Is college worth its cost?

The value of college in light of its ever-increasing costs is a hotly debated topic these days.

A blog post at on the topic of the monetary value of a higher ed degree caught my eye.

InVision, which describes itself as “a prototyping, collaboration & workflow platform,”  commissioned a research  study to find out, among other things the role education—both formal and informal—plays for designers today.  Researchers surveyed 1,650 designers from 65 countries:

The biggest takeaway we uncovered? Designers are split nearly 50/50 in terms of being self-taught and having a formal design background. 51% have a formal design education while 49% are self-taught. Makes sense when you consider the pace at which the design industry is evolving!

The study revealed having a higher education degree gave a salary advantage to the person with a degree:

As it turns out, salaried designers with formal training earn about 5% more on average than their self-taught counterparts: $78,061 compared to $74,657 annually.

That salary figure for those with formal training appears to lump all those with formal training together, whether they had an associate degree or doctorate.

bar chart of relative salaries of designers with different education levelsThe survey also revealed that the designers without formal post-secondary education skewed heavily male:

Women are more likely than men to have a higher degree, with about 72% of women holding a bachelor’s versus 56% of men. 22% of male designers hold no advanced degree, compared to just 7% of female designers.

Although all sorts of conclusions can be drawn from the InVision data, I’m struck by the potential for good paying jobs in design potentially available for the male high school students who absolutely, positively do not want to go to college.

They may not make as much over their careers as the folks with the bachelors’ and masters’ degrees, but neither do they have those bachelors’ and masters’ degree debts.

It might be worthwhile for high school teachers and guidance counselors to look at design and other fields in which kids with few resources but a keen interest can develop in-demand skills without going to college.

You can get a copy of the report in exchange for your email address here.