You will earn more if you have more education. You will also be less likely to become unemployed.
A survey from 2008 shows that average earnings grow from $426 to $591 per week, just by earning a high school diploma. Getting a college Bachelor's degree increases average earnings to $978 per week.
More education pays off in higher earnings.
| Some High School, No Diploma |
$426 |
9.0% |
| High School Graduate |
$591 |
5.7% |
| Some College, No Degree |
$645 |
5.1% |
| Associate Degree |
$736 |
3.7% |
| Bachelor’s Degree |
$978 |
2.8% |
| Master’s Degree |
$1,228 |
2.4% |
| Professional Degree |
$1,522 |
1.7% |
| Doctoral Degree |
$1,555 |
2.0% |
