Highest-paying jobs in Portland, Oregon for high school graduates
For decades, common wisdom held that earning a bachelor’s degree would guarantee a high-paying career. Higher education does still seem to be an advantage: A college graduate’s average annual salary of $60,000 in 2024 is roughly $20,000 more than that of a high school graduate, and those with bachelor’s degrees can typically expect to earn between $630,000 and $900,000 more over the course of a lifetime. However, recent shifts in higher education and the job market have people wondering—with good reason—whether or not a bachelor’s degree will really pay off.
According to a 2024 study from the Pew Research Center, 29% of Americans believe obtaining a college degree isn’t worthwhile, a trend reflected in shrinking attendance at universities across the nation. Meanwhile, annual college costs have skyrocketed to an average of $38,270 per student in 2025, often necessitating student loans with steep interest rates.
With these factors in mind, it’s natural for recent high school graduates to consider vocational opportunities outside of college. Those who do may be pleasantly surprised—many companies have stopped requiring bachelor’s degrees for entry-, mid-, and even senior-level positions. And while college graduates’ average earnings may be higher, a 2024 report from Launchpad Jobs found that around 1 in 5 nondegree holders out-earn the $70,000 median wages of someone with a bachelor’s degree…