Is College Worth It?

With the rising cost of higher education, you might wonder if college is worth the time and money.  Does additional education really make a difference in earning potential?

In a May 2018 article, using information obtained from the U.S. Census Bureau, Amelia Josephson, of SmartAsset, identified the average U.S. salary by education level.

Average Salary by Education Level:

  • Average Salary with Less Than a High School Diploma – $25,256
  • Average Salary with a High School Diploma – $35,256
  • Average Salary with Some College, No Degree – $38,376
  • Average Salary with an Associate’s Degree – $41,496
  • Average Salary with a Bachelor’s Degree – $59,124
  • Average Salary with a Master’s Degree – $69,732
  • Average Salary with a Professional Degree – $89,960
  • Average Salary with a Doctorate – $84,396

Although you may become a high wage earner without a diploma or degree, the statistics emphasize the overall benefit of higher education in relation to earning potential.   Remember, salary isn’t everything; therefore, only you can determine if college will truly be worth it.

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