Wage Data
The road to riches is paved by education--or so the data suggest.
As this chart from Bureau of Labor Statistics shows, median
US annual income in 2003 increased with educational attainment.
There was a substantial earnings differential from the highest
to the lowest levels of attainment: the median earnings of workers
who had a professional degree were more than 4 times
those of high school dropouts.
Education
Attained |
2003
Annual Median Earnings |
| Some high school, no diploma |
$21,600 |
| HS diploma/GED |
$30,800 |
| Some college, no degree |
$35,700 |
| AA/AS degree |
$37,600 |
| BA/BS degree |
$49,900 |
| MA/MS degree |
$59,500 |
| Doctorate |
$79,400 |
| Professional degree |
$95,700 |
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