HELP YOUR STUDENTS UNDERSTAND THE IMPORTANCE OF COLLEGE
The data show that today, more than ever, the most powerful instrument of economic mobility for low-income Americans is a four-year college degree. If a child is born into a family in the lowest economic quintile (meaning a family that earns $28,000 or less), and she doesn’t get a college degree, she has only a 14 percent chance of winding up in one of the top two quintiles, and she has a 45 percent chance of never making it out of that bottom bracket. But if she does earn a four-year degree, her prospects change completely. Suddenly, there is a 40 percent chance that she’ll make it into one of the top two quintiles — and just a 16 percent chance that she’ll remain stuck at the bottom." - from The New York Time
Average earnings per week by level of education:
Lifetime earnings: Over the course of their careers, college graduates earn on average $1,600,000 more than non-graduates. |
Average unemployment level for 25-34 year olds by level of education (2012):
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