online degree programs

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The following tables from the bureau of labor statistics show you are definitely making a smart move by seeking out online degrees.

Table 1. Percent of weeks individuals were employed, unemployed, or not in the labor force from age 18 to age 36 in 1978-2000 by educational attainment in 1978-2000

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Table 2. Fastest growing occupations and occupations projected to have the largest numerical increases in employment between 2000 and 2010, by level of education or training (from the U.S. Bureau of Labor Statistics).

First-professional degree | Doctoral degree | Master's degree
Work experience plus bachelor's or higher degree | Bachelor's degree
Associate degree | Postsecondary vocational award
Work experience in a related occupation| Long-term on-the-job training
Moderate-term on-the-job training | Short-term on-the-job training

College at Work: Outlook and earnings for college graduates 2000 - 2010 (from the U.S. Bureau of Labor Statistics Occupational Outlook Quarterly, Fall, 2002).

When it comes to work, having a college degree is one of the best ways to gain and maintain a competitive edge. On average, college graduates enjoy advantages—ranging from more job opportunities to better salaries—over their non-college-educated counterparts. 

A college degree does not guarantee that workers will find their dream job, but it does help prepare them for career pursuits. And the goal of career preparation is at least part of the reason that more than 1 million students earned their bachelor’s degrees in 2000. 

For our purposes, the term “college degree” refers to any bachelor’s or higher degree: master’s, including master of business administration; professional, such as law; and doctor of philosophy, or Ph.D. Data are examined by workers’ highest levels of educational attainment—from high school diploma to Ph.D.

College preferred and college required jobs - more career options.

Many occupations may be classified as “college preferred”—that is, a college degree is helpful, but not mandatory, in obtaining the job.

But there are a number of occupations that only a college graduate can hold. Some may require several years of additional education beyond a bachelor’s degree, leading to a graduate or professional degree, and a license to practice.

Among the largest of these are health diagnosing and treating occupations, including physicians, dentists, and veterinarians; teachers and faculty; and lawyers.

College-preferred occupations do not necessarily specify a preference for field of study. As a result, college graduates’ career options include entering occupations unrelated to their major.

A 1997 survey by the U.S. Department of Education’s National Center for Education Statistics found that, 4 years after obtaining a bachelor’s degree, 55 percent of graduates were in jobs related to their major field of study.

Social sciences majors had the lowest proportion, 33 percent, of jobs related to their field of study. In contrast, 82 percent of those who majored in the rapidly growing health-related fields held jobs related to their major.

Better promotion opportunities - another reason to pursue online degree programs

Better promotion opportunities. Job promotions usually are based on workers’ motivation, quality of work, and ability to get along with others.

But supervisors often interpret having a college degree as a sign that workers are serious about the job, know how to learn, and can achieve goals. Supervisors considering candidates for promotion may look more favorably upon those who have a college degree than on those who do not have one.

For example, in 2000, 24 percent of supervisors in administrative support and clerical occupations had a college degree, even though college graduates are only 14 percent of the workers in this occupational group as a whole.

Similarly, 32 percent of supervisory police and detectives in 2000 held a college degree, despite college graduates being 21 percent of nonsupervisory police and detectives.

Higher earnings - a compelling reason to check out online degree programs

The ability to earn a high salary over a lifetime is one of the most compelling reasons to earn a degree.

Among the top 25 percent of full-time wage and salary earners in 2000, 58 percent had a college degree. The median weekly earnings of workers aged 25 to 64 with a bachelor’s degree was $834, compared with $507 for workers whose highest level of educational attainment was a high school diploma or equivalent.

Earnings increased for those with advanced degrees. But not all college graduates earn high salaries; in fact, 17 percent of these bachelor’s degree holders earned less than the median for all high school graduates in 2000.

Nevertheless, data show that most college graduates earn more than workers whose highest level of educational attainment is a high school diploma.

The following tabulation shows the 2000 median weekly earnings of workers aged 25 to 64 by highest level of educational attainment and the proportions of those workers who earned less than the median for high school graduates degree.

In contrast, real earnings increased only 2 percent for their counterparts whose highest level of educational attainment was a high school diploma.

More remarkably, wages increased despite a 33-percent increase in the number of college graduates aged 25 to 64 and working full time, far surpassing the 4-percent increase in the number of workers with a high school diploma.

At the same time, however, wage increases became less evenly distributed among college graduates.

The difference in real weekly earnings between the lowest earning (10th percentile) bachelor’s degree holders and the highest (90th percentile) increased from $1,075 in 1992 to $1,297 in 2000—that translates to nearly $11,500 annually.

Bachelor’s degreeholders in the top 10 percent earned 16 percent more in 2000 than they did in 1992, while earnings for those in the lowest 10 percent increased only 5 percent

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