If you are looking to begin or further your career in the construction industry, you may be wondering whether you should get a construction management degree. As with any choice regarding finances, education, and career path, this is a personal decision with no right or wrong answer. Our Nashville contractor lawyers are here to explore numerous factors that may influence your decision on obtaining a college degree in construction management.
According to a study by the National Student Clearinghouse Research Center, the construction industry is number one out of the five undergraduate majors with largest percentage increases in enrollments at four-year institutions. Enrollment for construction trades increased by an impressive 26.4%, which was ten points higher than the number two position (Science Technologies/Technicians, with a 16.2% increase). The statistics were gathered in comparison of the 2017 student enrollment season with the numbers from 2016.
Cost vs. Salary Comparison
One critical aspect of making this decision is taking an honest look at whether you think the investment in college will pay off. There is no guarantee of getting a job in your field after you’ve put in four years, and if you do, there is no guarantee your salary will justify your loans. Of course, the potential to land a higher-paying job does typically increase with a degree in construction management. Everyone should crunch the numbers (and projected/estimated numbers in regard to salary) for themselves and their own unique situations.
Disclaimer: The information contained in this article is for general educational information only. This information does not constitute legal advice, is not intended to constitute legal advice, nor should it be relied upon as legal advice for your specific factual pattern or situation.