Degree

[Jizzle]

Just signed up for some more classes. I have my minor in Intelligence knocked out as of this last semester. Just need a few more classes for the major in Political Science. Another year and I'll be the proud new owner of a peice of paper worth 30 grand that says I'm not stupid.. yay.... Who came up with this system?

[Descreet38]

Lifetime Earnings Soar with Education
Masters degree worth $2.5 million income over a lifetime
How much is higher education worth in cold hard money? A college master's degree is worth $1.3 million more in lifetime earnings than a high school diploma, according to a recent report from the Commerce Department's Census Bureau.
The report titled "The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings" (.pdf) reveals that over an adult's working life, high school graduates can expect, on average, to earn $1.2 million; those with a bachelor's degree, $2.1 million; and people with a master's degree, $2.5 million.
Persons with doctoral degrees earn an average of $3.4 million during their working life, while those with professional degrees do best at $4.4 million.
"At most ages, more education equates with higher earnings, and the payoff is most notable at the highest educational levels," said Jennifer Cheeseman Day, co-author of the report.
The figures are based on 1999 earnings projected over a typical work life, defined as the period from ages 25 through 64.
Americans staying in school longer
Along with the financial data, the report also shows that more Americans are staying in school longer than ever before. In 2000, 84 percent of American adults age 25 and over had at least completed high school and 26 percent continued to earn a bachelor's degree or higher, both all-time highs.
"Glass Ceiling" on earnings still intact
The report also shows that while more American women than men have received bachelor's degrees every year since 1982, men with professional degrees may expect to cumulatively earn almost $2 million more than their female counterparts over their work lives.
Additional highlights from the report show:
·In 1999, average annual earnings ranged from $18,900 for high school dropouts to $25,900 for high school graduates, $45,400 for college graduates and $99,300 for the holders of professional degrees (medical doctors, dentists, veterinarians and lawyers).
·Over a work life, earnings for a worker with a bachelor's degree compared with one who had just a high school diploma increase by about $1 million for non-Hispanic Whites and about $700,000 for African Americans; Asians and Pacific Islanders; and Hispanics.
·Currently, almost 9-in-10 young adults graduate from high school and about 6-in-10 high school seniors go on to college the following year.
A separate report released last year (What's It Worth? Field of Training and Economic Status: 1996) said among people with bachelor's degrees, those working full time in engineering earned the highest average monthly pay ($4,680), while those with education degrees earned the lowest ($2,802) in 1996.

[Jizzle]

the funny thing is, the military says hey get your degree, get your degree, get your degree and then you get it and it's like "ok, so what, you have a degree". unless i go commisioned. but, i don't think that i'm down for that nessesarily.

[Descreet38]

Don't know about todays Army or the other branches but in the late 80's and 90's having a dregee meant a lot when your records went before the centralized promotion board. While the degree alone didn't get you promoted it was a tie breaker when you were compared to a person your equal who didn't have the degree.

I speak from both experience in sitting on seperate E7 and E8 promotion boards and in hearing the instruction from the president of the board as to what items could/would be a tie breaker.

IMHO - get the degree either way. Ever if you retire from the military - you will still work somewhere after and that will make a huge difference in the amount of open doors you find.

[Jizzle]

oh ya, im gonna get it. but it's for my own pesonal goals so to speak. i am very interested in how the whole political system works and how it came to this 180 from where it started.

[Jizzle]

not to mention, you gotta keep your friends close and enemies......

[Bman505]

My little Sis went to college through ROTC and they paid for every bit of it. She is now a Captain in the Army serving in Iraq for 15 months! She has been in for 4 years total. She is getting out in September. It worked for her.

[Grampa]

Got a degree in Electronic Technologies, got hired while still in school (NMSU), went full time after graduation and have been there ever since.
Oh yeah, got out of the army in '78 after two enlistments. Worked in the trades for many years, worked in motorcycle shops for many years more. Went back to school at 48 years old.

Laws of Life # 4. Artificial intelligence is no match for natural stupidity.

[Jizzle]

thats pretty cool. mine degree isn't gonna be much use trade wise. but, that's what my AF training is for.