A new study shows importance of college education

4 years 7 months 3 weeks ago Wednesday, April 15 2015 Apr 15, 2015 Wednesday, April 15, 2015 3:16:00 PM CDT April 15, 2015 in News
By: Derek Brizendine, KOMU 8 Reporter
loading

COLUMBIA - A recent study from the Georgetown University Center on Education and the Workforce shows that college-educated workers make up only 32 percent of the workforce. However, the study shows that these workers account for over 50 percent of the nations economic output.

The amount of output from the college-educated workers is up from 13 percent output in 1967.

According to the study, the rise in number of college-educated workers is due to a rise in college-educated services in the community.

Dan Gomez-Palacio, director of career services at Columbia College, says he too has seen a rise in the need for college education in the workforce.

"In that adult population, we see a lot of folks looking to make that move from hourly, undereducated positions, to professional positions and their degree's is their main ticket to do that," Gomez-Palacio said.

The study said another reason for the rise of the college-educated workforce is due to the transition from a goods based economy to a service based one.

"The hottest fields right now for employment are healthcare, financial services, other business areas and education," Gomez-Palacio said. "All three of these are service oriented fields and all three of them require, typically at least a bachelors degree to get started in them."

Gomez-Palacio said college teaches you the intangibles of a job that on the job training can't teach you.

"That's what employees are working for," Gomez-Palacio said. "Are they looking for someone with the technical ability in the field but more of these intangible abilities that are harder to train."

Gomez-Palacio said he also sees more people coming back to college in order to make more money.

"We see time and time again studies come out showing the impact that a college degree have over the course of someone's lifetime," Gomez-Palacio said. "Someone's earning which can equal half a million dollars. We see double the medium weekly earnings based if you have a bachelors degree versus a high school degree."

Gomez-Palacio said he sees college degrees to be more vital in the future due to the rise in the number of administrative jobs.

More News

Grid
List
FULTON - Police are investigating after shots were fired at a Break Time in Fulton Friday night. According to... More >>
7 hours ago Saturday, December 07 2019 Dec 7, 2019 Saturday, December 07, 2019 1:25:00 AM CST December 07, 2019 in News
COLUMBIA - A man died after being hit by a car on College Avenue in Columbia. Police say 21-year-old... More >>
11 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 9:34:00 PM CST December 06, 2019 in News
MISSOURI - Missouri’s minimum wage rate is set to go up again soon. The state minimum wage will increase... More >>
15 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 5:21:41 PM CST December 06, 2019 in News
JEFFERSON CITY - Governor Mike Parson and First Lady Teresa Parson are inviting families to join them at the Governor's... More >>
16 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 3:50:00 PM CST December 06, 2019 in News
BOONEVILLE - The Cooper County Sheriff's Office is asking travelers to find an alternate route on Highway 41 going to... More >>
17 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 3:02:00 PM CST December 06, 2019 in News
COLUMBIA - Former Columbia police chief Ken Burton has pleaded guilty to a misdemeanor after originally being charged with driving... More >>
17 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 2:45:00 PM CST December 06, 2019 in News
HALLSVILLE - Kari Hallowell, the mother of 17-year-old Hayden Holt, who died in an overnight car crash after being chased... More >>
18 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 2:04:00 PM CST December 06, 2019 in News
PENSACOLA, Fla. (AP)- Two U.S. officials have identified the shooter at the Naval Air Station in Pensacola as a second... More >>
18 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 1:53:00 PM CST December 06, 2019 in News
COLUMBIA - This weekend, 47 high school basketball teams from five states will go head-to-head in the 2019 Norm Stewart... More >>
19 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 1:24:00 PM CST December 06, 2019 in News
COLUMBIA- Former MU Quarterback Drew Lock is set to make his second start with the Denver Broncos this Sunday versus... More >>
20 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 12:28:00 PM CST December 06, 2019 in Sports
BOONE COUNTY- A 52-year-old male suffered two gunshot wounds Thursday night after getting into a fight with two people at... More >>
21 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 10:53:00 AM CST December 06, 2019 in News
RICH HILL- Relatives of a missing Missouri mother say they are growing increasingly concerned after deputies found the woman's phone,... More >>
22 hours ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 10:22:00 AM CST December 06, 2019 in News
COLUMBIA - The Missouri State Highway Patrol confirmed Hayden Holt, a 17-year-old from Hallsville, died in an overnight car crash... More >>
1 day ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 6:41:00 AM CST December 06, 2019 in News
MARSHALL - Police arrested a man Thursday after they said he tried to rob a loan office. Employees of... More >>
1 day ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 4:23:00 AM CST December 06, 2019 in News
COLUMBIA - Soon, every fifth grader in Boone County will have the opportunity to learn math, history, language arts and... More >>
1 day ago Friday, December 06 2019 Dec 6, 2019 Friday, December 06, 2019 3:44:00 AM CST December 06, 2019 in Top Stories
COLUMBIA - Last winter saw major snow storms, ice, and extreme cold. This winter could see similar systems, however, the... More >>
1 day ago Thursday, December 05 2019 Dec 5, 2019 Thursday, December 05, 2019 9:00:00 PM CST December 05, 2019 in Weather
COLUMBIA - Winter weather is often attacked in an attempt to prove climate change and global warming are not real.... More >>
1 day ago Thursday, December 05 2019 Dec 5, 2019 Thursday, December 05, 2019 8:25:00 PM CST December 05, 2019 in Weather
COLUMBIA - While most of us use the weather forecast in order to plan our own day, some people need... More >>
1 day ago Thursday, December 05 2019 Dec 5, 2019 Thursday, December 05, 2019 7:56:00 PM CST December 05, 2019 in Weather
Columbia, MO
Broken Clouds 26°
9am 33°
10am 37°
11am 40°
12pm 44°