2-year degrees that go on to earn the least money
2 min readPhoto: Getty Images / iStockphoto. Original article by Aine Givens. Stacker – December 30, 2020.
Two-year degrees do not always lead to jobs that pay well, even if they are professionally satisfying. Stacker found some of the lowest paying options, using data from Payscale.
Associate degrees generally require half the academic credits of a bachelor’s degree. With 20 college courses earning students 60 credits, an associate degree takes two years—half the time of a bachelor’s degree. And when taken as a whole, people with two-year degrees fare better than people without them. In 2019, those with associate degrees had a median weekly earnings of $887, while those with high school diplomas earned less, $746 per week, according to the Bureau of Labor Statistics.
But there are a vast number of associate degrees, with many graduates going on to earn less money than that median of $887 per week. Those interested in earning a two-year degree should look carefully at both the projected salaries and the future demand of a chosen field. And while some careers see workers earn more money after years in their fields, some pay stalls out, with little increase over time.
Stacker investigated and with the help of Payscale ranked degrees by their pay. Some degrees, like early childhood education, are an example of associate degrees that are most helpful as stepping stones toward bachelor’s degrees. While associate degrees are more affordable than bachelor’s, the degrees on this list demonstrate that one must consider the cost-benefit analysis of future earnings. […]
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