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Article: College graduates earn almost double the salary of high school graduates.(Brief Article)
- Article from:
- Report on Literacy Programs
- Article date:
- March 31, 2005
CopyrightCOPYRIGHT 2005 Eli Research, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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In the job market, a college degree is worth almost double the value of a high school diploma, new Census Bureau figures show.
In 2004, bachelor's degree-holders earned an average $51,206 a year, compared with $27,915 a year for those with a high school diploma only, according to the Census numbers.
Without a high school degree, earnings dropped sharply, to an average $18,734. At the other end of the spectrum, advanced degrees brought an average salary of $74,602.
The Census Bureau also reported record high numbers of people 25 or older both having finished high school, at 85 percent, and earning bachelor's degrees, at 28 percent.
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