No Degree? That Might Be A Problem.

If youre thinking about quitting college, think again. A lack of a college degree can hurt you, causing you to miss out on career advancement opportunities.

If you're thinking about quitting college, think again. A lack of a college degree can hurt you, causing you to miss out on career advancement opportunities.

Here’s a thought: you’re in college and are frustrated with your major, even dissatisfied with your school. You’re contemplating quitting, perhaps heading out to the work world in pursuit of a career and some money. After all, Bill Gates never finished college and look where that got him.

Though entertaining thoughts of quitting college can certainly be appealing, it could leave you vulnerable. Specifically, you may end up being passed over for a promotion simply because you didn’t finish college.

Co-Workers Say They Know Someone Who Was Passed Over For A Promotion

In a recent study conducted by and Kelton Research, respondents were asked several questions about employment, specifically their personal knowledge of the work environment. 19% of the people surveyed revealed that they knew of at least one person who didn’t get a promotion for not having a college degree, with 13% saying that they knew of a co-worker who didn’t get promoted because their education level was less than desirous.

“The statistics from this study confirm what has widely been known, not only is a degree critical to getting a job, but it is also key to advancing in one’s career,” said Terrence Thomas, EVP Marketing Operations at EducationDynamics. “And given the current economic climate, a degree might be needed just to keep your job.”

People Surveyed Admit That A Lack Of Education Has Hurt Them

When people were asked if they were passed over for a promotion themselves, the response was a bit different, but still significant: fully 9% of those surveyed said that they themselves lost the opportunity for a better job because they were unqualified academically.

“The message is loud and clear, that in today’s competitive job market, if you don’t have the right education others will pass you by,” continued Thomas.

“We found that 22% of people who started college but didn’t finish have been denied a job, raise or a promotion. What is shocking is that workers are telling us that not having a degree is becoming a significant roadblock in their careers.”

Stay In School

Clearly, the survey reveals two important points about higher education: a degree is still valuable when seeking career advancement and, if you’re already in college, then completing your studies is the way to go.


Tip — Is a lack of money keeping you from finishing your college education? Consider Federal Pell Grants which never have to be repaid or a work study program offered through your school. Upper classmen can sometimes find work as a professor’s assistant while private student loans and Stafford loans offer ways for you to borrow money which can be paid off after you graduate.


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Categories: Commentary