Income and Education - College Degree Holders Earn More
Most everybody has heard from one place or another that take-home pay and college education are unequivocally connected. If you are like many of them, you may perhaps be curious how strongly related they truly are. Individuals who are just about to make the choice whether to go to college or enter the work force with no college degree need merely to look to new research by the Bureau of Labor statistics (www.Bls.Gov) to hit upon the answer.
The Bureau reports a massive amount of data on the details of America's work force on the Internet. One of those web pages depicts a graph of median weekly income for several levels of education. Here is the synopsis.
For women, 25 years old and over:
High school dropouts--around $250 to $650 High school graduates---around $300 to $1,000 Bachelor's degree--around $475 to $1,800 Advanced degree--around $600 to $2,100
For men, 25 years old and over:
High school dropouts--around $300 to $900 High school graduates---around $400 to $1,300 Bachelor's degree--around $600 to $2,500 Advanced degree--around $700 to $3,400
This data comes from the Bureau's Current Population Survey. You can get a link to this research study on the web page with the wages data.
You will notice the difference between a high school dropout and a person with a graduate degree is very considerable. Of course, the difference between a high school graduate and advanced degree holder is nearly as large! It is obvious from the data shown, which was taken directly from the American work force, that college degrees have a large role in how much money you might earn when you graduate and begin working.
Even if you are not just out of high school and at present working, you can earn a college degree! Look at out how online education can help you get your degree and get that ideal job.
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