3 Million New Jobs for College Majors by 2018

With rising tuition costs, many students may be wondering if it’s still wise to sacrifice time and money to get a college degree. As it stands, rising student loan debt is becoming an increasing problem for people pursuing college education. Moreover, some feel that because of the current state of the economy, a college degree is no guarantee that a person will still be able to get a job.

Why spend more money if you still end up unemployed after graduation? 

However, studies from the Georgetown University Center suggest that life with a college degree still provides better chances for success compared to life without a college degree. According to their research, the current unemployment figures are not just because of a lack of job openings. In their study, they found that there are many job openings still available despite the recession, especially In sectors such as Health Care, Education, STEM (Scientific, Technical, Engineering, Mathematic, and Social Sciences), Managerial and Professional Office, and Community Service and Arts. However, not enough Americans are completing college to qualify for these available jobs. In fact, an estimated 3 million new jobs will be left vacant by 2018, since there won’t be enough individuals with the proper education credentials to qualify for these jobs.

Based on the study, it’s clear that having a college degree holds an advantage especially when considering the long-term job outlook.

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