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Giving Compass' Take:
• The 74 highlights a new report that shows how one-quarter of good jobs (those that pay at least $35,000 for workers ages 25 to 44) are held by those without a bachelor's degree.
• While a BA is still desired, this article shows how apprenticeships, associates degrees and other programs that prepare young people for the workforce have high value. In what ways can the nonprofit sector support them?
If you want a good job, getting a bachelor’s degree is still your best bet.
More than half of good jobs — 56 percent — are held by those who have at least a four-year college degree, a number that’s grown by 101 percent in the past 25 years.
But that’s not the only way to get a good job. One-quarter of good jobs are held by those who have a middle-skills education, such as a certification or associate’s degree. And 20 percent of workers with good jobs have just a high school diploma, though that number has declined over the past quarter-century.
That’s according to a new report from Georgetown’s Center on Education and the Workforce and JP Morgan Chase & Co., which analyzed data from the U.S. Census Bureau and Bureau of Labor Statistics from 1992 to 2017.
The researchers defined a “good job” as one that pays at least $35,000 for workers 25 to 44 and at least $45,000 for workers 45 to 64. As of 2016, median earnings for all workers with a good job were $65,000.
From about 1991 to 2016, the number of good jobs for people with at least a bachelor’s degree doubled in size, jumping from 18 million to 36 million. Middle-skills-level jobs grew by 3 million, while high school jobs decreased by 2 million.
Read the full article about alternatives to college for getting a good job by Kate Stringer at The 74.