LOUISVILLE, KY (WAVE) - The unemployment rate right now in our country for people with a college degree is less than 3%. That is one of the big reasons why an education movement in Louisville to attain 55,000 degrees by 2020 was launched - so that half the adult population in Louisville would hold an associates or bachelor's degree.
Getting there by 2030 would certainly slow the city's growth - as three-quarters of family-supporting jobs projected to be added in Louisville over the next ten years will likely require some form of postsecondary education, and 60 percent of all jobs in Kentucky will require a postsecondary degree within five years.
Yet students from Kentucky have experienced one of the largest increases in the nation for in-state tuition and fees at public colleges the past seven years, making it more challenging to attend. But wages earned with a college degree compared to wages earned without one is at an all-time high, with a return on investment of about 15 percent.
And that is just the monetary comparison. Overall healthier lives tend to be part of the equation as well.
As high school graduation season begins, literally do the math to determine how important continuing on with education is to the entire community.