INVESTING IN HUMAN CAPITAL

Unemployment Rate

Education

Median Income

1.6

Doctoral Degree

$1,421

1.1

Professional Degree

$1,370

2.1

Master’s Degree

$1,129

2.6

Bachelor’s Degree

$937

3.3

Associate Degree

$699

4.2

Some College, No Degree

$653

4.7

High School Grad

$583

7.6

Some High-School, no diploma

$409

Table is based on 2005 statistics

You may not receive a check for attending school but the numbers indicate that education does pay. A person with no high school diploma has a ___________ percent change of being unemployed. A person with a Bachelor’s degree has a _______________ percent change of being unemployed. From the beginning of your senior year in high school, getting your high school diploma will pay you an average of ______________ per week for the rest of your life vs.quitting now. If you worked for 47 years (retiring at 65) your total additional income will be _______________. Earning a bachelors degree will cause your income to increase by an average of _________________ per week over a high school graduate. The general trend of increasing your education is ________ income and a ____________ chance of unemployment.