According to the U.S. Census Bureau the difference in lifetime earnings between a high school diploma and bachelor’s degree is a million dollars. Add on a master’s degree and you can expect to earn an additional half a million dollars in earnings. Those with professional degrees earn much more – about 4.4 million dollars during their working life.<\/p>\n
Jennifer Day, Chief of the Education and Social Stratification Branch at the U.S. Census Bureau says, “In 1999, average annual earnings ranged from $19,000 for high school dropouts, to $26,000 for high school graduates, $45,000 for college graduates and $99,000 for the holders of professional degrees.<\/p><\/blockquote>\n
The data is almost 10 years old so I can only imagine how it has changed since then.\u00a0 Degrees do equal dollars and I suspect that is why education is the most misrepresented information on a resume.<\/p>\n","protected":false},"excerpt":{"rendered":"
This is from the Career News newsletter (sorry, no link): According to the U.S. Census Bureau the difference in lifetime earnings between a high school diploma and bachelor’s degree is a million dollars. Add on a master’s degree and you can expect to earn an additional half a million dollars in earnings. Those with professional degrees earn much more – about 4.4 million dollars during their working life. Jennifer Day, Chief of the Education and Social Stratification Branch at the U.S. Census Bureau says, “In 1999, average annual earnings ranged from $19,000 for high school dropouts, to $26,000 for high school graduates, $45,000 for college graduates and $99,000 for the… Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[13],"tags":[882,881,880,879,1759],"class_list":["post-1670","post","type-post","status-publish","format-standard","hentry","category-resumes","tag-annual-degree-earning","tag-degree-earnings","tag-degrees","tag-education","tag-resumes"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-qW","jetpack-related-posts":[{"id":772,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/03\/the-sales-diploma\/","url_meta":{"origin":1670,"position":0},"title":"The Sales Diploma","author":"Derrick Moe","date":"March 23, 2007","format":false,"excerpt":"From Selling Power's Daddy, I Want to Be in Sales When I Grow Up: Imagine a world in which sales was regarded on a professional level with engineering and medicine; a world in which your five-year-old said, \u20ac\u0153Daddy, I want to be a salesman when I grow up.\u20ac\u009d Sound like\u2026","rel":"","context":"In "Trends"","block_context":{"text":"Trends","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/trends\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1210,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/09\/a-good-way-to-handle-degrees\/","url_meta":{"origin":1670,"position":1},"title":"A Good Way To Handle Degrees","author":"Derrick Moe","date":"September 28, 2007","format":false,"excerpt":"Reading through sales ads this morning, I came across this line: Bachelor\u20ac\u2122s degree preferred but not necessary with qualified experience. I think that is a good way to frame the requirement.\u00a0 I would not want to prohibit a strong sales candidate from applying because of a degree requirement.","rel":"","context":"In "Employment Ads"","block_context":{"text":"Employment Ads","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/employment-ads\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1048,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/07\/happy-independence-day\/","url_meta":{"origin":1670,"position":2},"title":"Happy Independence Day!","author":"Derrick Moe","date":"July 4, 2007","format":false,"excerpt":"From the JustSell.com guys: In July 1776, 2.5 million people lived in the newly independent United States, according to the U.S. Census Bureau. 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Here is the logic behind the number: Assuming employees, for example, spend 10 minutes a day talking about the game, making bets, surfing the Internet or shopping for a new television, their bosses\u2026","rel":"","context":"In "Trends"","block_context":{"text":"Trends","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/trends\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1156,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/08\/benefits-are-a-benefit-2\/","url_meta":{"origin":1670,"position":5},"title":"Benefits Are A Benefit","author":"Derrick Moe","date":"August 29, 2007","format":false,"excerpt":"I think many Gen X'ers like myself grew up in the era of $10 copays and the assumption that health benefits were required of employers. Now that I am older and dealing with grey hairs, I have learned the truth about that topic. One thing we try to stress with\u2026","rel":"","context":"In "Compensation"","block_context":{"text":"Compensation","link":"http:\/\/selectmetrix.com\/blogs\/category\/compensation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1670","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=1670"}],"version-history":[{"count":0,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1670\/revisions"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=1670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=1670"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=1670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}