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.