Going back to college is a big big decision, but it will (literally) pay off in the long run. Over the course of a degree holder’s lifetime, they will earn, on average, $830,000 more than someone who didn’t pursue higher education. If that’s not enough to start filling out college applications, see if any of the signs below resonate with you.
1. Your dream job requires further education
While you work your way up the corporate ladder, you may hit your head on a glass ceiling. For many career paths, higher education is required to advance to the next level. Many companies will work with you to accomplish your goals, sometimes even pitching in to cover education costs.
2. You regret not finishing your degree.
It happens. Life gets in the way and plans change. But that doesn’t mean you can’t finish what you started. Did you know that most college credits don’t necessarily expire? Many schools keep academic records on file for decades, and the credit value does not generally expire. While you’re on the hunt for a new degree program, check to see if the college of your choice has a generous transfer credit program. CCE @ Assumption allows you to transfer up to 75 credits use work experience to count towards your Bachelor’s degree, saving you a lot of time and money. See how many of your credits will transfer with our no-commitment, 72 hour credit transfer evaluation program.
3. You’re unhappy in your current job
You don’t have to wait until your midlife crisis to do something about a job you hate. Don’t stick it out to see if it gets better; be proactive to make a positive change in your life. Going back to college will broaden your horizons and current skill set, making you a more desirable candidate. Who knows, maybe you love your company and are just unhappy with your seat. Taking a few classes can help you transfer departments. Many colleges have programs for non-traditional students like yourself, allowing you to work full-time and take night or online classes.
4. You want to switch industries
Starting a new career can be intimidating, but a certificate or degree program in a new field will arm you with everything you need to know. Debating which industry to switch into? Some of our most popular programs include:
5. You want more job security
One of the main reasons people go back to college as adults is to increase their earning potential. Having a degree is one of the only factors that influences your salary that you have control of. Salaries often depend of location, job experience, and industry–things not in your immediate control. According to the National Center for Education Statistics, someone with a bachelor’s degree earned 66% more in 2014 than someone who only had a high school diploma. While college is a major investment, this large of an increase in earning potential makes up for a few semesters’ tuition.
While having a higher salary is desirable, don’t neglect the fact that having a degree makes you a more desirable candidate, both for internal promotions and when searching for a new job. In 2015, the Bureau of Labor Statistics found that people with only a high school diploma had an unemployment rate of 5.4% while those with a Bachelor’s degree had only a 2.8% chance. Improve your job security and longevity by going back to college.
6. You want to set a good example for your children
Whether your children want to major in dance or become scientists, higher education will help them accomplish their goals. Going back to school as an adult sets an example for your children. By pursuing your dreams, you’ll also help to establish the importance of education.
7. You want to start your own business
Anyone can start a business with a little know-how and passion. Whether you want to make your Etsy shop into a full-time gig or become a digital marketing consultant, you need to know how all of the pieces in the puzzle fit together. Not only does a business degree give you an understanding of basic business principles (accounting, management, etc.), it will give you the opportunity to network with like-minded people. Who knows, the person sitting next to you in class might become your business partner.