Job Opportunities for Career College Graduates

Filed under
Publication Corner
front cover of Fact Book 2010

Private career schools, institutes, colleges and universities continue to provide diverse educational opportunities for students interested in receiving career-specific training in art, business, information technology, allied health, culinary arts and over 200 other fields of study. Career colleges award a wide range of education credentials, from short-term certificates to graduate-level degrees, such as Master’s and doctoral degrees, as well as first professional degrees.

The Fact Book 2010: A Profile of Career Colleges and Universities presents a comprehensive look at the for-profit and career college sector of higher education, as well as a comparison of public and private two- and four-year institutions. Below is a small sampling of the data, compiled in the Fact Book.

There are an increasing number of job opportunities opening up for employees with a postsecondary degree or certificate, particularly in the health, technology and business fields. Career colleges provide training for many of these occupations. One-fourth of career college students are enrolled in high-growth fields, and three-quarters of career college graduates find employment upon graduation.

  • A 13% increase in job opportunities by 2018 is projected for occupations requiring a postsecondary vocational award. Jobs requiring an Associate degree are projected to be the most in-demand, with a 19% increase.


     
  • Workers with a two-year degree on average will earn about 26% more than those with only a high school diploma. Those with a Bachelor’s degree will earn on average an additional 48% more than those with two-year degrees.


     
  • Career college graduates have first job annual earnings similar to those of graduates at public two-year and private, not-for-profit two-year institutions.

Although career colleges enroll a much smaller number of students (10%) than do private not-for-profit (17%) and public (73%) institutions, they account for a disproportionate percentage of graduates in key fields.

  • Forty-four percent of career college students are enrolled in high-growth fields, compared with public (18%) and private, not-for-profit (13%) institutions.
  • Seventeen of the 20 fastest-growing occupations are in the healthcare and computer/data processing industries. An estimated 1.8 million jobs are being created in these fields through 2018.
  • Growth in the health services and computer support fields will generate an increasing number of new jobs, most of which will require postsecondary training or an Associate degree.
  • Forty-two percent of health degrees and certificates conferred at less-than-two-year and two-year institutions were awarded at career colleges; 14% of health degrees and certificates conferred at four-year-or-more institutions were awarded at career colleges.
  • Twenty-seven percent of technology degrees and certificates conferred at less-than-two-year and two-year institutions were awarded at career colleges; 30% of technology degrees and certificates conferred at four-year-or-more institutions were awarded at career colleges.
  • Forty-four percent of business degrees and certificates conferred at less-than-two-year and two-year institutions were awarded at career colleges; 16% of business degrees and certificates conferred at four-year-or-more institutions were awarded at career colleges.
  • Seventy-six percent of career college students who completed an award in 2005 were employed directly following graduation.

For more information on the Fact Book 2010: A Profile of Career Colleges and Universities, please contact Jenny Faubert at jennyf@imagine-america.org.