When many young individuals start planning their future, they often concentrate on what is going to happen after they complete a bachelor’s degree and manage to get a high-paying job. A recent study conducted in Texas, however, found that in the current American economic climate, students who want to make sure they earn a big paycheck when they complete their studies might actually be better off if they opt for an associate’s degree.
The report entitled “Higher Education Pays: The Initial Earnings of Graduates of Texas Public Colleges and Universities” reached the conclusion that graduates who qualify with a two-year technical degree will, on average, earn around $11,000 more during their first year on the job than those students who opted for a bachelor’s degree.
Another factor to take into account is that after completing a two-year degree, students very often have less student debt than their colleagues who opted for a bachelor’s degree. This puts them in a better position to get on their feet financially much sooner than their counterparts. Moreover, there are several online associate’s degree programs that enable students to work and earn while completing the degree.
Texas-based Blinn College is an academic institution offering two-year degrees that is working hard to provide students with more options. Not every student wants to embark on a four-year bachelor’s degree program, and many may find that two-year programs aimed at preparing them for the workforce could be extremely effective.
The college’s academic adviser, Ann Reynolds, says on the school’s website that two-year colleges play a very important role, although this fact is not always understood in the industry. Their job is not only to get students started; colleges such as hers are involved in preparing students for four-year degree programs and also preparing those who are not planning to follow four-year programs for the job market.
Lately there have been a number of projects designed to make it easier to earn an associate’s degree. Tennessee launched an initiative to offer students who transfer from a two-year to a four-year program the opportunity to get credit for the associate’s degrees. That might not sound like much for those students studying towards an advanced degree, but for individuals looking for a job, the credential could be a big advantage.