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Video on Education And How It Affects Earnings In The U.S.

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Education And How It Affects Earnings In The U.S.
Kristin Gabriel
The most recent U.S. Census Bureau says that about 33 percent of women in the United States that are of the ages between aged 25 to 29 had a bachelor's degree or more education in 2007. This was compared with 26 percent of their male counterparts.
In a report called the Educational Attainment in the United States: 2007, among adults 25 and older, the stats said that men remained slightly more likely than women to hold a bachelor's degree at 30 percent which is compared to 28 percent. The percentage for women rose between 2006 and 2007 up from 27 percent, but for men, it remained statistically unchanged.
It would appear from research that more education continues to pay off as adults with advanced degrees typically earn four times more than those with less than a high school diploma.
The report also states that 86 percent of all adults (2007) who were 25 years and older said that they had at least completed high school; 29 percent of them had bachelor's degree. More than half of Asians 25 and older had a bachelor's degree or more (52 percent), compared with 32 percent of non-Hispanic whites, 19 percent of blacks and 13 percent of Hispanic adults.
The foreign-born population with a bachelor's degree or more was 28 percent compared with 29 percent for the population that was native. But the proportion of naturalized citizens with a college degree was about 34 percent.
Workers 18 and older with a bachelor's degree earned an average of $56,788 in 2006, while those with a high school diploma earned $31,071.
Among those whose highest level of education was a high school diploma or equivalent, non-Hispanic white workers had the highest average earnings at $32,931, followed by Asians at $29,426 and blacks who made $26,268. Average earnings of Hispanic workers in the same group was $27,508.
Asians made $88,408 among workers with advanced degrees, while non-Hispanic whites made $83,785, which is higher average earnings than Hispanics at $70,432 and $64, 834 for blacks.
Statistics also prove that as outside groups gets involved in a child's life, assisting with their schoolwork, or family issues, there is a much greater appreciation for school, education and teachers as well.
SOURCE: Data is from the 2007 Current Population Survey's Annual Social and Economic Supplement.
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