Monday, August 13, 2007

Why stay in school???

When a student, or anybody else, asks why they should stay in school.....

$79,946
Average annual 2005 earnings of workers 18 and older with an advanced degree. This compares with $54,689 a year for those with bachelor’s degrees, $29,448 for those with a high school diploma only and $19,915 for those without a high school diploma.
www.census.gov/Press-Release/www/releases/archives/education/009749.html

$54,689 - $19,915 = $34,774 a year difference between a dropout and a bachelor's degree x 45yr work life(how many years to work) = $1,564,830 more money

$67,069
Average starting salary offered to bachelor’s degree candidates in petroleum engineering in 2006, among the highest of any field of study. At the other end of the spectrum were those majoring in the humanities; they were offered an average of $31,183. (Source: Upcoming Statistical Abstract of the United States: 2008)

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