Top 30 jobs favor education
Average Job Salary With and Without Degree
In looking at the top 30 jobs, those that do not require an associate’s degree or higher were paid on average $20k-25K per year.
When you compare this to jobs requiring an associate’s degree, the average was $40K, double that of someone with no degree.
If a person has a bachelor’s degree, the average salary increases to $55K per year. Add a masters or doctorate and the salary continues to increase.
Now, here is the kicker. The potential salary increase for a person without a degree increases from $10/hour to $13/hour. Annualize this on a normal 40hr week and the salary growth potential is $7,000.
An individual with a bachelor’s degree can increase from $55K to above $150K. They can increase their salary by $100K.
Let’s review an example: a physical therapists aide makes on average $25K while a physical therapist makes $60K. If they both have 10 years experience, the aide makes $30K and the physical therapist makes $150K.
So, what is a person to do who does not have a bachelor’s degree? Go get one! I recommend you go get one using night school or online classes. Don’t worry about going back to a brick-and-mortar college. Just get the degree. What you want to avoid is the salary ceiling imposed because you don’t have a degree. You are a smart person with lots of potential.
Another tip, ask your employer if you obtained a degree could you move up to an equivalent position. The difference may be $400K to over $1M over 10 years.