State:
Free Special Resources
Get Your FREE Special Report. Download Any One Of These FREE Special Resources, Instantly!
Featured Special Report
Claim Your Free Cost Per Hire Calculator
This handy calculator lets you plug in your expenses for recruiting, benefits, salaries, and more.

Graphs automatically generate to show you your annual cost per hire and a breakdown of where you are spending the most money.

Download Now!
October 26, 2006
How Much Does Education Pay?

Advanced-degree holders made an average of $78,093 in 2004, about $26,500 more than workers with a bachelor's degree did, according to a report by the Census Bureau.

For a Limited Time receive a FREE Compensation Market Analysis Report! Find out how much you should be paying to attract and retain the best applicants and employees, with customized information for your industry, location, and job. Get Your Report Now!

Individuals with a professional degree made an average of $114,621 in earnings in 2004. Those with a doctoral degree made an average of $93,004. Workers with a master's degree made an average of $66,942.

Workers with a bachelor's degree earned an average of $51,554. Adults with a high school diploma earned an average of $28,645 in 2004, about $9,500 more than those without a diploma, according to the report.

More than one-quarter (28 percent) of adults age 25 years and older had attained at least a bachelor's degree in 2005, according to the report. The District of Columbia had the highest proportion of people 25 years and older with a bachelor's degree or higher (47 percent), followed closely by Connecticut, Massachusetts, Maryland, and New Jersey .

In 2005, West Virginia had the lowest proportion of people 25 years and older with a bachelor's degree or higher (15 percent).

Featured Free Resource:
Cost Per Hire Calculator
   
   
 
 
Twitter  Facebook  Linked In
Follow Us
CT-WEB01
Copyright © 2016 Business & Legal Resources. All rights reserved. 800-727-5257
This document was published on http://Compensation.BLR.com
Document URL: http://compensation.blr.com/Compensation-news/Compensation/Compensation-Administration/How-Much-Does-Education-Pay/