Education and Income - Learning is Key to Higher Earning!

Numbers from the U.S. Bureau of Statistics shows our earnings will increase with every level of education you receive. In 2005, people who finished high school earned almost $75 more every week compared to those who dropped out.

People who completed a two-year associate degree program netted more than $100 per week compared with high school graduates.

If college is not for you, getting a diploma or degree is not your only way to make more money. Apprenticeships and other long-term training also tend to increase earnings. Many occupations that require long-term training, such as a machinist or electrician, also have earnings comparable to those with college degrees.

Did you know the median weekly earnings for a U.S. worker is $696?

• With a Master’s Degree you will earn you $1,129 per week
• With a Bachelor’s Degree you will earn $937 per week
• With an Associate’s Degree you will earn $699 per week
• With a high school diploma you will earn $583 per week
• With no high school diploma your pay falls to $409 per week.

Take completing your education seriously…Consider these facts!

• The longer you wait to get into college, the less likely you are to complete your degree.

• If you take high school math classes beyond Algebra II, it significantly increases the chances of earning a degree, as does taking college-level math courses before the third year of colleges.

• Having fewer than 20 credits by the end of your first calendar year of college enrollment is a serious threat to degree completion.

• An official transfer to a 4-year college or university, either from another 4-year school or a community college, is positively associated with finishing your degree. Wandering from one school to another decreases the chances that you will complete your degree.

Source: U.S. Department of Education’s National Center for Education Statistics

Source of information U.S. Bureau of Labor Statistics, OOQ (Fall 2006)