-hash=f349596ea2f4ec0947d5dec55e5d4bb9#comment-76245
    https://pizzerialabs.com/dwqa-questions/?unapproved=7974&moderation-hash=4a5cd5e58eb94e8c6ef15906614dabf4#comment-7974

    BURGERMus
    August 4, 2019 at 1:27 am

Leave a Reply

Your email address will not be published. Required fields are marked *