What’s the best investment you can make?
It’s actually yourself. Read on to find out how to go about making that investment, and what your best option is
What would you say is the best investment you can make in your life? A house? Stocks? Bitcoin? Many would say all three, but 9 times out of 10, what gets people to that position where they can invest in a nice house, or other high ROI assets, is by getting a high quality University education. And we are not only talking about just traditional brick and mortar Universities. The rise of 100% Online Universities continues to grow, as learners are looking for a more affordable option that fits into their lives and busy schedules and provides vital learner support every step of the way.
University is important for many reasons, including long-term financial gain, job stability, career satisfaction and success outside of the workplace. With more and more occupations requiring advanced education, a University degree is critical to your success in today’s workforce by improving your employment prospects and earnings potential.
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The more you learn, the more you earn
The earnings gap between University graduates and those with only a school leavers diploma continues to widen. Today, Millennials who have graduated from a College or University will earn a massive 62% more in their working lifetime than those with just a high school diploma. That is staggering, and just one of many evidence points that you have to learn more, to earn more.
Of course there will be the naysayers out there who will say that there are quite a few success stories of entrepreneurs who have gone onto building empires and amassing large personal fortunes, despite not having obtained a University degree.
We’ll give you that, but, think of this, for every Bill Gates and Mark Zuckerberg in the working world, there are lots of high school leavers out there who are stuck in manually repetitive low paying jobs.
Still not convinced? Here are five reasons why you should get a degree.
1. University graduates earn more than a school leaver
We said it before and we’ll say it again. Getting letters are better. BBA, MBA, MSC, they are all better than a high school diploma in helping you to earn more and increase your chances of employment. Fact, 89.9% of graduates who have a degree either go on to better paying employment or further learning.
2. Those with a University degree lessen their chances of being unemployed
University graduates weathered the banking recession of 2008 better than their peers with a high school diploma, and, when unemployment figures skyrocketed in 2010, University graduates experienced an unemployment rate of 6.9%, compared with a jobless rate of 15.8% for all young workers. Today, the jobless rate for bachelor’s degree holders is just 2.5%.
3. University graduates are most likely to experience job satisfaction
A research report found that 77% of workers with a post-graduate degree and 60% of workers with a bachelor’s degree believe their job gives them a sense of identity, versus just 38% of those with a high school diploma or less.
4. Those with a University degree enjoy greater longevity
Yes you heard right, get a University degree and you boost your chances of living longer. An additional year of University decreases mortality rates by 15% to 19% by reducing deaths from cancer and heart disease. In fact, high school graduates have a mortality rate that is double those with a full University degree.
5. Helps advance your career
There is no way of getting around it, you need a bachelor’s before any Masters or PhD, as well as the ever-popular MBA. Even if you’re not sure you’re up for the entire career path, earning a bachelor’s degree now puts you in the driver’s seat should you decide to pursue it later.
A Masters degree is a qualification to be proud of, whatever your plans. But, for most students, it’s also a big investment of time, effort, and money. But at the end of the day, pretty much every single MBA student will tell you it was worth all of the blood, sweat, and tears. And why not.
One of the top professional goals among prospective MBA students is to make more money, and survey responses from alumni show that their post-MBA salaries don’t disappoint.
Overall, nearly 9 in 10 MBA alumni agree that their degree increased their earning power and just as many rate the overall value of their degree as good to outstanding.
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Furthermore, 75% of those who earn an MBA switch careers to go onto bigger and better things. But an MBA is more than a piece of paper, or even letters after your name, it’s your passport to improving your position in the workforce by learning the skills that are most in demand by modern employers. Basically it’s not a piece of paper that matters, it’s really the skills that you’ve learned to earn it.
At Nexford University we fully subscribe to that philosophy. But we also believe that our MBAs are more than just three letters.
We provide the skills behind an MBA to future-proof your career. and help you to hit the ground running. In fact, one of the most unique attributes of studying an MBA at Nexford University is that we look at the current skills that employers are looking for, and then work our way backwards to set the curriculum for that program so that you earn the skills to really hit the ground running.
That’s why Nexford learners rank us so highly. 94% mentioned that they gained valuable work skills. 92% were thrilled that they achieved their learning goals. And, 96% said that they would recommend Nexford. High praise indeed.
So, if you are trying to figure out where you want your career to head, and how to find a job that will take you there and pay you your worth, an online education can help. Make 2021 the year to accelerate your career growth and work toward a brighter future.
It’s time to start learning and earning more, and what better place to start than at Nexford University.
It’s time to start learning and earning more, and what better place to start than at Nexford University. Discover why.
Mark is a college graduate with Honours in Copywriting. He is the Content Marketing Manager at Nexford, creating engaging, thought-provoking, and action-oriented content.
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