{"id":621510,"date":"2018-11-11T04:24:53","date_gmt":"2018-11-11T04:24:53","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/will-you-earn-more-money-because-of-your-university-degree-perhaps-not-the-economist-suggests\/"},"modified":"2018-11-11T04:24:53","modified_gmt":"2018-11-11T04:24:53","slug":"will-you-earn-more-money-because-of-your-university-degree-perhaps-not-the-economist-suggests","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/11\/will-you-earn-more-money-because-of-your-university-degree-perhaps-not-the-economist-suggests\/","title":{"rendered":"Will you earn more money because of your university degree? Perhaps not, the Economist suggests."},"content":{"rendered":"

Going to university doesn\u2019t necessarily translate into a bigger paycheck or a greater certainty of employment, <\/strong>according to the Economist<\/a>. In fact, you might be missing out on making USD 60,000 while pursuing a standard four-year degree. The educational bar has consistently been rising, making degrees a standard requirement for jobs that once had completely different educational standards: In the 1970s, only 16% of registered nurses in the US had bachelor degrees. Despite rising to 60% in 2015, the new figure did not yield a higher wage for all. The trend also holds for the majority of other fields of employment: \u201cOver the past 50 years, nearly half have seen wages fall in real terms.\u201d<\/p>\n

Uncertain future: <\/strong>With the advent of artificial intelligence, automation, big data and fintech, the job market will witness be disrupted, while the rise of short, work-focused courses in fast growing fields, such as IT, will provide long term training for employees, without the need for paying so much on university tuition fees (watch, runtime: 3:01<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"

Going to university doesn\u2019t necessarily translate into a bigger paycheck or a greater certainty of employment, according to the Economist. In fact, you might be missing out on making USD 60,000 while pursuing a standard four-year degree. The educational bar has consistently been rising, making degrees a standard requirement for jobs that once had completely […]<\/p>\n","protected":false},"author":1,"featured_media":621511,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9004],"tags":[7094,901,73,928,72,183,2388],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-621510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-worth-watching","tag-ai","tag-data","tag-education","tag-employment","tag-enterpriseam","tag-fintech","tag-worth-watching","wpautop","entry"],"acf":{"mongo_id":"17c4629e-00a2-4678-8bb7-6e9f1b6c811a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"https:\/\/ent.news\/2018\/11\/692.jpg","photo_position":"above","related_issue":[621485],"teaser":"","voice_url":""},"yoast_head":"\nWill you earn more money because of your university degree? 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Heightened demand meant that the private sector built up a backlog for\u2026","rel":"","context":"In "SPEED ROUND: ECONOMY"","block_context":{"text":"SPEED ROUND: ECONOMY","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round-economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/351.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":626432,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/the-economist-makes-its-case-for-wealth-taxes\/","url_meta":{"origin":621510,"position":4},"title":"The Economist makes its case for wealth taxes","author":"enterpriseam admin","date":"2 July 2018","format":false,"excerpt":"The Economist makes its case for wealth taxes: Wealth taxes have the fewest \u201cunintentional bad consequences\u201d and could be the solution to raising the funds governments need to support public services, such as schools, roads, and hospitals, the Economist says. Whereas income and consumption taxes have been widely popular tools\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/7\/1140.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":630140,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/12\/why-does-the-gender-pay-gap-persist\/","url_meta":{"origin":621510,"position":5},"title":"Why does the gender pay gap persist?","author":"enterpriseam admin","date":"12 April 2018","format":false,"excerpt":"\u201cThe motherhood penalty\u201d is real, and it\u2019s at the core of why women get paid less than men. According to The Economist, women do not get paid less for the same jobs, but rather are typically placed into jobs that are not as high-paying as those predominantly occupied by men.\u2026","rel":"","context":"In "Worth watching"","block_context":{"text":"Worth watching","link":"https:\/\/enterpriseam.com\/egypt\/category\/lifestyle\/worth-watching\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2018\/4\/1732.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621510","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=621510"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/621510\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/621485"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/621511"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=621510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=621510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=621510"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=621510"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=621510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}