College Degree vs. No College Degree: Advantages and Disadvantages of Each

Every major examined by the New York Fed outearned a high school diploma in terms of median wages. There are always exceptions, of course, and some people whose education ended after high school end up earning more money than college graduates. A Georgetown University study found that 16% of workers with only a high school diploma earn more than half of workers with bachelors degrees

What are the advantages and disadvantages of getting a college degree?

In order to help you decide which course of action is best for you, the following examples of potential benefits and drawbacks of earning a college degree are provided:

Advantages

Here are some advantages to getting a degree:

Disadvantages

Here are some potential disadvantages:

What does it mean to have a college degree verses no college degree?

To be a college graduate, one must hold an associate’s, technical, bachelor’s, master’s, or doctoral degree from a college or university. Students must have a high school diploma or General Equivalency Diploma (GED) to be eligible for a college degree program at the associate or bachelors degree levels. Students must hold a bachelor’s or master’s degree to be eligible for college degrees at the master’s or doctorate level.

Contrarily, having no college degree typically denotes that a student has either successfully completed some or all of the requirements for their high school diploma or General Equivalency Diploma (GED). They may not hold a college degree, but they may have professional certifications or training in a particular field.

What are the advantages and disadvantages of not getting a college degree?

Similar to earning a college degree, not earning one can also have a variety of potential benefits and drawbacks. Here are some examples:

Advantages

Some advantages to not getting a college degree include:

Disadvantages

Some disadvantages may include the following:

Types of jobs you can get with a college degree

The jobs available at each degree level are listed below:

Associate degree

Here are some possible careers for people with associate degrees:

Bachelors degree

You can typically get these jobs with a bachelors degree:

Masters degree

For these positions, a master’s degree is frequently necessary:

Doctorate degree

People in these professions usually need doctorate degrees:

Types of jobs you can get without a college degree

Following are a few examples of the kinds of employment opportunities you could be eligible for without a college degree:

Without a high school diploma

You can obtain the following jobs without completing high school:

With a high school diploma or GED

Those with a high school diploma or GED are qualified for the following positions:

With certification course(s)

You typically only need to pass a certification course to qualify for these jobs:

The Most Successful People Explain Why a College Degree is USELESS

FAQ

Is it better to get a college degree or not?

The majority of graduates still find that a college degree pays off despite the rising cost of post-secondary education. People with bachelor’s degrees typically make a lot more money than people with only a high school diploma.

Is it OK to not have a college degree?

Some people don’t want to attend a campus university full-time, while others don’t want to attend any classes at all. Read on if you want to know how to live a good life without going to college but are turned off by the high tuition costs at campus colleges. The good news is that success is still possible without a degree.

What are the benefits of not having a college degree?

• Handling money.
• Talking to people.
• Having flexibility.
• Multitasking.
• Being Resourceful.
• Setting goals.
• Dealing with stress.
• Doing taxes.

What does no college degree mean?

Contrarily, having no college degree typically denotes that a student has either successfully completed some or all of the requirements for their high school diploma or General Equivalency Diploma (GED). They might not hold a college degree, but they may have professional certifications or training in a particular field. Related: Average Salary With vs.