- 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
