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College: The Best Option for An
Uncertain Future
- An associate degree or higher is the most significant level of postsecondary education or training required for 13 of the 20 fastest growing occupations between 2008 and 2018
- Seven of the 10 fastest-growing occupations between 2008 and 2018 (based on the percent of growth) require a bachelor’s degree or higher.
In fact, there is a direct link between
the income of most Americans and the education they
obtain:
On average, a college graduate
will earn about a million dollars more in his lifetime
than a high school graduate. |
- Manufacturing jobs, historically a mainstay of the Indiana economy, have been disappearing across the country and in Indiana in recent decades. In 1950, manufacturing's share of total employment in the United States was 33.1%. By 1989, it was down to 18.2% and by 2003, it was 10.7%. In Indiana where manufacturing jobs represented 41.3% of total employment back in 1965, the number had fallen to 20% by 2002 (and is projected to continue to decrease in many manufacturing sectors).
- According to “Hoosier Hot 50 Jobs”, a listing of the jobs most "in demand" for the state of Indiana between 2004 and 2014 compiled by the Indiana Department of Workforce Development, 41 of the 50 “hot jobs” require at least an associate degree (or more) and three of the others require completion of an education/certification program. In fact, 33 of the 41 require a bachelor’s degree or more.
- According to “Hoosier Hot 50 Jobs”, a listing of the jobs most "in demand" for the state of Indiana between 2008 and 2018 compiled by the Indiana Department of Workforce Development, 32 of the 50 “hot jobs” require at least an associate degree (or more) and two of the others require completion of an education/certification program. In fact, 23 of the 34 require a bachelor’s degree or more.
- The average annual median wages in 2007 for Indiana workers with varying degrees of education also differed greatly, ranging from $20,361 for those with only short-term on-the-job training to over $101,000 for those with professional degrees. Hoosiers with a bachelor's degree earned $49,054 in 2007, on average. That's a difference of $28,693 per year between those with just short-term on-the-job training and those with a bachelor's degree!” (Source: Indiana Department of Workforce Development).
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