news1 - Lessons from the Recession: College Matters U.S....

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Lessons from the Recession: College Matters U.S. News; by Kimberly Palmer Posted: October 1, 2010 http://money.usnews.com/money/blogs/alpha-consumer/2010/10/01/lessons-from-the-recession- college-matters Document Word Count: 714 Summary: The article claims a new research study (name not provided) shows that having a college degree not only prepares our work force to enter into jobs but also helps create resiliency to the unemployment effect of a recession. The statistics show that college graduates normally have a 2.6% unemployment rate. During our most recent recession, that number rose, from 2.6% to 4.6%. However, if we look at the high school graduate percentage, (during this past recession) it's about 9.7% unemployment. It is also a known factor that college graduates earn more income than high school graduates. The average median salary of a college graduate with a bachelors degree is $55,700. The average median salary of an individual with just a high school diploma is $33,800. The article goes on to show that this does not mean that a college degree will make
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 02/18/2011 for the course CGS 1100 taught by Professor Smith during the Fall '10 term at St. Petersburg College.

Page1 / 2

news1 - Lessons from the Recession: College Matters U.S....

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online