Friday, January 8, 2010

What is that Degree Worth

I've written in the past about whether or not a degree is worth it. Here are some numbers for you from the College Board, New York. These are typical full-time worker median annual income figures.

High School Graduate: $31,500
Bachelor's Degree: $50,900
Master's Degree: $61,300
Professional Degree (law, medicine, engineering, etc): $100,000

Over a 40-year career a degree has similar earning benefits. For a bachelor's degree you will earn 73% more than without one, 93% more with a master's and 187% more with a professional degree.

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