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Education & Earning Power
 Want
to know the best way
to earn a lot of money?
Stay
in school!
As
this below chart shows, the more you learn ... the more
you earn. If you get a 2-year Associate Degree, you can
expect to make double what a 9th grade dropout will make.
Get your 4-year Bachelor Degree, and you will make nearly
three times more. And that is not just for one year, but
for the rest of your life. Over a 30-year long career, the
difference between what you will earn with a bachelors degree
or dropping out in 9th grade can be more than $1 million.
| Education
Level |
Average
Income Male
|
Average
Income Female
|
| Less
than 9th grade |
$20,789
|
$15,978
|
| Some
high school but no diploma |
$25,095
|
$17,919
|
| High
school diploma (includes GED) |
$34,303
|
$24,970
|
| Some
college no degree |
$40,337
|
$28,697
|
| Associate
degree (2-year) |
$41,952
|
$31,071
|
| Bachelor
degree |
$56,334
|
$40,415
|
| Master's
degree |
$68,322
|
$50,139
|
| Professional |
$99,411
|
$58,957
|
| Doctorate
degree |
$80,250
|
$57,081
|
|
National
Center for Education Statistics, Outcomes of Education
Report. Statistics are based on 2000 income data.
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What
to jobs in Virginia pay and what type
of education or training to you need
to get those jobs? Click
here to learn more.
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