Resource
The College Payoff: Education, Occupations, Lifetime Earnings

Date Published
2011

Full Author Citation
Carnevale, A.P., Rose, S.J., & Cheah, B.

Download
275 Carnevale 2011.pdf (.pdf 11.16 MB)

Source
The Georgetown University Center on Education and the Workforce

Description

Earning a bachelor’s, master’s, or doctoral degree generally leads to greater lifetime earnings, but this isn’t true for everyone. This report examines the financial worth of a college degree by analyzing lifetime earnings for eight levels of educational attainment and the earnings variations within levels. The authors discuss how occupation, age, race/ethnicity, and gender affect earnings, thus creating variations even among those with the same degree. Overall, their analysis finds that, generally, individuals with a college education do earn significantly more in their lifetime than individuals without a college degree.


Phase
Completion

Topic
Career Technical Education & Career Pathways

Resource Type
Report

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