The Rewards of Staying in School
$79,946
Average annual 2005 earnings of workers 18 and older with an advanced degree. This compares with $54,689 a year for those with bachelor’s degrees, $29,448 for those with a high school diploma only and $19,915 for those without a high school diploma.
$67,069
Average starting salary offered to bachelor’s degree candidates in petroleum engineering in 2006, among the highest of any field of study. At the other end of the spectrum were those majoring in the humanities; they were offered an average of $31,183. (Source: Upcoming Statistical Abstract of the United States: 2008)
Graduation
3.3 million
Projected number of high school diplomas that will be awarded in the 2007-08 school year. (Source: Upcoming Statistical Abstract of the United States: 2008)
3 million
Number of college degrees expected to be conferred in the 2007-08 school year. (Source: Upcoming Statistical Abstract of the United States: 2008)