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The Future Looks Bright for STEM Bachelor Degrees

Friday, March 14, 2014

Have you heard the buzz-phrase “STEM” career or “STEM” education? STEM stands for Science-Technology-Engineering-Mathematics, and it’s become an important acronym for employers, educators and policy makers nationwide. This is because the demand for professionals trained in science, technology, engineering and math keeps growing.

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What are some of the facts about STEM degrees and STEM careers? In 2011, Georgetown University Center on Education and the Workforce did a workforce study focused on STEM education and workforce issues. Here’s what the report found:

  • Workers with associate’s degrees in STEM fields out-earn 63 percent of people who have bachelor’s degrees in other fields.
  • Almost half of workers with bachelor’s degrees in STEM fields out-earn workers with PhDs in other fields
  • Regardless of occupation, people with a bachelor’s degree in a STEM major make roughly $500,000 more over their lifetimes than non-STEM majors.
  • Over the past 30 years, salaries in STEM-related jobs have jumped faster than those in any other occupation other than healthcare professionals and managerial occupations.
  • STEM wages jumped 31 percent over the past 30 years, compared with 23 percent for all non-STEM occupations.

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What does this mean for you? It means that finishing your bachelor’s degree in biomedical science at National University may be a very smart decision in building a successful and rewarding career. Learn more by planning to attend one of our student-for-a-day events.

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