Education, Economics, & Earnings Emily B. Hester Jesse G. Downs.

transcript

Education,Economics,& Earnings

Emily B. HesterJesse G. Downs

Jesse Downs, M.S. Assistant Director, Career Services (Job Search)

E3 - Education, Economics and Earnings

Emily Hester, M.A. Coordinator, Student Financial Management Center

WHAT WOULD YOUR STUDENTS DO IF YOU TOLD THEM THAT ALL THEY HAD TO DO WAS ONE THING AND THEY

WOULD EARN 1 MILLION DOLLARS?

Bachelor's degree holders, the study found, can now expect

median lifetime earnings approaching $2.3 million,

while those with only a high school diploma average

approximately $1.3 million. (According to a Georgetown study).

Career Options after HS Enter Workforce Technical Training Associates Degree Higher Education Graduate Degree

What do we think when we see these individuals?

Mark Zuckerberg

What do students think when they see these individuals?

Mark Zuckerberg

Outliers

Many in the Facebook generation think they can go it alone to learn, build, and innovate.

Despite the rare outliers like Zuckerberg, Gates, and Jobs, genius remains a numbers game —one in 100 million.

College might not be for everyone, but a college degree offers the best way to develop intellectually and achieve long-term professional success.

Age and Money

Lifetime earnings According to a study by the Georgetown

University Center on Education and the Workforce, the value of a college degree is increasing – people with a bachelor's degree now make 84 percent more over a lifetime than those with only a high school diploma, up from 75 percent in 1999.

Is college worth it?

Unemployment & Education

Earnings Ratio

Credential Inflation? “Several years ago it

became very clear to us that master’s education was moving very rapidly to become the entry degree in many professions,” according to Dr. Stewart, president of the Council of Graduate Schools.

Postsecondary FutureA separate study by the Center

at Georgetown estimated that by 2018, 63 percent of U.S. jobs will require some form of postsecondary education or training – but today, only about 41 percent of adults have a college degree in America.

Earnings and Tax Payments

Real Life Example

The Houston Independent School District is the first district in the nation to participate in a pilot of the Five Ways Ed Pays campaign to promote the value of education to individuals and society, with College Board. In May 2011, all middle and high schools in Houston received brochures and posters in English and Spanish promoting the campaign and 50 Houston ISD school buses will be outfitted with campaign advertisements.

5 Ways Ed Pays

Did you know, individuals ages 25 to 34 with a 4-year college degree are 70% more likely to engage in vigorous exercise than those with only a high school diploma?

Did you know, individuals with only a high school diploma are about twice as likely to be unemployed as those with a 4-year college degree?

Did you know, parents with 4-year college degrees are 68% more likely to have attended a concert or live show with their children than parents with only a high school diploma?

Did you know, individuals with a 4-year college degree earn an average of $22,000 more per year than those with only a high school diploma?

Did you know, individuals ages 18 to 24 with a 4-year college degree were 75% more likely to vote in the 2008 election than those with only a high school diploma

Disclaimers

College may not be for everyone. Numbers are based on averages…

vary by field! Other figures say factoring in college

costs and student loan debt may only put college grads $450,000 – $800,000 ahead.

Student loan debt may not always be needed.

Education,Economics,& Earnings

Contact Info:Emily – sfmc@lsu.edu

Jesse – career@lsu.edu

Questions?

Education, Economics, & Earnings Emily B. Hester Jesse G. Downs.

Documents