Higher Education: A Wise InvestmentBy George Mason University May 03, 2013 12:00PM UTC
Higher Education: A Wise Investment
Although expanding on your current skill-set may be key to propelling your career forward, many individuals find themselves confronted with multiple dilemmas. Monetary or occupational concerns revolving around college enrollment may dampen your ambitions. You may even find yourself asking, “Is pursuing a higher level of education right for me?” No matter what drawbacks you face during your academic journey, the benefits far outweigh the trials. Listed below are a few vital points we extracted from the above infographic regarding why furthering your education is a wise investment.
Affordability remains a critical complaint when it comes to American colleges. Upon viewing the above infographic, a whopping 75% of Americans surveyed answered ‘No’ when asked if college is affordable. However, a typical college graduate earns an estimated $650,000 over the course of a 40-year work life. Although this information is highly dependent on your field of study, college graduates have the potential to earn quadruple, even quintuple, the amount spent on education within their lifetime.
Career advancement and satisfaction prove to be the average result once the higher education equation is complete. Studies show less than 40% of high school graduates expressed satisfaction with their level of education, while an astounding 90% of MBA graduates were cited as being very satisfied.
To reiterate, no matter what career path you choose, investing your time and money into higher education will always be a wise decision. For more intriguing facts about obtaining a college or graduate school degree, check out the infographic above.
About Paige Wolf
As director of graduate programs at George Mason’s School of Management, my vision is to have a vibrant, collegial community of active learners who develop enduring professional relationships with faculty, staff, and fellow students while pursuing their degrees.
Prior to this position, I spent 11 years with the School of Management as an associate professor of management teaching both MBA and undergraduate courses in organizational behavior and human resource management.
I have more than 16 years of experience as an internal and external consultant on strategic human resource initiatives including team building, organizational development, competency modelling, performance management, employee selection systems, career planning, employee training and development, leadership assessment, and human resource audits.