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How a Bachelor Degree Has Changed

In: Business and Management

Submitted By bjscha02
Words 1066
Pages 5
How a Bachelor Degree has Changed

Brandon Schaefer

Anthony Biduck

PHI210

09/10/2012

I have realized from personal experience how important higher education is when it comes to finding a job that pays a good salary. Although a bachelors degree is important, it seems to be declining in value because it has become a commonality in the face of an increasingly competitive job market and a declining economic environment. For most jobs nowadays, a bachelors degree is a basic requirement. As a result, the earners of college degrees must find alternative ways of distinguishing themselves from others who also hold a bachelors degree. Ten years ago, a person with a bachelors degree stood out over their peers who had only obtained high school diplomas. Through surveys, research, and experience I found that this has changed, and a bachelors degree in today’s society is equal to a high school degree ten years ago.

Earnings are an indicator of the demand for college graduates because wages tend to increase fastest for workers in greatest demand. It has always been known, that the more credentials that you have, the more likely you are to get hired and paid a higher wage. If this is true, then it is only natural that more people are obtaining their Bachelors degrees each year in order to obtain a better career. If this is the case, the jobs that pay good are increasingly getting more applicants

per year that have bachelor degrees. This means that the jobs have more options to choose from each year. Now lets say that in 2002 a company had ten high school graduates turn in resume's and two Bachelor degree holders turning in resumes. The employer would most likely narrow his decision down to the two people that hold the Bachelor degrees. Now say each…...

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