{"id":1161,"date":"2014-02-24T18:11:49","date_gmt":"2014-02-24T18:11:49","guid":{"rendered":"http:\/\/hfcc.mycareerfocus.org\/?p=1161"},"modified":"2014-02-24T18:11:49","modified_gmt":"2014-02-24T18:11:49","slug":"the-right-amount-of-higher-education-2","status":"publish","type":"post","link":"https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/the-right-amount-of-higher-education-2\/","title":{"rendered":"The Right Amount of Higher Education"},"content":{"rendered":"<p><a href=\"http:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2014\/02\/rightamount.jpg\"><img loading=\"lazy\" decoding=\"async\" width=\"960\" height=\"419\" class=\"alignnone size-full wp-image-1162\" alt=\"rightamount\" src=\"http:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2014\/02\/rightamount.jpg\" srcset=\"https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2014\/02\/rightamount.jpg 960w, https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2014\/02\/rightamount-300x131.jpg 300w, https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2014\/02\/rightamount-768x335.jpg 768w\" sizes=\"auto, (max-width: 960px) 100vw, 960px\" \/><\/a><\/p>\n<p class=\"introtext\">You don\u2019t have to commit to four years of college to increase your income.<\/p>\n<p>In choosing a career, it\u2019s important to know your personal interests and talents, the job outlook for occupations matching your interests and talents, the education required, and the earnings you can expect\u2014annually and over a lifetime.<\/p>\n<p>Several recent economic studies shed light on the outlook for national and local jobs, and help answer the question, \u201cHow much higher education do I need?\u201d<\/p>\n<p><b>More job openings\u00a0<\/b><b>for skilled workers<\/b><\/p>\n<p>A 2010 study from Georgetown University \u201cHelp Wanted: Projections of Jobs and Education Requirements through 2018,\u201d included these two conclusions:<\/p>\n<p>By 2018, the U.S. economy will create 46.8 million job openings and 63 percent of these will require workers with at least some college education.<\/p>\n<p>By 2018, the postsecondary system will have produced 3 million fewer college graduates than demanded by the labor market.<\/p>\n<p>While 65 percent of workers with a high school diploma and no college experience have household incomes placing them in the middle class or above, completion of an associate\u2019s degree raises this proportion to 80 percent. Earning a bachelor\u2019s degree pushes the proportion in the middle class or above to 86 percent. While 65 percent of workers with a high school diploma and no college experience have household incomes placing them in the middle class or above, completion of an associate\u2019s degree raises this proportion to 80 percent. Earning a bachelor\u2019s degree pushes the proportion in the middle class or above to 86 percent.<\/p>\n<p><b>Middle-skills jobs on the rise<\/b><\/p>\n<p>One in every five jobs and nearly half of those that pay $35,000 or more a year are \u201cmiddle-skills\u201d jobs that require training beyond high school, but less than a bachelor\u2019s degree.<\/p>\n<p>These jobs include nurses, computer support specialists, auto mechanics, dental hygienists, fitness trainers, heating and air conditioning mechanics, hairstylists, paralegals, pre-school teachers, and medical laboratory technicians.<\/p>\n<p>These middle-skill jobs are quite varied. In some you work with your hands, some you work with logic and numbers, and in others you work with people.<\/p>\n<p><b>Middle-skills jobs and\u00a0middle-class pay\u00a0<\/b><\/p>\n<p>In The <i>College Payoff,<\/i> labor market economists at Georgetown University indicate that 28 percent of workers with an associate\u2019s degree earned more than the median earnings of workers with bachelor\u2019s degrees.<\/p>\n<p>That\u2019s worth repeating: Nearly 3 in 10 workers with associate\u2019s degrees earn more than half of the workers with bachelor\u2019s degrees. The high earnings of registered nurses have a lot to do with that, but it\u2019s not just nurses.<\/p>\n<p>The economic benefit of additional education and training over a lifetime can be substantial.<\/p>\n<p>Some postsecondary education, even without earning a degree, adds nearly one-quarter of a million dollars to lifetime earnings.<\/p>\n<p>An associate\u2019s degree is worth over $420,000 in lifetime earnings above what you can expect to earn as a high school graduate.<\/p>\n<p>Add it up and the middle looks like a pretty nice place to be!<\/p>\n<p><i>Craig Clagett, Laura Lyjak Crawford<a href=\"http:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2013\/10\/infographic.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1102\" alt=\"infographic\" src=\"http:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2013\/10\/infographic.jpg\" width=\"550\" height=\"789\" srcset=\"https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2013\/10\/infographic.jpg 550w, https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/wp-content\/uploads\/sites\/3\/2013\/10\/infographic-209x300.jpg 209w\" sizes=\"auto, (max-width: 550px) 100vw, 550px\" \/><\/a><\/i><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You don\u2019t have to commit to four years of college to increase your income. In choosing a career, it\u2019s important to know your personal interests and talents, the job outlook for occupations matching your interests and talents, the education required, and the earnings you can expect\u2014annually and over a lifetime. Several recent economic studies shed&#8230; <a class=\"read-more\" href=\"https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/the-right-amount-of-higher-education-2\/\">read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":1162,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,4],"tags":[],"article_type":[],"class_list":["post-1161","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-education"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v25.3.1 (Yoast SEO v25.3.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Right Amount of Higher Education - Spring 2017 and earlier<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/hfcc.mycareerfocus.org\/spring-2017-volume-1-issue-1\/the-right-amount-of-higher-education-2\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Right Amount of Higher Education\" \/>\n<meta property=\"og:description\" content=\"You don\u2019t have to commit to four years of college to increase your income. 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