Industry and Career Outlook
Liberal Studies: A Business Need
Disruptive technologies, globalization, and industry shake-ups are creating a wealth of opportunities and challenges for leaders and entrepreneurs across industries. As today’s job market continues to evolve, new careers are emerging, which demand creativity, broad knowledge, and the ability to fit disparate pieces of information into a coherent whole. To successfully navigate these shifting landscapes requires a distinct way of seeing, thinking and doing—it requires mental agility and adaptability. These skills are at the core of a liberal studies education.
Despite the market pressures for increased professional specializations in science, technology, engineering, and mathematics in the workforce, 91 percent of employers say they are asking employees to use a broader set of skills and take on more responsibility than in the past. In addition, 88 percent say the challenges faced by employees are more complex and require higher levels of learning and knowledge.
A Georgetown liberal studies education—one based in the traditions of some of the world’s greatest philosophers and teachers—provides students with instruction in multiple disciplines and teaches them to dissect complex questions, analyze nuanced problems, and develop creative and well-reasoned solutions.
The Benefits of an Advanced Degree
Since the mid-1980s, education has played a large part in potential wages, with bachelor's degree holders taking home an average of 66 percent more than those with only a high school diploma do. While college-educated workers' wages have increased over the past two decades, those with only a high school education have seen decreases in annual salaries in the same time period.
Additionally, according to The College Payoff, a report published by the Georgetown University Center for Education and the Workforce, those with bachelor's degrees, no matter the field, earn vastly more than counterparts with some college ($1.55 million in lifetime earnings) or a high school diploma ($1.30 million lifetime), indicating that no matter the level of attainment or the field of study, simply earning a four-year degree is often integral to financial success later in life.