Does Earning a Degree Increase Your Salary?

One commonly held belief about college degrees is that earning one will boost your income in your current job, or help you secure a job with a much higher starting salary than someone who only has a high school degree.

This may have been true at one point, but in recent years the earnings gap between high school and college graduates has been shrinking dramatically. Mary Pilon takes a detailed look at the earnings landscape in a recent Wall Street Journal article. It’s well worth a read whether you’re considering college for the first time or planning to return to school to earn a post-graduate degree.

One advantage to pursuing a degree via distance education is the lower cost. Combine that with the ability to work a full-time job while studying in the evening and you have a powerful alternative to the traditional college experience. Of course, it’s still a good idea to research your target career field and determine whether the cost of a college degree is truly worth the salary increase. It might not be.

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