School Degree Types | Choosing a Career
Our chosen career can define our direction in life, and typically entails a lifelong commitment. Since choosing a career is such a vital point in life, it’s essential to spend a considerable amount of time on the self-assessment process. By evaluating your values, work interests, abilities, and traits, you should be able to come up with a better idea of the career path you want to pursue. Make a list of your desires and non-negotiables and narrow down your options until you are ready to decide. Once you’re prepared to make a decision, it’s time to set your sights on the kind of education that will help you realize your goal.
Education is an important stepping stone in achieving your dream job. Eventually, your decision to pursue a certificate or diploma program, associate degree, bachelor’s degree, master’s degree, or doctoral degree can spell the difference between a mediocre or successful career. Furthermore, investing in your education is an investment in yourself that enables you to climb the ladder of success. Education is an investment of time, effort, and money that pays returns; no one can take that away. Researching your options will help you make an informed choice when deciding the direction of your career.
While other factors such as motivation and work ethic contribute to a person’s overall success, it is a true that one’s level of education usually affects his or her income. As shown by the U.S. Census Bureau “Average Annual Earnings for College Graduates and Non-Graduates” survey from March 1998-2000, an associate’s degree can help an individual earn up to $38,200 per year. This is $7,700 more than what a typical high school graduate earns. Meanwhile, a bachelor’s degree enables one to earn up to $52,200 per year. Of course, individuals with a master’s degree ($62,300 per year) or a doctoral degree ($89,400 per year) understandably earn even more.
According to the U.S. Census Bureau “Work-Life Earnings for Full-Time Employees (in $ millions)” survey from March 1998-2000. According to the study, associate degree holders have average lifetime earnings of $1.6M while high school graduates only have $1.2M. Bachelor’s degree holders earn an average of $2.1M, master’s degree holders earn about $2.5M, and doctoral degree holders receive as much as $3.4M.
Furthermore, investing your personal education is an investment in yourself that enables you to climb the ladder of success. Education is an investment of time, effort, and money. This investment clearly pays returns and is also something that can’t be taken away. Knowing these facts should help you make an informed choice when deciding the direction of your career as it relates to learning.
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