'Good jobs' will increasingly require a bachelor's degree

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'Good jobs' will increasingly require a bachelor's degree

It seems reports of the bachelor's degree death have been highly exaggerated.

While it's true that many young people today are drawn to high-paying jobs right out of high school, forgoing college and the associated opportunity cost, and that many states and major corporations no longer require degrees for employment, the bottom line is that college is still worth it.

And now, BestColleges reports that a new Georgetown study says the bachelor's degree will increasingly become the gateway to good jobs as we approach the 2030s.

What Are 'Good Jobs'?

In its new report, "The Future of Good Jobs: Projections Through 2031," the Georgetown Center on Education and the Workforce defines a "good job" as one that minimally pays $43,000 (and a median of $74,000) for workers ages 25-44 and at least $55,000 (with a median of $91,000) for those in the 45-64 age bracket. Those figures are in 2022 dollars.

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