If you’ve been considering a career in information technology, a college degree in IT is the obvious route. But is this a smart move in terms of job security and financial stability down the road? Here are some factors to consider when pursuing your degree, along with some ideas on how to determine if your degree will keep you relevant for years to come.
Return on Investment
Despite the rising costs of a college degree, the U.S. Census Bureau reports that those with a bachelor’s degree earn 67.7 percent more than those with only a high school diploma, on average.1 That’s a pretty significant difference in income.
Not all college degrees are created equal in terms of return on investment. However, if you’re considering a degree and career in IT, the outlook is pretty good for you. Technology-related degrees are highly ranked in Kiplinger’s list of Best College Majors for Your Career 2016-2017. Thus, it’s possible that, with the right career path, the return on investment for an IT degree could be worth the effort.
As advances and innovations continue to occur in technology and companies continually strive to outdo their competition, careers in information technology are expected to increase and become more valuable. But to reap the benefits in this promising and stable career field, it’s important to stay updated on the latest improvements, achievements, and innovations made in the IT sector, including pursuing certifications in software proficiency. This will help you maintain your value as an employee and grow in your career.
If you do a simple Google search for “most valuable degrees,” you will find information technology degrees of some sort on nearly every list you read. In fact, the Bureau of Labor Statistics predicts a 37 percent increase in employment for IT analysts before the year 2022. There are a lot of job opportunities and a lack of applicants. This could make your IT skills valuable, as long as you keep up with the competition and the newest advances.
If you’re interested in learning more about an IT degree, browse our site at Stevens-Henager College to find out how to get started on your path to a valuable and rewarding career today.
1 The amount of increased earnings varies by field and degree. Source: U.S. Census Bureau https:/www.census.gov/prod/-2012pubs/p70-129.pdf (See Table 8).