Going to School Pays Off

By Jeremy Waller | Nov 30, 2006
Over at Free Money Finance, FMF has posted a great article called More Education Equals More Pay. This echoes what your mom told you about getting a good education so that you could get a good job.

He shows what people at certain education levels can expect to earn throughout their lives

The results:

  • Some high school, no diploma - $1,000,000
  • High school diploma or equivalent - $1,200,000
  • Some college, no degree - $1,500,000
  • Associate degree - $1,600,000
  • Bachelor’s degree - $2,100,000
  • Master’s degree - $2,500,000
  • Doctoral degree - $3,400,000
  • Professional degree - $4,400,000

What I’m curious about is how they figured the numbers. Do the numbers account for the fact that someone with a professional degree doesn’t usually finish with all of their schooling until they’re in their 30s? It would be interesting to look at. In fact, I may do some digging and post what I find tomorrow.

What do you think?


Enjoy it? Then Share It!

These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Facebook
  • Digg
  • del.icio.us
  • Reddit
  • Fark
Related Posts:

1 Comment so far
  1. Dustin December 1, 2006 5:01 pm

    I’ve read similar articles that use individuals in a given profession and compare the “with degree” earnings to the earnings of individuals in the same position without a degree. In many cases I think degrees are silly, so many people get them and never use them. But if you do have one, it can be a powerfull advantage if used right!

Leave a Comment

If you would like to make a comment, please fill out the form below.

Name (required)

Email (required)

Website

Comments

© 2008 Entrepreneur and Finance Nerd Making Money Online - WallerBlog.com, - PassionDuo WordPress Theme hosted by Bluehost.

Tag Cloud

Guides on finding Government Grants ss_blog_claim=81aa3819a74e6c3132f3dca08573bc72