You will earn more if you have more education. You will also be less likely to become unemployed.
A survey from 2006 shows that average earnings grow from $419 to $595 per week, just by earning a high school diploma. Getting a college Bachelor's degree increases average earnings to $962 per week.
More education pays off in higher earnings.
| Some High School, No Diploma | $419 | 6.8% |
| High School Graduate | $595 | 4.3% |
| Some College, No Degree | $674 | 3.9% |
| Associate Degree | $721 | 3.0% |
| Bachelor’s Degree | $962 | 2.3% |
| Master’s Degree | $1,140 | 1.7% |
| Professional Degree | $1,474 | 1.1% |
| Doctoral Degree | $1,441 | 1.4% |