The power of a college degree and why it matters—to you, to Michigan

Technology and the global economy are evolving so rapidly, earning a college degree has never been more vital. That applies to earning potential and general life satisfaction. At Davenport University, we equip graduates with the education and “power skills” necessary not only to succeed in today’s competitive job market but also to adapt and innovate in an era increasingly shaped by artificial intelligence (AI). Higher education is crucial for ensuring Michigan’s workforce remains relevant, productive and thrives in this dynamic landscape.

The numbers paint a clear picture of the income opportunities that come to those with a college degree. According to the Pew Research Center, people with a bachelor’s degree earn approximately $1.2 million more over their lifetime when compared to those with only a high school diploma.

The benefits are more than financial. The College Board Report, “Education Pays 2023: The Benefits of Higher Education for Individuals and Society,” shows that degree holders report higher levels of job satisfaction and overall life fulfillment. College graduates are more likely to vote, volunteer and contribute to civic life…

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