Lindsay Ellis
speaker
770 appearances
18 recordings
1 series
first heard Mar 2022
last heard Jan 2025
Lindsay Ellis’s voice in public audio — every appearance, attributed to the second.
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WSJ Your Money Briefing · Want a Good Job by Age 30? Take These Steps in Your 20s. · 10 May 2023
podcast
But this team analyzed longitudinal government research for 8,000 plus people.
And they found that to get a good job, the pathways that could make the biggest difference for people in their 20s involved college.
It's pursuing a bachelor's degree and earning one before your mid-20s.
For people who don't go down that pathway, it's pursuing a community college program, an associate's degree, or a skills certificate.
The options that involve college, taking those could improve people's chances of getting a good job by age 30.
So big companies have signaled that they are more open to people without bachelor's degrees and that they might pursue a skills-based evaluation in vetting whether you would be a good candidate for a job or not.
While that rhetoric is still there and some companies have stuck with these policies, I think it's good to remember that the bachelor's degree remains a significant hurdle for many jobs,
even entry-level jobs, that many of these positions, despite sort of that trend of some companies moving toward it, still require the bachelors to get your foot in the door.
Yes.
So one key area is getting an associate's degree, going to community college, or kind of getting a skills-based certificate.
Each of those makes a difference.
The Georgetown researchers looked at the same set of data.
They could isolate that decision and found that there was a bump if you went down those pathways.
The other thing that they found that made a difference was that for some individuals who've graduated high school but don't expect to pursue a bachelor's degree, if those individuals started a bachelor's degree, that could also lead to a pretty significant bump.
So they found that even if you didn't finish, for some people, starting could also make a difference.
As it stands right now, these non-finishers have a 40% chance of getting a good job by 30, according to this Georgetown data.
The researchers sort of isolated that decision, whether these individuals finished college or didn't finish college and looking at the data.
And they found that if these individuals eventually earned a bachelor's degree by age 26, keeping every other factor in their life constant,
they would have a higher chance, 56%, of getting a good job.
So that's a 16 percentage point difference if you can sort of hold on and finish that degree.
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