From Carpe Diem:
… Between 2010 and 2020, the BLS estimates that the total number of U.S. jobs will increase by 20.4 million, from 143 million in 2010 to 163.5 million by 2020.
The number of jobs created this decade in the top 30 fastest growing occupations – 9.3 million – will represent almost half of all of the new jobs created by 2020.
What’s really interesting is that only five of the top 30 occupations expected to create the most jobs by 2020 require a college degree or more (nursing, post-secondary teachers, elementary school teachers, accountants, and physicians), and 10 of the fastest growing occupations don’t even require a high school diploma.
Moreover, of the top nine occupations expected to create the most jobs this decade, only one (nursing) requires a four-year college degree.
The total amount of student loan debt carried by college graduates now exceeds $1 trillion for the first time, and many college graduates are having trouble finding jobs.
Given the job forecasts for this decade, perhaps this is more evidence that we’ve completely oversold the value of a four-year college degree, at least for…