More Education, More Money
If you had any doubt about the monetary value of a good education, check out the latest figures from the U.S. Department of Commerce. According to Commerce Department, American workers can expect the following average annual salary, based on education level:
- High school dropout - $19,000
- High school graduate with no postsecondary education - $26,200
- Associate’s degree - $33,400
- Bachelor’s degree - $42,200
- Master’s degree - $52,300
- Doctoral degree - $70,700
- Professional degree - $81,500