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DegreeTree Study Reveals Correlation between Unemployment, Education and Income



   DegreeTree Study Reveals Correlation between Unemployment, Education and
                                    Income

Infographic intended to help future students make rational degree and career
decisions

PR Newswire

CHARLOTTE, N.C., July 24, 2012

CHARLOTTE, N.C., July 24, 2012 /PRNewswire/ -- DegreeTree.com, an online
resource for connecting students with accredited degree programs and schools,
has released the results of a recent study comparing unemployment vs education
vs income.  The infographic makes use of DegreeTree data which shows that
states with the highest unemployment rates are also the states with the
highest number of degree seekers.  The infographic was created in order to
help students make informed decisions when deciding on degrees and future
career paths, and is the latest in a series of informative guides.

(Logo:  http://photos.prnewswire.com/prnh/20110518/MM04455LOGO )

"With unemployment being so high in some states, many who are unemployed are
choosing to go back to school," says Teri Didjurgis, General Manager of
DegreeTree.  "This information is meant to help them discern between careers
with high and low unemployment so they can make good decisions when choosing a
degree."

It should come as no surprise that higher education means lower unemployment
rates.  Statistical data shows that unemployment decreases significantly the
more education a person has. However, the data presented by DegreeTree goes a
step further to show the correlation between jobs that not only have a high
salary, but also have low unemployment.

Of course, the information is supposed to be fun. "We've pitted different
degrees and careers against each other in an Olympic style boxing match," says
Ralph Miller, marketing manager for DegreeTree. "You're going to see a few
surprise knockouts when you see high paying careers that just don't match up
to others when it comes to actually getting a job. You wouldn't train for the
Olympics in a sport that didn't compete, so why would you get a degree in an
area with high unemployment rates?"

"We want to make sure the degrees people choose are the ones that make the
most sense. It's not just about personal fulfillment. People also need to
consider salary potential, benefits, working conditions and the level of
demand a degree carries. The latter is particularly true in states like
California and Nevada, where the unemployment rate is over 10%."

In addition to the infographic, DegreeTree offers education resources to
assist people choosing a career for the first time, or starting a new one.

About DegreeTree

DegreeTree, a subsidiary of Tree.com, is the trusted online portal for
connecting prospective students with accredited online degree programs and
institutions. Through its comprehensive information center, DegreeTree.com
provides online tools and resources to help students make the right choice for
advancing their education.

About LendingTree, LLC
LendingTree, LLC is the nation's leading online lender exchange and personal
finance resource, helping consumers take charge of all their financial
decisions, from budgeting to money management to mortgages to credit cards and
more. LendingTree provides a marketplace that connects consumers with multiple
lenders that compete for their business, as well as an array of online tools
to aid consumers in their financial decisions. Since inception, LendingTree
has facilitated more than 30 million loan requests and $214 billion in closed
loan transactions. LendingTree provides access to lenders offering mortgages
and refinance loans, home equity loans/lines of credit, and more.LendingTree,
LLC is a subsidiary of Tree.com, Inc. (NASDAQ: TREE). For more information go
to www.lendingtree.com, dial 800-555-TREE, join our Facebook page and/or
follow us on Twitter @LendingTree.

MEDIA CONTACT:
Megan Greuling
(704)943-8208
Megan.Greuling@tree.com

SOURCE LendingTree, LLC

Website: http://www.lendingtree.com
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