Guide to Types of College Degrees for Parents and Teachers

Last Updated: October 5, 2024 12:05 am
Guide to Types of College Degrees for Parents and Teachers

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Types of College Degrees: Your Guide to Higher Education

Choosing to pursue higher education is a big decision. It takes a lot of thought and preparation, but the payoff can be huge. One of the first things you’ll probably consider is what type of college degree you want. Understanding the different types of college degrees available is important, whether you are about to start your educational journey or thinking about switching careers.

Some degree programs take longer to finish, and some will take you further on your career path. This blog will unpack everything you need to know to get your college career started on the right track.

What is a College Degree?

A college degree is an academic credential awarded to students upon successful completion of a course of study at a college or university. Types of college degrees vary widely but typically involve a combination of coursework, examinations, and sometimes research projects or internships. Many degree levels exist, each providing a different level of education and career opportunities.

Why Should I Pursue a College Degree?

There are many benefits to earning a college degree. These can be personal, professional, or even financial, but earning a college degree generally indicates to potential employers that you possess certain desirable skills, knowledge, and a strong work ethic. A college education can provide foundational knowledge and practical skills.

Career Advancement Opportunities

In many industries, holding a degree opens up opportunities that might not be available to someone without one. This is particularly true for fields that require specialized knowledge and skills. Some even require specific degrees like a Juris Doctor (J.D.) degree for aspiring lawyers or a Doctor of Medicine (M.D.) for doctors. A degree can be your pathway to entering a new field or moving up in your current one.

Increased Earning Potential

Although a college degree isn’t a golden ticket, and while no job guarantees financial security, individuals with higher education levels typically earn more than those without a degree. This is because more specialized skills and expertise warrant higher compensation. In fact, those with a bachelor’s degree earn significantly more over their lifetime than those with just a high school diploma.

Don’t just take my word for it: The U.S. Bureau of Labor Statistics found that workers age 25 and over with an associate degree earned a median weekly income of $963 in 2021. This is compared to $809 for those with a high school diploma and no college. That’s about a 19% difference in earning potential each week. The numbers continue to trend upward for higher levels of educational achievement, as well.

Personal and Intellectual Growth

Earning any type of college degree often leads to substantial personal growth for students. Along the way, you’ll build confidence, improve critical thinking skills, and gain a greater understanding of different perspectives. It’s about expanding your horizons.

How Many Types of College Degrees Are There?

When deciding on your higher education journey, you’ll likely come across the following four main types of college degrees. Although you might need to spend more or less time to graduate, they each typically involve a set amount of time on campus.

Associate Degree (2 years)

Associate degrees are usually two-year programs offered at community, technical, and career colleges, but you can even get one from some four-year institutions. They are great for folks who want to quickly enter the workforce, advance in their current job, or who want a stepping stone toward a bachelor’s degree.

According to the Bureau of Labor Statistics (BLS), associate degree holders earned nearly 18% more than workers with only a high school diploma in 2023. They are often a good choice for in-demand vocational fields like web development, healthcare, and skilled trades. Associate degrees can be a great way to gain foundational knowledge in a field without the commitment of a four-year program.

Some popular associate degrees include:

  • Associate of Arts (AA)
  • Associate of Science (AS)
  • Associate of Applied Science (AAS)

Bachelor’s Degree (4 years)

A bachelor’s degree usually requires at least four years of full-time study but opens up even more career opportunities, and jobs requiring a bachelor’s degree have the largest projected growth through 2026, according to the U.S. These degrees offer a broad range of subjects and are a prerequisite for many professional roles in business, engineering, healthcare, and education. They also prepare students to further their education through graduate-level programs.

Two of the most common bachelor’s degrees include:

  • Bachelor of Arts (BA) – often focuses on humanities, social sciences, and arts
  • Bachelor of Science (BS) – generally focuses on science, technology, engineering, and mathematics fields

Master’s Degree (1-2 years)

If you already have a bachelor’s degree, you may consider going back for your master’s. It’s usually a one-to-two-year program for those looking to gain advanced expertise. Employers are increasingly searching for master’s degree holders. In fact, data from BLS data shows that jobs needing master’s degrees are projected to increase by 12.1% by 2033. A master’s degree shows you’re serious about your chosen field, with many options in subjects like business administration, education, engineering, and healthcare.

You can find master’s degrees in most fields of study; however, here are some of the more common ones:

  • Master of Arts (MA)
  • Master of Science (MS)
  • Master of Business Administration (MBA)

Doctoral Degree (3-7 years)

Nationwide in 2022, those with a doctoral degree, on average, had lower unemployment rates and higher median weekly earnings than individuals with less education, according to BLS. It signifies advanced mastery in a specific area, and those pursuing research or academic careers often consider a doctorate or professional degree, although the requirements for a professional degree will differ slightly from other doctorates.

Some of the most common types of doctorates include:

  • Doctor of Philosophy (Ph.D.) – generally research-focused and highly specialized
  • Doctor of Education (Ed.D.) – for professionals seeking advanced leadership roles in education
  • Professional Degrees – include degrees like a Juris Doctor (J.D.) or Doctor of Medicine (M.D.), which are often required for licensure

FAQs about Types of College Degrees

What are the four types of college degrees?

The four main types of college degrees, in order of level of education, are; associate, bachelor’s, master’s, and doctoral degrees.

What is an 8-year degree called?

It typically refers to a doctoral degree, although some doctorates can be completed in less than eight years. Some programs will require additional training or a master’s degree before you can start. And other fields, such as medicine, may add a residency to your education that will add to your total time. Keep in mind these degrees usually require more time spent researching, defending your dissertation, and already working in your chosen field.

What is a 2-year college degree called?

An associate degree usually takes two years of full-time study and is a great way to advance your education and kickstart a new career path. Many individuals earn associate degrees to expand their career options, while others eventually continue to pursue their bachelor’s degree. You’ll find most community colleges and technical schools offer associate degrees in a variety of disciplines.

What college degree is 6 years?

Although uncommon, a few types of college degrees take about six years to complete. This is because several colleges offer what is known as a “3-2 program” or a “dual degree.” In these cases, you are actually earning two different bachelor’s degrees. An example would be if you received a BA and a BS in a chosen field.

Conclusion

Choosing the right path from all the types of college degrees can seem overwhelming, but remember: What works for one student might not be right for another. By understanding the commitment required, whether in person or through an accredited online bachelor’s program, you’re investing in yourself. In 2021, more than 52.8 million people held a bachelor’s degree. By fully considering your career aspirations, desired earning potential, and commitment to learning, you’ll be on the path to choosing the right program for you in no time.

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