No doubt you understand the value of higher education. “When averaged across gender and fields of study, the holders of a post-secondary education make a cumulated average of about $1,000,000 over 20 years compared to a cumulated average of about $670,000 for high school graduates” (Understanding Canadian Business,9th ed. page.4). Post-secondary graduates make approximately 60% more compared to high school grads. Therefore, the possibility to be paid back what you have invested in your post-secondary education is evident.
Thinking about a business post-secondary education compared to any other post-secondary or high school education, the earnings is shown in the following graphic:
Note:. Earnings are average across men and women; post-secondary overall earnings is across nine areas of study.
Of course, there are good careers available to non-post-secondary grads. However, it is clear that people with higher education are more likely to have higher earnings over their lifetime. Not to mention that those with a degree or post- secondary diploma are associated with more years of coverage in an employer-sponsored pension plan and fewer layoffs than a person with a high school diploma.
Thus, the value of a post-secondary education is more than just a larger paycheque. Some benefits such as improving your critical thinking and communication skills, improving the ability to live in a diverse and competitive world are reached as well. In addition, knowing that you reached your goal and earned a degree or post-secondary diploma gives you the self-confidence to work toward future goals.
Wrapping up, the rewards of a post-secondary education are well worth the effort for graduates, who can expect to earn nearly 60% more than high school grads over 20 years. The growing needs of a global workplace require knowledgeable workers to fill the jobs of the future.
There are many options for you to gain knowledge from industry experts. You may work in a company, volunteer in an organization or plan to take a post-secondary program. One great opportunity to get an excellent experience and to open doors to your future is through an exchange program. Studying abroad will extend your understanding and awareness of the business world.
Just as a reminder, no extra cost for that. Sounds good? 🙂