Hey guys. The above shows the average amount of money a person makes in 40 years of work, depending on his education level. There is definitely a huge jump between a high school diploma and a bachelor's degree, so college is most likely worth it (not surprising for us). However, there doesn't seem to be much difference in terms of income between a bachelor's and a master's degree. Now a doctorate and professional degree, those look nice.
Thursday, June 9, 2011
Comparing incomes
Hey guys. The above shows the average amount of money a person makes in 40 years of work, depending on his education level. There is definitely a huge jump between a high school diploma and a bachelor's degree, so college is most likely worth it (not surprising for us). However, there doesn't seem to be much difference in terms of income between a bachelor's and a master's degree. Now a doctorate and professional degree, those look nice.
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Hello! I definitely have to agree with this visualization. Facts don't lie..usually. I have seen this in various forms in many places. Although this is not the clearest graphic I've seen, it still rings true. Higher education is a great help. From high school to bachelor's one can almost double your income. But as you said, master's is a lot less noticeable. I think this goes with what many people, including counselors, say about master's programs - only do it if you're going through and past it to a doctors. Because once you reach the doctors and/or professional degree, the jump once again becomes more noticeable.
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