A college education remains a path to more stable, higher-paying employment. The recent jobless rate for college graduates ages 25 and older was 3.2 percent, and their median pay at full-time, full-year jobs was $75,300 for men and $53,700 for women. That is a far lower rate of joblessness and a far higher pay level than for high school graduates and people without high school diplomas. To read the whole article, go to the original source...
Thursday, February 13, 2014
Making college pay
By The Editorial Board, Opinion Pages. The New York Times February 12, 2014. It seems logical: College graduates have lower unemployment and earn more than less educated workers, so, the thinking goes, the fix for today’s anemic growth in jobs and wages is to make sure that more people earn college degrees. But that’s a common misperception, deflecting attention from the serious work that has to be done to create jobs and improve incomes.
A college education remains a path to more stable, higher-paying employment. The recent jobless rate for college graduates ages 25 and older was 3.2 percent, and their median pay at full-time, full-year jobs was $75,300 for men and $53,700 for women. That is a far lower rate of joblessness and a far higher pay level than for high school graduates and people without high school diplomas. To read the whole article, go to the original source...
A college education remains a path to more stable, higher-paying employment. The recent jobless rate for college graduates ages 25 and older was 3.2 percent, and their median pay at full-time, full-year jobs was $75,300 for men and $53,700 for women. That is a far lower rate of joblessness and a far higher pay level than for high school graduates and people without high school diplomas. To read the whole article, go to the original source...