Why go to college?

Why Go to College Accessible Graphic

Can’t I get a good job now? Yes, maybe you could, but a college degree will make your chances even better.  Check out the earnings and unemployment rates for people 25 years and older with different levels of education:

Level of education completed

Mean (average) earnings in 2011

Unemployment rate in 2011

Less than a high school diploma

$29,848

14.1%

High school graduate, no college

$41,288

9.4%

Some college, no degree

$46,288

8.7%

Occupational program (career school)

$49,920

6.6%

Associate degree (academic program)

$52,988

6.9%

Bachelor’s degree

$71,552

4.9%

Master’s degree

$84,448

3.6%

Doctoral degree (e.g., Ph.D.)

$102,648

2.5%

Professional degree (e.g., M.D., J.D.)

$121,212

2.4%

 

Source: Bureau of Labor Statistics, Current Population Survey, unpublished tables, 2012.