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Median income per person in the U.S. was $42,800 in 2019. [2] The average is higher than the median because there are a small number of individuals with very high earnings, and a large number of individuals with relatively low earnings. (See Income inequality in the United States.)
According to Forbes magazine, mid-career median salary is currently $188,000 a year. [17] According to a study done by online salary-information company PayScale, graduates of Santa Clara Law have the third highest midcareer median salary among all graduate programs in the United States. [18]
In 2019, 98 percent of graduates obtained full-time employment within nine months, with a median salary of $190,000. [8] Of all the law schools in California, Berkeley had the highest bar passage rates in 2021 (95.5%) and 2022 (92.2%).
Median income for ages 45 to 64: $73,784 Median income for ages 65 and over: $47,114 Trending Now: Passive Income Expert: Here’s How I Make $27,000 Every Week
Salary data for professors is typically reported as a nine-month salary, not including compensation received (often from research grants) during the summer. In 2006, the overall median 9-month salary for all professors in the U.S. was reported to be $73,000, placing a slight majority of professors among the top 15% of earners at age 25 or older ...
According to a 2018 PayScale study, Caltech graduates earn a median early career salary of $83,400 and $143,100 mid-career, placing them in the top 5 among graduates of US colleges and universities. [113] The average net return on investment over a period of 20 years is $887,000, the tenth-highest among US colleges. [114]
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In 2007, more than 50 percent of college graduates had a job offer lined up. For the class of 2009, fewer than 20 percent of them did. According to a 2010 study, every 1 percent uptick in the unemployment rate the year you graduate college means a 6 to 8 percent drop in your starting salary—a disadvantage that can linger for decades.
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