Return on Investment: What is the Value of the Associate Degree?

Abstract

In this report, the author compares sub baccalaureate credentials with baccalaureate and post-baccalaureate degrees. In 2014, there were 100,000 more sub-baccalaureate degrees or credentials awarded than bachelor’s degrees. The author shows that majors matter, and specific degrees offer the potential of high earnings, particularly in fields where graduates will “fix things or people.” He advises that one of the best ways to ensure that community colleges can help students achieve labor market success is to develop strong pipelines from the college to the workplace. The paper provides a checklist of high-impact practices that colleges can employ to support students on their journey to degree completion and ultimately improved employment outcomes.