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Wage Data
The road to riches is paved by education--or so the data suggest. According to 2005 U.S. Census Bureau data, workers with advanced degrees earn over twice as much per year as those with just a high school diploma.
| Education Attained | 2005
Annual Average Earnings |
| Some HS, no diploma | $19,915 |
| HS diploma/GED | $29,448 |
| Some college, AA/AS degree | $37,990 |
| BA/BS degree | $54,689 |
| MA/MS Advanced degree | $67,898 |
| Doctoral degree | $92,863 |
| Professional degree | $119,009 |
As this chart from the US Department of Labor shows, people with advanced degrees also have a considerably lower chance of being unemployed. See unemployment rates by level of education:
| Education Attained | % Unemployed |
| No HS diploma | 15.6% |
| HS diploma/GED | 10.5% |
| Some college, AA/AS degree | 8% |
| BA/BS degree | 5% |
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