Education Pays

Physician's Money DigestMay 31 2004
Volume 11
Issue 10

The AACC reports that students who obtain associatedegrees and certificates are more likely tomove into higher-status management and professionalpositions with greater earnings. For example,the association notes that students who earn associatedegrees average lifetime earnings of $250,000more than those without degrees.

Journal ofBusiness and Economic Perspectives

Studies also show that society gains from supportinghigher education. According to the AACC, 32.8% ofcommunity college students receive some type offinancial aid. A study published in the reveals that forevery dollar Tennessee invests in higher education, societycan expect an average return of $9.30. However, foran individual with a 2-year associate degree, that cost-benefitratio is even higher, at $10.52.

In addition, community colleges offer a widerange of credit and noncredit programs in occupationsthat the Bureau of Labor Statistics says are nowin high demand. These include the fields of digitalsystems, dental hygiene, and registered nursing.

Related Videos
© 2024 MJH Life Sciences

All rights reserved.