What percentage of people with college degrees have jobs considered to be on the career track for their major?

On average, about 47% of people with college degrees have jobs considered to be on the career track for their major. Your odds of getting a job related to your major depend on the number of available jobs, how many graduates pursue them and where you stack up against your competition.

What percentage of people get jobs in their major?

"In addition to dealing with financial insecurity, only 46% of college grads surveyed say they currently work in their field of study. 29% report working in a different field, while 16% of those under age 54 (and therefore not likely retired) say they are currently unemployed.

What percentage of college graduates are employed?

Recent College Graduates (Ages 20 to 29) Between January and October 2022, 1.0 million 20- to 29-year-olds earned a bachelor's degree; of these, 775,000 (or 76.4 percent) were employed in October 2022.

What percent of jobs actually require a college degree?

The percentage of jobs requiring a college degree fell from 51% in 2017 to 44% percent in 2021. And according to Gallup, the percentage of U.S. adults ages 18 to 29 who view college education as “very important” dropped from 74% to 41% in just six years. What does this mean for you?

Are you more likely to get a job if you have a college degree?

Increased Access to Job Opportunities

Having a bachelor's degree opens up rewarding opportunities that might have otherwise been inaccessible. For example, college graduates see 57 percent more job opportunities than non-graduates.

7 Easiest College Majors With High Pay

Are college degrees losing value?

The percentage of young adults who said that a college degree is very important fell to 41 percent from 74 percent. Only about a third of Americans now say they have a lot of confidence in higher education.

What is the long term value of a college degree?

Men with bachelor's degrees earn approximately $900,000 more in median lifetime earnings than high school graduates. Women with bachelor's degrees earn $630,000 more.

How many successful people have college degrees?

A Taylor & Francis Online study of 11,745 individuals in the U.S.shows found that 94 percent of CEOs, judges, politicians, millionaires, billionaires and business leaders attended college, with 50 percent graduating from elite school.

What percentage of college graduates have no job?

U.S. unemployment rate of recent graduates 2016-2023

In December 2023, about 4.8 percent of recent college graduates were unemployed in the United States. This was a significant decrease from September 2020, when the unemployment rate among recent college graduates was at nine percent.

Does the average person have a college degree?

In the Census Bureau's most recent 2022 findings, the percentage of people with a bachelor's degree or higher remained stable from the previous year at around 37.7%. Americans are still prioritizing college and doing so in record numbers.

Are college graduates more successful?

College-educated workers enjoy a substantial earnings premium. On an annual basis, median earnings for bachelor's degree holders are $36,000 or 84 percent higher than those whose highest degree is a high school diploma. The earnings gap between college graduates and those with less education continues to widen.

Are most college graduates underemployed?

More than half of recent four-year college graduates, 52 percent, are underemployed a year after they graduate, according to a new report from Strada Institute for the Future of Work and the Burning Glass Institute. A decade after graduation, 45 percent of them still don't hold a job that requires a four-year degree.

Who employs the most college graduates?

What percentage of jobs require a degree UK?

Applying different classifications of graduate jobs, the overall percentage of jobs requiring a bachelor's degree was reported to range between 24% (using two major standard occupational classification groups) to 34% and 38% respectively (using more sophisticated models) and is found to be higher in the UK than ...

What degrees have the highest employability rate?

Are 33.8% of college graduates underemployed?

The unemployment rate for young college graduates exceeds that of the general population, and about 41% of recent college graduates — and 33.8% of all college graduates — are underemployed, working in jobs that don't require a college degree, according to data from the Federal Reserve Bank of New York.

How many college graduates get a job after college?

Response: Four years after earning their 2015–16 bachelor's degrees, 74 percent of graduates worked full time, and 7 percent worked part time.

Are college graduates happier with their jobs?

Nationally, college degree holders have slightly higher job satisfaction than high school graduates: 92 percent of those with a college degree or higher are very satisfied or somewhat satisfied with their jobs versus 87 percent of high school graduates.

Does Elon Musk have a degree?

Elon Musk went to Queen's University in Kingston, Ontario, Canada, and then transferred to the University of Pennsylvania in Philadelphia, where he received bachelor's degrees in physics and economics in 1997.

Did Elon Musk graduate college?

In 1990, he entered Queen's University in Kingston, Ontario. Two years later, he transferred to the University of Pennsylvania, an Ivy League university in Philadelphia, where he earned two degrees, a Bachelor of Arts in physics, and a Bachelor of Science degree in economics from the university's Wharton School.

Who is the richest person with a college degree?

Elon Musk — the richest person in the world, with a net worth of $241.2 billion — has obtained degrees in multiple areas of study.

What is the average lifespan of a college graduate?

The time period of the study is the years 1992 to 2021. Future life expectancy at age 25 for those with four-year college degrees rose to 59 years on the eve of the pandemic. In other words, the average college-educated individual would live to 84, representing an increase over the average of 79 years of age in 1992.

Is it worth getting a degree at 40?

Going back to school to attain your degree in your 40s has the potential to increase your salary and help you find career fulfillment. Rather than feel stuck in your current job, take the steps to better yourself and earn a degree that will qualify you for careers that align with your calling.

Why do most jobs require a college degree?

Earning a college degree show your ability to complete academic work. Some employers consider this a demonstration of your mental capacity and work ethic. Employers may view your degree as verification of your skills, intelligence and ability to dedicate yourself to difficult tasks.