Who Earns the Most Based on Their Educational Level
Wednesday, December 27th, 2006Copyright © 2006 Ed Bagley
Colleges and universities are fond of reminding anyone who
will listen that there is great value in earning a
bachelor’s degree. In the most recent statistics available
the U. S. Census Bureau tends to agree.
Results from the 2004 Census Bureau report shows a $23,000
difference between the average annual salary of adults with
a bachelor’s degree ($51,554) compared to adults with a
high school diploma ($28,645).
In what may or may not be an anomaly, the income gap
narrowed slightly from five years earlier when bachelor’s
degree graduates made nearly twice as much as high school
graduates.
The percentage of Americans 25 and older with a bachelor’s
degree rose to 28%, and the percentage with a high school
diploma rose to 85%. In 1970, 36 years ago, only 11% of
Americans had a bachelor’s degree and a little more than
half had a high school diploma.
