Every Year thousands of Americans get themselves enrolled to earn a bachelor’s degree. There are a number of reasons for this. The significant reason for further studies remains the salary increase. According to the U.S. Bureau Labor Statistics, a professional with a bachelor’s degree has the potential to earn more than the someone with a high school diploma. The difference in the figure between the two cases can reach up to $21,000 annually.
Another reason to acquire a bachelor’s degree is to qualify for a greater number of jobs than before. Also the possibilities of earning degrees online have encouraged many US citizens to enroll for various degree courses. Whatever be the reason behind earning educational credentials, the number of students seeking a post secondary degree is on a constant rise.
National Center for Education Statistics reports from 1995 to 2009 states that there has been 43% increase in the number of students attending degree courses at different colleges and universities across the nation. According to the Education Statistics projection, the increasing trend will be seen in the coming decade as well.
The report further projects that the number of students enrolling for bachelor’s degree in the years from 2009 to 2020 will increase by another 13%. The increase in percentage will vary depending on the various age groups. The rise in enrollment is expected to be 21% for the age group of 25 to 34 years and 9% for the age group 18 to 24.