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New federal numbers show that students who complete a college degree or certificate are more likely to be employed than their peers who don't. The data from the U.S. Department of Education is based on a study of 16,700 students who first enrolled in college in 2003. Those who had earned a credential by 2009 were more likely to hold employment at that time. Students who earned a degree were more likely to be employed than those who earned a certificate.