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Unemployment Rate by Education Level
- Bachelor’s or higher – 4.4%
- High school diploma – 10%
- Less than high school diploma – 14.3%
Source: June 2011 Bureau of Labor Statistics
Average Earnings in 2009
- Master’s degree – $87,913
- Bachelor’s degree – $68,812
- Associate’s degree – $49,835
- High school graduate – $39,937
- Less than high school – $30,958
Source: www.postecondary.org
Number of college graduates needed to meet national job growth demand by 2018 – 22 million
Number of additional college graduates needed every year to meet national job growth by 2018 – 300,000
Source: Georgetown University Center on Education and the Workforce “Help Wanted: Projections of Jobs and Education Requirements through 2018”
What do these numbers and statistics indicate to you about the importance of higher education?
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