Good news for college grads (or those in process of getting their degrees) — a new report shows that the majority of the 11.6 million jobs created after the 2008 recession went to people with at least a bachelor’s degree.

CNN Money reports that specifically, 8.4 million jobs went to those with a bachelor’s degree, while those with an associate degree or at least some college education snatched up another 3 million jobs, according to the new study released by the Center on Education and the Workforce at Georgetown University. According to CNNMoney, 45% of Americans age 25 to 64 have an associate degree or higher, while 23% have at least a bachelor’s degree.

Even though 42% of young adults age 18 to 24 are enrolled in higher education, nearly 41% of them won’t graduate, according to a statistic released by the United States Department of Education. As if you needed another reason to stay in school, a college education actually does make a huge difference when it’s time to apply for a job.

This post was originally published on Teen Vogue.

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