Many high school graduates wish they earned a degree
Although many students are eager to enroll in college and pursue a degree, Public Agenda Report for the Bill and Melinda Gates Foundation states that some of these individuals will end up dropping out of school for a variety of reasons. However, a new survey by the organization shows that most students regret this decision.
In the survey of 611 individuals, officials found that 70 percent of high school graduates have given either some or a lot of thought to going back to school to earn a college degree.
Many of these people feel that earning postsecondary credentials will increase their salaries. The report shows that while a majority of college graduates believe they will be financially stable throughout their lives, only one-third of high school diploma holders feel this way. This may be due to the large difference in salaries between the two groups.
According to the Bureau of Labor Statistics, a high school graduate earns about $626 per week, while a bachelor's degree can boost this salary to approximately $1,038 weekly. This creates an annual pay difference of more than $21,000.
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