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Financial Aid in the News

Study: Many Americans Experience Job Opportunity Loss For Not Having Academic Degree (Diverse Issues in Higher Education)

"One recent study, highlighting the role that many believe formal education plays in the workplace, reports that almost one in five (19 percent) Americans - which amounts to roughly 40 million adults in the United States - say they know someone at their current or past job who has been passed over for a job because they didn't have the right academic degree," Diverse Issues in Higher Education reports. "One in 10 (10 percent) respondents say they themselves have been denied a job during their careers for not having a degree. Other significant findings from the survey found that more Blacks than White Americans say they have been denied job opportunities because of a lack of a college degree. The study revealed that 25 percent of Black respondents reported they were denied either a job, promotion or a raise, compared to 13 percent of Whites."

You can read the complete August 18, 2008 Diverse Issues in Higher Education article on-line.

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