The benefit of earning a college degree can significantly outweigh the cost.
Answer: About $435 hours per week MORE (or more than $25,000 per year)
Why do you think graduates earn so much more than those who start but don’t finish their degrees? Do you think the pay gap based on education level will increase or decrease in the future? What are some ways an employee can increase their income without increasing the level of education listed in this chart? Your friend says it’s not worth spending $20,000 a year to get to college if you can get a job that pays $25,000 now. Do you agree or disagree? Use data from the chart to support your answer.
Click here for ready-made slides for this Question of the Day that you can use in the classroom.
Behind the numbers (Bureau of Labor Statistics):
“These education categories reflect only the highest level of education. They do not account for the completion of training programs in the form of apprenticeships and other on-the-job training, which can also affect earnings and unemployment rates.”
Do you want to support students pursuing an alternative to 4-year university? Learn about apprenticeships, vocational schools and more in the Alt to 4 Years Mini-Unit!
Or check out another favorite in our Paying for College unit: ANALYSIS: College and Career Choices (SP)
About the author
Ryan grew up with and maintains a love of learning. He studied business at the University of Wisconsin-Green Bay and spent several years in sports marketing. After living in Texas, Colorado, Tennessee and Minnesota, the call for education eventually brought Ryan back to his home state of Wisconsin, where he was a Business Administration and Marketing teacher for three years. In his spare time, he enjoys spending time with his wife and daughter, playing basketball, reading and fishing. Now with NGPF, Ryan is excited to help teachers lead the most important course their students will ever take.
This post QoD: weekly earnings of college students vs someone with SOME college
was original published at “https://www.ngpf.org/blog/question-of-the-day/question-of-the-day-how-much-more-per-week-does-a-college-grad-earn-compared-to-someone-with-some-college/”