Report finds non-degree holders face uncertain future

 

A new report finds that those without a postsecondary degree on their resume feel less secure about their future and their ability to find a good job compared to those who have completed college.

The new study by the Bill and Melinda Gates Foundation, "One Degree of Separation: How Young Americans See Their Chances for Success," showed that 4 in 10 people between the ages of 26 and 34 want to go back to college to finish their education, but most of them do not know how to take out federal loans for financial aide.

Of the people surveyed, those who had only graduated from high school said they were less likely to considered their occupations a "career." Those without a degree who were not working also felt that they were less likely to find a job within the next year compared to their peers who had graduated.

The report recommends that colleges try harder to recruit lower-income students looking to return to school.

The Bureau of Labor Statistics reports that professionals with an advanced degree have the potential to earn $1,000 more per week than those who have little or no college education.


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