Fact #476: Four-year college grads make roughly $20,000 more than their high school trained counterparts. People with two year degrees make only about $7,000 more a year than high school grads. The bottom line: A four-year degree is becoming America’s most reliable elevator of class and key to a middle-class standard of living. (Source: Business Week, October 31, 2005)
Fact #477: It takes a staggering 83% of a poor family’s annual income to fund the annual costs at private four-year college – up from 60% a decade ago. (Source: Business Week, October 31, 2005)
Fact #478: Individuals with less than a ninth-grade education earn an estimated $976,350 over their lifetime. A high school dropout earns $1,150,968. A high school graduate earns $1,455,253. And a person with a bachelor’s degree earns $2,567,174. (Source: Federal Reserve Bank of Dallas).
More Perfect Labor Storm facts.
$20,000 over what? A lifetime? At best it is a difference between $5.15/hr. * 2000 hrs = $10,300/yr. and an average of $30,300 — or something like that.
From what I hear most automobile assembly manufacturers require college degrees. If Boomers and Millenials (such as the stick-out-your-tongues Jenna and Barbara who should be drafted first along with the pundits which dodged the last war in violation of the Constitution which states that the Constitution and all treaties are the highest law in the land) paid attention in class, wouldn’t a 5th grade education be sufficient?
Hopefully there aren’t any misspellings in this Generation X losers comment you can nit-pick about.