The message of The College Board's Education Pays 2010 recent report is clear-investing more money in higher education is beneficial to both individuals and society as a whole.
Studies show that college graduates, as opposed to a person with only a high school diploma, are more likely to hold a job, earn a higher yearly income, and to make healthier, less costly social and lifestyle choices. Whether earned in a ground school or online college, the benefits of a college degree are numerous.
A student's level of education has been found to have a direct impact on salary earned. On average, a person with a bachelor's degree makes over two times the yearly income of a person who has only earned a high school diploma. Additionally, education level affects unemployment rates. The rate of unemployment among people who hold a high school diploma or less is much higher than that of college graduates.
Investing in higher education has also been shown to aid state and local governments. Higher education institutions produce tax revenue, and communities with a higher percentage of college graduates save money on government-funded social and public assistant programs due to a decreased need for this type of assistance.