About
Connect with the colleges of Grand Canyon University (GCU) through the GCU Community page. Enjoy a collection of the latest news, events and hot topics that GCU’s Deans, faculty, staff and students have prepared. As an aggregate of the colleges’ blog, you will find an assortment of topics assembled on this community page. Click around and get lost in the engaging content provided by GCU.
Let's get started on your degree

* Do you have a high school, college or university credits from outside the U.S.?
* Are you a U.S. Citizen?
* Are you a licensed, registered nurse in the U.S.?
(example: 777-777-7777)
Browse

* Required field

** Required field if international

Request More Information

The Value of a College Degree

0

The benefits of a college degree are many. By attending college, you will gain an invaluable education, not to mention learn the independence and basic socialization skills needed to function in the “real world.”

But what about the economic benefits? With the cost of a college education skyrocketing, it’s only natural to wonder whether it’s financially worth it.

Recent studies point to an overwhelming “Yes.” On the whole, people who have a postsecondary degree earn substantially more over their careers than those who do not.

According to a report from the State Higher Education Executive Officers (Dec. 2012) analyzing Census and U.S. education statistics, average earnings only go up as the degree level increases:

EDUCATION vs. INCOME

Degree Level

Median Annual Income

High School Diploma $29,423
Associate’s Degree $38,607
Bachelor’s Degree $50,360
Graduate Degree $68,064

 

College graduates don’t just earn substantially more than those who don’t have a higher degree, but they’re also more likely to have a job in the first place.

The following shows Bureau of Labor Statistics data from 2012:

EDUCATION vs. UNEMPLOYMENT

Degree Level

Average Unemployment Rate

High School Diploma 8.3%
Associate’s Degree 6.2%
Bachelor’s Degree 4.5%
Graduate Degree 3.5%

 

At Grand Canyon University, we understand the importance of a college degree in today’s complex business world. With over 100 programs and concentrations for bachelor’s, master’s and doctoral degrees, we offer well-rounded curricula designed to give students the hands-on applications needed to succeed in their chosen career paths.

GCU also recognizes that each student’s financial situation is unique. We offer viable financing solutions and generous scholarship opportunities to ensure everyone has access to an affordable, quality education.

See just how valuable–and affordable–a degree from GCU can be. To learn more information about GCU’s degree programs, visit our website or use the request more information button at the top of the page.

About Lauren Abraham
Lauren Abraham headshot
Communications Major, Digital Copywriter for GCU Blogs

Lauren Abraham is a junior at Grand Canyon University. She was born and raised in Phoenix and enjoys living here. She has loved her time at GCU so far, as she has made many friendships and discovered what she is passionate about. Currently, she is studying communication with a minor in marketing. She has always loved writing and working with people, and one day hopes to become an editor or journalist. In her free time, she enjoys staying active and spending time with her family and friends.

Read more about Lauren