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These high graduation rates are quite impressive and certainly nothing to scoff about, but I'm curious about the employment rate or median income of the graduat
by zhemao 13y ago
These high graduation rates are quite impressive and certainly nothing to scoff about, but I'm curious about the employment rate or median income of the graduates. The article doesn't mention these things at all, even though offering a path to the middle class is the ultimate goal of the program.
- loomio 13y agoCan't say anything about specific graduates, but overall statistics indicate that someone with a degree has about half the likelihood of being unemployed as someone without. Some quick stats from Wikipedia: > The average salary for college or university graduates is greater than $51,000, exceeding the national average of those without a high school diploma by more than $23,000, according to a 2005 study by the U.S. Census Bureau. The 2010 unemployment rate for high school graduates was 10.8%; the rate for college graduates was 4.9% Of course, college is not a panacea for everyone, but having a degree significantly reduces your chances of unemployment and poverty in general. In addition, education confers life benefits beyond simply employment, such as increased understanding of the world and critical thinking skills, writing ability, numeracy, etc.
- zhemao 13y agoOh I know that a college degree is helpful in general, but I meant this program specifically. Aggregate statistics can sometimes be misleading.