College Graduates Earn 84% More Than High School Grads, Study Says

latimes.com:

The cost of education these days would make anyone squirm, but researchers say it's worth it.
People with a bachelor's degree make 84% more over a lifetime than high school graduates. In 1999, the premium was 75%, according to a study released Friday.

Read the whole story: latimes.com

Comments

[Ayla87]

02:53 PM on 08/08/2011

Average salary for a College graduate in this country is $43K.

http://en.wikipedia.org/wiki/Household_income_in_the_United_States#Education_and_gender

The average electrician makes $53K

(46,983+60,113)/2

http://www1.salary.com/Electrician-III-Salary.html

Just saying...

[bluereality909]

04:34 AM on 08/07/2011

What college graduating students are not understanding, is there are hundreds of thousands of degreed people with years of experience out of work. They will take lower wages, now that unemployment benefits will not be extended any longer.

As an employer, I would much rather have a person with experience vs someone with no experirence.

[bluereality909]

04:29 AM on 08/07/2011

The colleges are going to start to go bankrupt soon, that is why you have seen fees escalate recently. There is low demand for jobs and there is a huge glut of degreed graduates which will be accumulating for the next five years. The student loan program is reaching $850,000,000,000 and defaults on payments from students is eminent and the Government has no money to bail it out.

Colleges are reaping huge profits from the excessive liberal student loan program, when the program goes bankrupt....the colleges will follow.

[bluereality909]

04:15 AM on 08/07/2011

http://www.youtube.com/watch?v=VpZtX32sKVE&feature=pyv&ad=6739540474&kw=obama

[vobox3343]

12:22 PM on 08/06/2011

Making more while experiencing the joy of repaying upwards of hundreds of thousands- Fair deal? Sorry, not enough CEO jobs out there. Too bad education has been turned into a profitable business.

[UDKM2010]

08:01 AM on 08/06/2011

It is not just the money you will earn. Add to it the people you meet from different places and the things you learn.

[nfischet]

11:12 AM on 08/06/2011

You meet the darndest folks when you work at the fast food place.....

[Dennis Barboza]

05:43 AM on 08/06/2011

Nice to know...maybe it was all worth it.

[toddisit]

01:58 AM on 08/06/2011

That's if you can find work which is far from guaranteed. There are many people with degrees out there who only have more debt and no better job or way to pay off the loan.

If you study who works in their fields with a degree, of course they earn more, but not everyone is guranteed a college degree job, that's the BIG catch.

[3423427]

12:41 AM on 08/06/2011

Well yeah, but many college graduates have crushing debt so in the big picture they may NOT better off than high school graduates that earn less.

[ApolloniaBliss]

11:46 PM on 08/05/2011

This was a wasted study. You think!!! Higher education you should get paid more but first you have to get a job. Most companies arent hiring people with a degree because they have to paid them more money. There use to be a time that a college degree was a ticket for a job and receiving better pay, but now u can have a degree and people with them are outside with a coin cup and signs saying they work for food!!! Again this is a wasted study!

[bluereality909]

04:19 AM on 08/07/2011

Because so many have degrees now, your nothing special anymore.

[ApolloniaBliss]

11:49 AM on 08/07/2011

I really didnt expect a reply to my comment, but this comment is just as wasted as the article and I am sorry I wasted my time reading this article and commenting on this comment. You think!!!

[SeptimusDSX]

10:41 PM on 08/05/2011

In other news, the sky is blue.

[Angel R1240]

08:57 PM on 08/05/2011

This is the main reason why I've been in college is in order to get a better job in order to make more money and to learn about other things and to meet women lol.

[Amalek]

09:19 PM on 08/05/2011

And hopefully pay more taxes so I can get my medicare and social security.

[elpaulo]

08:34 PM on 08/05/2011

cuz they can tap a keg and go in debt for decades.

[rb4028]

07:49 PM on 08/05/2011

But Collage grads are 150% more in debt than High School grads! so actually High school Grads have more money: than BROKE collage grads!!!!!

[CVchubbs]

10:14 PM on 08/05/2011

You should have finished high school.

[veritas88]

12:24 AM on 08/07/2011

collage??? really? smh.

[The Brain]

06:31 PM on 08/05/2011

Statistics like these are utterly meaningless. There maybe plenty of majors out their that may make less money then a high school grad, of course when include all those majors like engineering, medicine, law, etc. your numbers will invariably rise.

[jenna2929]

06:38 PM on 08/05/2011

good luck trying to find a job without a degree, just about any job. in case you haven't noticed, there is a job recession. hs degree's will get you nowhere unless you know someone, and that only gets you so far.
no one is talking me out of finishing my degree.

[The Brain]

06:47 PM on 08/05/2011

So going to school for four years and majoring in Comparative Literature by racking up 100K in debt only to then work at Starbucks is preferable?