The College Payoff: Education, Occupations, Lifetime Earnings

Source: Anthony P. Carnevale, Stephen J. Rose and Ban Cheah, Georgetown University Center on Education and the Workforce, 2011

From the press release:
As millions of students prepare to return to college, a new study by the Georgetown University Center on Education and the Workforce confirms that the value of college degrees is increasing. Experts from Georgetown and Lumina Foundation say that postsecondary education has become the new gateway to the middle class and one of the most important economic issues of our time. According to the study, individuals with a bachelor’s degree now make 84 percent more over a lifetime than those with only a high school diploma, up from 75 percent in 1999. Today, bachelor’s degree holders can expect median lifetime earnings approaching $2.3 million. By comparison, workers with just a high school diploma average roughly $1.3 million, which translates into a little more than $15 per hour.
See also:
Executive Summary
Abstract

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