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Education Pays The Benefits of College-Going Created by Eric Neutuch Edited and Presented by Karen Wolters Administered by Borough of Manhattan Community College

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Page 1: Administered by Borough of Manhattan Community College

Education PaysThe Benefits of College-Going

Created by Eric NeutuchEdited and Presented by Karen Wolters

Administered by Borough of Manhattan Community College

Page 2: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

College? Me?

How many of you are planning to go to college someday?

6/17/2009

Page 3: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Reasons for College Going?Why do you want to go to college?

Let’s hear what others have to say:http://www.youtube.com/playlist?list=PLA2B

D9442531A8CE8&feature=plcp

Please note anything that strikes you as interesting, or any lines that you can identify with as you watch the video.

6/17/2009

Page 4: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Journaling ActivityPlease journal for 2-3 minutes in response to

this question.

What was your favorite line from the video? Explain why you chose that line. What does that line mean to you?

Share with partnerShare in large group

6/17/2009

Page 5: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

First Generation College StudentsDefine

How many of you are the first person in your family to go to college?

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Page 6: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Concerns About Going to CollegeWhat concerns do you have about going to

college?

What concerns might first generation college students have about going to college?

Would first generation college student concerns be different from the general population? Why?

Let’s see what they have to say:http://www.youtube.com/watch?v=FyJRiCWy7xo

6/17/2009

Page 7: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Personal Reflection

What are your personal concerns about going to college?

Create a list. Prioritize the list by putting biggest concerns at the top of the list.

Write your TOP concern on a post it note and pass it forward to the instructor.

6/17/2009

Page 8: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Exploring the Idea

Let’s explore the idea of college-going.

Vocabulary Words:College vs. Post-Secondary Education Quantitative DataCost – benefit analysis

6/17/2009

Page 9: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

We know that those with more education tend to make more in the job market. How much do you think the average American worker with a high school degree but no college makes per year?

A four year degree?

6/17/2009

Page 10: Administered by Borough of Manhattan Community College

Education Pays: Annual Earnings Increase with Education

Source: U.S. Census Bureau, 2009, cited in College Board, Education Pays, 2010. Administered by Borough of Manhattan Community College

Grade 9–11

Some College

Bachelor's Degree

Doctoral Degree

$0 $20,000 $40,000 $60,000 $80,000 $100,000 $120,000

$24,300

$33,800

$39,700

$42,000

$55,700

$67,300

$91,900

$100,000

Median Annual Earnings by Highest Education Level (2008)

Page 11: Administered by Borough of Manhattan Community College

Education Pays: Lifetime Earnings Increase with Education

Source: Current Population Survey, U.S. Census Bureau, 2007.

Administered by Borough of Manhattan Community College

Not a High School Graduate

High School Graduate (Including GED)

Some College

Associate's Degree

Bachelor's Degree

Master's Degree

Doctoral Degree

Professional Degree

$0 $2,000,000 $4,000,000 $6,000,000

$1,100,000

$1,530,000

$1,860,000

$1,920,000

$2,740,000

$3,340,000

$4,450,000

$5,610,000

Lifetime Earnings for Full-Time Year Round Workers by Highest Education Level (2005)

Page 12: Administered by Borough of Manhattan Community College

Education Pays: Unemployment Declines with Education

Source: Bureau of Labor Statistics, November 2011. Administered by Borough of Manhattan Community College

Less Than High School

High School Grad (Including GED)

Some College or Associate's Degree

Bachelor's Degree or Higher

0.0%

2.0%

4.0%

6.0%

8.0%

10.0

%

12.0

%

14.0

%

16.0

%

13.8%

9.6%

8.3%

4.4%

Unemployment Rate for Adults Age 25+ by Highest Education Level (October 2011)

Page 13: Administered by Borough of Manhattan Community College

Education Pays: Likelihood of Being in Poverty Declines with Education

Source: Current Population Survey, U.S. Census Bureau, 2009, cited in College Board, Education Pays, 2010.

Administered by Borough of Manhattan Community College

Not a High School Graduate

High School Graduate (Including GED)

Some College

Associate's Degree

Bachelor's Degree or Higher

0% 5% 10% 15% 20% 25% 30%

26%

12%

9%

7%

4%

Percentage of Individuals Age 25+ Living in Poverty by Education Level, 2008 (%)

Page 14: Administered by Borough of Manhattan Community College

Education Pays: Health Care Coverage Increases with Education

Source: Economic Policy Institute, 2010, cited in College Board, Education Pays, 2010.

Administered by Borough of Manhattan Community College

Bachelor’s Degree or Higher

68% w/Health Care

High School Graduate

50% w/Health Care

Page 15: Administered by Borough of Manhattan Community College

Workforce Trends: Declining Jobs Don’t Require Higher Ed

Administered by Borough of Manhattan Community College

Page 16: Administered by Borough of Manhattan Community College

Workforce Trends: Hot Jobs Require Higher Education

Administered by Borough of Manhattan Community College

Information

Technology

Health Care

Page 17: Administered by Borough of Manhattan Community College

“Is College Worth It?” Video

http://www.youtube.com/watch?v=AVz-HqwOuyo

John Stossel Is College Worth It?College is a Rip-off!

20/20 ABC News

Administered by Borough of Manhattan Community College

Page 18: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Discussion QuestionsReactions to the video.

Define college and Post-Secondary Education. Is there a difference between how they define college and how we are defining it?

Why do you think the people in this video cannot find a job?

How can people prevent accumulating outrageous student-loan debt while going to college?

6/17/2009

Page 19: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Benefits to Society

6/17/2009

Page 20: Administered by Borough of Manhattan Community College

Educated Individuals ContributeLikelihood of Volunteering Increases with Education

Source: Bureau of Labor Statistics, 2009, cited in College Board, Education Pays, 2010.

Administered by Borough of Manhattan Community College

0%

20%

40%

9%19%

30%43%

Percentage of Individuals Age 25+ Who Vol-unteered by Highest Education Level (2009)

Page 21: Administered by Borough of Manhattan Community College

Educated Individuals ContributeLikelihood of Voting Increases with Education

Source: U.S. Census Bureau, 2004, cited in College Board, Education Pays, 2007.Administered by Borough of Manhattan Community College

0%

30%

60%27%

49%64%

76%

Percentage of Citizens Age 25-44 Who Voted by Highest Education Level (2004)

Page 22: Administered by Borough of Manhattan Community College

Educated Individuals ContributeLikelihood of Donating Blood Increases with Education

Source: NCHS, 2005 National Health Interview Survey, cited in College Board, Education Pays, 2007.

Administered by Borough of Manhattan Community College

0.0%

4.0%

8.0%

1.6%4.0%

6.2% 6.5%9.1%

Percentage of Individuals Age 25+ Who Donated Blood in the Past 12 Months by Highest Educa-

tion Level (2005)

Page 23: Administered by Borough of Manhattan Community College

Educated Individuals Cost LessLikelihood of Receiving Food Stamps Decreases with Education

Source: U.S. Census Bureau, 2009, cited in College Board, Education Pays, 2010.Administered by Borough of Manhattan Community College

HS

Hig

h Sc

hool

/GED

Som

e Col

lege

Assoc

iate

's Deg

ree

Bache

lor's

Deg

ree

0%

6%

12%

18%18%

8%6%

4%1%

Percentage of Individuals Age 25+ Receiving Food Stamps by Highest Education Level (2008)

Page 24: Administered by Borough of Manhattan Community College

Educated Individuals Cost LessLikelihood of Smoking Decreases with Education

Source: DeWalque, 2004; National Center for Health Statistics, 2009; cited in College Board, Education Pays, 2010.

Administered by Borough of Manhattan Community College

Page 25: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Myth vs. Reality

Myth: College and post-secondary degrees are not worth it.

Reality: On average, college and post-secondary degrees are worth it.

Can you identify instances where college is NOT worth it?

6/17/2009

Page 26: Administered by Borough of Manhattan Community College

Adminstered by Borough of Manhattan Community College

Questions I Have About College Going

What questions do you have?

6/17/2009