Are you better off with a two-year degree?

Are you better off with a two-year degree?
Thursday, September 5, 2013 - 2:20pm

The cost of college is higher than ever. but is it worth it?

A new study shows paying more for college doesn't always translate into a high-paying job - and there could be a cheaper, shorter alternative.

This study found that shelling out more money - and more time -- for a four-year college degree does not always mean you'll land a job with a better salary.

The study, from found that graduates of some two-year degree programs - like associates and occupational certificate programs - often earn just as much - if not more -- as workers with four-year degrees.

Researchers analyzed the earnings of recent grads from Arkansas, Colorado, Tennessee, Texas and Virginia.

Here's a good example of what we're talking about, in Texas: people with technical associates degrees earned a median annual salary of just over $50 thousand dollars in their first year after graduation.

That's $11,000 dollars more on average than those with full bachelor degrees.

Experts suggest taking the long view: the research showed that college graduates of four year programs out-earned associate degree holders over the course of their career.

It just takes some time to get past that first year.

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