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College Degree Nearly Doubles Annual Earnings

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College Degree Nearly Doubles Annual Earnings
Topic: Education 8:51 am EST, Mar 28, 2005

New information from the US Census Bureau reinforces the value of a college education: workers 18 and over with a bachelor’s degree earn an average of $51,206 a year, while those with a high school diploma earn $27,915. Workers with an advanced degree make an average of $74,602, and those without a high school diploma average $18,734.

A white woman with a bachelor's degree typically earned $37,800 in 2003, compared with $43,700 for a college-educated Asian woman and $41,100 for a black woman. Hispanic women took home $37,600 a year.

A white male with a college diploma earns far more than any similarly educated man or woman - $66,000 a year. Among men with bachelor's degrees, Asians earned $52,000 a year, Hispanics $49,000 and blacks $45,000.

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College Degree Nearly Doubles Annual Earnings



 
 
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