North Carolina Council of Graduate Schools
Graduate education…creates a highly skilled workforce for the state
Economic Benefits
Quality of Life Benefits
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Graduate degrees increase the employability of individuals and their wage-earning potential. According to the U.S. Census, adults with advanced degrees earn an average 44% more than those with bachelor's degrees.
Sources: Council of Graduate Schools report “Graduate Education and the Public Good”
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Graduates from advanced degree programs have significantly lower unemployment rates than the general population. According to the Bureau of Labor Statistics, one-sixth of the fastest growing occupations for 2006-2016 require a master's or doctoral degree.
Sources: Council of Graduate Schools report “Graduate Education and the Public Good”
Advanced education provides the opportunity for students from diverse backgrounds to develop and achieve their full potential.
The availability of high quality graduate education avoids the “brain drain” faced by some other states. Research endeavors at UNC-CH, NCSU and NC A&T alone created more than a 100 startup companies that not only helped keep the best North Carolinians in the state, but also attracted exceptionally talented people from other parts of the world.
Graduate education meets North Carolina's need for highly skilled professionals who become our state’s leaders and providers of health care, education, entrepreneurial and business enterprises, government and nonprofit services.
Sources: CollegeBoard report “Education Pays 2004: The Benefits of Higher Education for Individuals and Society” and U.S. Bureau of Labor Statistics