From the News You Can Use Archives 03/20/07

College Degree Doubles Income!
By Ian Crawford, Web Communications Editor

The value of a college education has been reinforced by recently released U.S. Census Bureau figures; those with a bachelor's degree earn almost twice as much as those with a high school diploma. The statistics also highlight the lingering disparities among racial and ethnic groups and provide a geographical snapshot of educational attainment. The figures come from an annual survey carried out by the Census Bureau.

Median Income by Educational Attainment of the Population 18 Years and Over

High School
Not a graduate	$13,085
Graduate, including GED	$21,079
College
Some college, no degree	$23,153
Associate degree	$30,937
Bachelor's degree	$40,166
Master's degree	$51,509
Doctoral degree	$70,165
Professional degree	$76,497

The survey also included the following highlights:

• In 2006, 86 percent of all adults 25 and older reported they had completed at least high school. More than one-quarter (28 percent) of adults 25 and older had attained at least a bachelor's degree.
• High school graduation rates for women 25 and older continued to exceed those of men, 86 percent and 85 percent, respectively. However, a larger proportion of men held a bachelor's degree or higher (29 percent compared with 27 percent of women).
• Non-Hispanic whites had the highest proportion of adults with a high school diploma or higher (91 percent), followed by Asians (87 percent), blacks (81 percent) and Hispanics (59 percent).
• Minnesota and Alaska had the highest proportion of people 25 and older with a high school diploma or higher (around 93 percent).
• The District of Columbia had the highest proportion of people 25 and older with a bachelor's degree or higher (49 percent).

Educational Attainment in the United States: 2006 — U.S. Census Bureau, Current Population Survey, Annual Social and Economic Supplement

Story posted March 20, 2007.

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