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While those with some college averaged $31,046, those with a bachelor's degree averaged $51,194, over $20,000 (64.9%) a year more. [3] The second most dramatic difference in average income was between those with a bachelor's degree with $51,940 and those with an advanced degree who made $72,824, roughly $21,000 (42.2%) more.
Students double majoring in engineering and natural sciences earned an average salary of $78,342; those double majoring in education and a social science earned $45,491. [9] [10] A double major is directly beneficial for those who only have a bachelor's degree.
A US Department of Education longitudinal survey of 15,000 high school students in 2002 and 2012, found that 84% of the 27-year-old students had some college education, but only 34% achieved a bachelor's degree or higher; 79% owe some money for college and 55% owe more than $10,000; college dropouts were three times more likely to be unemployed ...
Look at almost any statistical data and you'll find that getting a college diploma can help you earn more money. The average college grad with a bachelor's degree earns $59,600 a year, according to...
The average person with a bachelor's degree earns more money than the average person with an associate's degree, who earns more than the average person with a high school diploma — but averages...
According to the board's report, it takes the average college graduate about 12 years to regain the cost of getting a bachelor's degree.
Personal income is an individual's total earnings from wages, investment interest, and other sources. The Bureau of Labor Statistics reported a median weekly personal income of $1,139 for full-time workers in the United States in Q1 2024. [1] For the year 2022, the U.S. Census Bureau estimates that the median annual earnings for all workers ...
As of 2022, 89% of the adult population had completed high school and 34% had received a bachelor's degree or higher. The average salary for college or university graduates is greater than $51,000, exceeding the national average of those without a high school diploma by more than $23,000, according to a 2005 study by the U.S. Census Bureau. [76]