Why Go to College Accessible Graphic | Federal Student Aid

Why go to college?

Can’t I get a good job now?

Why Go to College Accessible Graphic

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 2014

Unemployment rate in 2014

Less than a high school diploma

$30,108

9.0%

High school graduate, no college

$43,056

6.0%

Some college, no degree

$48,984

6.0%

Occupational program (career school)

$48,152

4.3%

Associate degree (academic program)

$52,364

4.6%

Bachelor’s degree

$74,308

3.5%

Master’s degree

$88,036

2.8%

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

$105,456

2.1%

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

$124,904

1.9%

Source: Bureau of Labor Statistics, Current Population Survey, unpublished tables 2015