Regardless of U.S. labor market conditions one constant holds true: Education boosts earnings and reduces unemployment.
According to the Association of Public & Land-Grant Universities (APLU) the earnings gap between college graduates and those with less education continues to widen. In 2021, median income for recent graduates reached $52,000 a year for bachelor’s degree holders aged 22–27. For high school graduates the same age, median earnings were $30,000 a year.
Those with a bachelor’s degree earn, on average, 75% more over the course of their lifetime.* In addition to increased earning potential, a bachelor’s degree can provide opportunities for promotion or entry into a new career.
*Georgetown University Center on Education and Workforce
People with a bachelor’s degree earn on average
*National job opportunities data is based on national medians and figures from the Bureau of Labor Statistics occupational outlook handbook.
*Local job opportunities data is based on estimated base pay and figures from Indeed.com.
In the paralegal field having a degree in paralegal studies can help set you apart from other job candidates. A degree in paralegal studies shows prospective employers that you are knowledgeable about the field and indicates that you already understand how law office’s function. These skillsets tell employers that you will be ready to start making meaningful contributions to the workplace right away and with less of a learning curve, making you a standout candidate.
This ability to stand out might make the difference when it comes to landing a great a job. However, the skills you learn as part of a paralegal studies program may also allow you to get a better salary. Paralegal degree programs provide you with many beneficial qualifications. One of those qualifications is a thorough understanding of contracts and negotiation tactics. This understanding, along with your degree and the qualifications it provides, can help you negotiate a better salary while also showcasing your skillsets.
Earning a degree shows dedication and perseverance. It also displays a solid work ethic. These qualities are very important in any workplace, but particularly so in the fast-paced and challenging legal field.
Earning a paralegal degree not only positions you to be a more confident and qualified paralegal, but also sets you apart from the competition and increases your opportunities for a rewarding find these days.
The EKU Office of Academic and Career Services is a one-stop shop for all of your career and professional development needs. We offer a variety of services to current online EKU students and alumni to help you with your career development, decision-making and job search.