May 15, 2009

College Degree Nearly Doubles Annual Earnings, Census Bureau Reports

This information was released four years ago by the U.S. Census Bureau News, and has not changed since the release on March 28 ,2005:

New information from the U.S. Census Bureau reinforces the value of a college education: workers 18 and over with a bachelor’s degree earn an average of $51,206 a year, while those with a high school diploma earn $27,915. Workers with an advanced degree make an average of $74,602, and those without a high school diploma average $18,734.

According to new tables released on the Internet titled Educational Attainment in the United States: 2004, 85 percent of those age 25 or older reported they had completed at least high school and 28 percent had attained at least a bachelor’s degree — both record highs.