A college diploma is no longer a fixed ticket Good jobNevertheless, some labor can earn six figures in a series of businesses without a bachelor’s degree, a new study.
About 6 million full -time workers without a bachelor’s degree earned at least $ 100,000 in 2023, according to A Report From the loan marketplace lending tree, which analyzed the latest data of the US Community Survey of the US Census Bureau. The study highlights a high-devotional career on many alternative passages that does not require a four-year degree.
“This report is a very clear evidence that you do not need to go to college to really earn enough income, and if you are considering a different route, it is a lot of reason to believe that in many areas you can succeed as every bit, and every bit can financially stabilize without that college degree,” Matte Shools, Chief Consumer Finance Analyst.
According to the study, 5.7 million out of noncaol workers working in many fields including software development, truck driving, lift repair and more, or 9%, non -coach workers worked. The report comes when young people question the value of college degree, and evaluate whether the awards often earn a degree enough students are worth taking on the loan.
In the last 10 years, young workers in America without a bachelor’s degree have seen an increase in their earnings, according to this A search From Pew Research Center. According to the same study, between rising tuition costs and rising student debt obligations, 29% of American adults say the cost of the college is not worth it.
The unemployment rate for recently earned college degrees was close to 6% earlier this year, above the national average of 4.2%. It is in part, economists say, because AI weighs Future jobs of some young college grade.
$ 100,000 and above, and no college degree
In 2023, at least 40% of the workers without a bachelor’s degree earned six figures in 20 businesses, according to the lending tree. These included software developers, sales engineers, aircraft pilots and air traffic controllers and others.
Noncalege Chief Officers were also on the list, in which 64% at least six figures were earned. To ensure this, studies do not know that young workers should expect to climb the posts of executive level without college degree. Instead, a high part of the noncold degree holders is earning six figures as the CEO’s possibility represents workers who have launched their own businesses according to Shulz.
“It speaks for the occasion that can come from starting a small business today,” he said. “You are not necessarily talking about Fortune 500 companies.”
According to the analysis of the lending tree, there is the highest part of workers without earning six figures in these businesses:
- CEO and MLA
- Architect
- Software developers
- Sales engineer
- Computer and information system manager
- Power Plant Operator, Distributor and Dispators
- Elevator installer and repaired
- Computer network architects
- Computer hardware engineer
- Firewriting supervisor
- Information safety analyst
- Petroleum, Mining and Geological Engineer
- Locomotive engineer and operator
- Aircraft pilot and flight engineer
- Aerospace engineers
- Electric power-line installer and repaired
- Air traffic controller and airspace operating experts
- Sales manager
- Nuclear medical technology and medical dosimetrate
College is no longer required by some companies
Companies are also relying less on the value of a college degree, with many loose requirements for applicants.
“For the longest time, a college degree roles were a difficult and fast requirement,” Shulz said. “This is not always the case now, and it opens a lot of opportunities for those who had doors closed on them in the past.”
The report also found that San Francisco; Seattle, Washington; And San Jose, California first placed in the form of places in the first, second and third places where workers were most likely to earn six figures without degrees.
In contrast, L. Paso, in Texas; And only 4.9% of the workers earned six figures without Greensboro, Northern Carolina, college degree.
