Monday, December 5, 2011

Lifetime Earnings Soar with Education

I read an article talking about how much a person can expect to earn based on their educational attainment. Over an adult's working life, high school graduates can expect, on average, to earn $1.2 million; those with a bachelor's degree, $2.1 million; those with a master's degree, $2.5 million; those with a doctoral degrees, $3.4 million; and those with professional degrees do best at $4.4 million. Along with the financial data, the report also shows that more Americans are staying in school longer than ever before. In 2000, 84 percent of American adults age 25 and over had at least completed high school and 26 percent continued to earn a bachelor's degree or higher, both all-time highs.

http://usgovinfo.about.com/od/moneymatters/a/edandearnings.htm

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