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Council on Postsecondary issues 'College Still Pays' policy brief Employment for those with degrees has climbed more than twice as fast as for those with just high school. Unemployment rates less than half for those with some college. Earnings for those with degrees over twice that of those who stopped at end of high School. Earnings gap over a lifetime continues to be huge By Sue Patrick "College Still Pays," a policy brief issued today by the Council on Postsecondary Education, shows that now more than ever it pays for Kentuckians to get a college degree or credential. College attainment helps insulate citizens from unemployment and provides access to higher-paying jobs. Jobs requiring at least some college have been growing rapidly in Kentucky. By 2020, it is estimated that 56 percent of Kentucky's jobs will require at least some postsecondary education. Council President Bob King said, "The 21st century economy is requiring more highly educated workers and the demand for these workers will only grow in the future. Making the investment in a college degree is still among the best investments any person can make." The policy brief examined employment, unemployment and earnings by education level, as well as the earnings gap between more- and less-educated workers. The key findings are described below.
"College Still Pays" can be found online at http://cpe.ky.gov/NR/rdonlyres/8DE2CF1E-51A2-4C27-8C2B-41FB126252FE/0/CollegeStillPayspolicybrief.pdf. This story was posted on 2013-01-25 11:55:42
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