Thinking about earning a bachelor’s degree? Your choice can shape your income, career options, and job security for years to come. Trade school or on-the-job training can be smart paths, but many high-paying careers still require a degree. At Northern Michigan University, our affordable online programs make it possible to earn a degree that delivers lasting value.
Should I Get a Bachelor’s Degree?
A college degree exposes students to a deeper understanding of the world around us—its history, language, art, science, and literature. Earning a degree, no matter the specialization, also teaches important life skills applicable in their personal and professional lives.
Among these skills are:
- Time management
- Critical thinking
- Problem-solving
- Communications skills
- Interpersonal skills
In the workplace, these “soft skills” often prove as important as “hard skills.” And when all else is equal among job candidates, soft skills can make one candidate preferable over another.
The benefits of a bachelor’s degree also extend to measurable, practical matters. Statistics often show that college graduates are better off than peers without a degree in these areas.
Increase Your Salary Potential
Open More Career Paths
A degree can unlock opportunities that aren’t available otherwise. Many employers see it as proof of skill and commitment. With a degree, you can qualify for jobs in specialized fields, step into leadership roles, or transition to a new industry with greater ease.
Gain an Edge in Job Security
In a competitive job market, education can set you apart. Employers often favor candidates with proven training and credentials. A degree can help protect your career during economic slowdowns, making it easier to maintain steady work and income.
Economic Stability
The combination of better pay, higher employment levels, and increased promotion opportunities typically provides college graduates with a path to greater economic stability. In 2023, 87% of adults with a bachelor’s degree reported being “at least OK” financially, according to the Federal Reserve. This strong figure underscores the continued value of a college education in securing financial well-being and navigating economic challenges. With a bachelor’s degree, individuals are better positioned to achieve and maintain financial stability in today’s economy
See a Strong Return on Your Education
The cost of tuition is an investment in yourself. The return often includes higher earnings, better benefits, and more career flexibility. Education can also bring personal rewards such as confidence, new skills, and a larger professional network. Over time, both the financial and personal gains can outweigh the cost.
Life Satisfaction
Considering the many benefits of a bachelor’s degree, it’s no surprise that college graduates often enjoy higher job satisfaction. A degree not only opens the door to better job opportunities and higher pay but also equips individuals with the skills and confidence to thrive in their careers, leading to greater satisfaction at work. Moreover, education strongly correlates with overall life happiness. As people age, those with a bachelor’s degree typically experience higher well-being, finding that the stability and opportunities education provides contribute to a more fulfilling and happy life. A bachelor’s degree is not just a career booster; it’s a key to long-term personal and professional fulfillment.
Why Earn a Bachelor’s Degree at NMU?
NMU Global Campus offers various degree program options for those who decide to pursue a bachelor’s degree. The school also provides the advantages of enrolling in an online program. Remote learning allows students the flexibility to study and review lectures at a time and place that works for them.
Additional benefits students enjoy include:
- A ranking as the second most affordable tuition in Michigan
- A policy allowing students to pay in-state tuition no matter where they live
- Fast undergraduate transfer evaluations
- A generous transfer policy that allows up to 90 credits from a community college
- Flexible payment options
- Student advising support
- Career services support
There are significant benefits to earning a bachelor’s degree. With online learning, students now have a better chance than ever to complete a four-year degree program and enjoy those benefits in both their careers and personal lives.
FAQs About the Value of a Bachelor’s Degree
Is a bachelor’s degree worth it in 2025?
Yes. A bachelor’s degree still delivers strong value. In 2024, median weekly earnings for degree holders were $1,543, while high school graduates earned $930. That’s a $613 weekly difference, or over $30,000 more per year. Unemployment for degree holders was just 2.5%, compared to 4.2% for high school graduates.
What careers offer the highest ROI for a bachelor’s degree?
Fields like technology, healthcare, business, and engineering often deliver the strongest returns. These areas show steady job growth and higher starting salaries.
How long does it take to earn a degree online?
Most online bachelor’s degrees take four years. Transfer credits and accelerated programs can shorten the timeline.
Can a bachelor’s degree help me switch careers?
Yes. A degree can give you the skills and credentials to move into a new field. Many employers look for a college education when hiring outside candidates.
What financial aid options are available?
Students may qualify for grants, scholarships, work-study programs, and loans. NMU’s financial aid office can help you explore your options.
How do online degrees compare to on-campus programs?
Accredited online degrees meet the same academic standards as on-campus programs. They offer flexibility for working students while providing access to faculty and resources.
