Tuesday, September 1, 2009

College pays off: BLS

Buried down in Table 4 of the Bureau of Labor Statistics' report on "usual weekly earnings of full-time wage and salary workers" through the second quarter of this year are numbers that can be reassuring or chilling to students, depending on their attitudes toward school.

The Educational Attainment breakdown shows that Americans who've earned a Bachelor's degree earn 63% higher pay than high school graduates on average.

High school only -- $630/week.
Bachelor's degree -- $1,031/week.

The report also has breakdowns based on gender, age and race. See it at http://www.bls.gov/news.release/wkyeng.t04.htm