High school graduates earn $1MILLION less over a lifetime than college grads

[superbeets]

[h=1]High school graduates earn $1MILLION less over a lifetime than college grads (and picking the wrong major could cost $3.4m)[/h]

• Not graduating from college could mean $1 million in missed lifetime earnings
• The discovery comes from a Georgetown University Center on Education and the Workforce report
• 137 majors were examined by researchers, based off of information from the US Census
• The college major with the highest median earnings is petroleum engineering, with $136,000
• Meanwhile, the major with the lowest median earnings is early childhood education, with $39,000
• Researchers found graduate degrees often come with a 'wage premium' worth thousands for certain majors, like $32,000 for physical sciences

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Americans who don't graduate from college could be missing out on $1million.
A recently-published study The Economic Value of College Majors confirmed what researchers have long believed.
The study, published by Georgetown University Center on Education and the Workforce, said 'The difference between the lifetime wages of college and high school graduates is $1 million; the difference between the highest- and lowest-paying college majors is $3.4 million.'

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[superbeets]

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Choices: The report published by Georgetown University's Center on Education and the Workforce found that petroleum engineering has the highest median wages among the 137 majors researchers looked at







137 majors were examined by researchers, based off of information from the US Census.
They also showed which majors have the highest and lowest median earnings.
Researchers found the college major with the highest median earnings is petroleum engineering, with $136,000.
Rounding out the top five highest are pharmacy and pharmaceutical sciences and administration ($113,000), metallurgical engineering ($98,000), mining and mineral engineering ($97,000), and chemical engineering ($96,000).
Meanwhile, the major with the lowest median earnings is early childhood education, with $39,000.
The other four lowest are human services and community organization ($41,000), studio arts ($42,000), social work ($42,000), and teacher education: multiple levels ($42,000).


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[superbeets]

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Starting out: The report found that for entry-level bachelor's degree holders ages 21 to 24, health majors have the highest median annual wages at $41,000

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Middle of the road: For mid-career bachelor's degree holders ages 25 - 59, STEM majors have the highest median annual wages at $76,000



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[superbeets]

The report found that for entry-level bachelor's degree holders ages 21 to 24, health majors have the highest median annual wages at $41,000, followed by STEM (science, technology, engineering and mathematics) ($38,000) and Business ($37,000).
For mid-career bachelor's degree holders ages 25 - 59, STEM majors have the highest median annual wages at $76,000. Business ($67,000) and health ($65,000) also place in the top three.
Researchers also found graduate degrees often come with a 'wage premium' worth thousands for certain majors -- a few of which include physical sciences ($32,000 premium), social sciences ($27,000 premium), and business ($22,000 premium).
In a statement, lead author Anthony P. Carnevale, who is the executive director for Center on Education and the Workforce, said 'We've known for a while that all degrees are not created equal, that your major has a large effect on your ability to get a job and work your way up a career ladder.
'But a college major isn't destiny. For example, the top 25 percent of humanities and liberal arts majors earn more than the bottom 25 percent of engineering majors.'
For more information, check out the full report of 'The Economic Value of College Majors' and the website for Georgetown University Center on Education and the Workforce.

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All about the benjamins: Researchers also found graduate degrees often come with a 'wage premium' worth thousands for certain majors



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[Coldweather]

That be caz of income inequality and, not enought after school programs for the urban youth!

Take that 2 da bank!

 

[Ricboff]

let's add beets. Healthcare DOMINATES .......;

top 35 paying jobs ;

1. Anesthesiologists $232,830​ 2. Surgeons $230,540​ 3. Obstetricians and Gynecologists $216,760​ 4. Oral and Maxillofacial Surgeons $216,440​ 5. Internists, General $191,520​ 6. Orthodontists $186,320​ 7. Radiologists $184,820​ 8. Pathologists $184,820​ 9. Neurologists $184,820​ 10. Allergists and Immunologists $184,820​ 11. Urologists $184,820​ 12. Preventive Medicine Physicians $184,820​ 13. Ophthalmologists $184,820​ 14. Hospitalists $184,820​ 15. Physicians and Surgeons, All Other $184,820​ 16. Sports Medicine Physicians $184,820​ 17. Physical Medicine and Rehabilitation Physicians $184,820​ 18. Nuclear Medicine Physicians $184,820​ 19. Dermatologists $184,820​ 20. Family and General Practitioners $180,850​ 21. Psychiatrists $177,520​ 22. Chief Executives $176,840​ 23. Chief Sustainability Officers $176,840​ 24. Prosthodontists $168,120​ 25. Pediatricians, General $167,640​ 26. Dentists, All Other Specialists $164,780​ 27. Dentists, General $163,240​ 28. Nurse Anesthetists $154,390​ 29. Petroleum Engineers $147,470​ 30. Podiatrists $132,470​ 31. Lawyers $130,880​ 32. Airline Pilots, Copilots, and Flight Engineers $128,760​ 33. Air Traffic Controllers $118,430​ 34. Law Teachers, Postsecondary $115,550​ 35. Pharmacists $114,950