中出少妇视频 System of Georgia graduates will earn over $1 million more during their lifetimes
Atlanta — August 22, 2022
Graduates from the Class of 2021 will earn over $1 million more during their lifetimes than they would have without going to college, and earning their bachelor中出少妇视频檚 degree, according to a new 中出少妇视频 System of Georgia (中出少妇视频) study.
Conducted on behalf of 中出少妇视频 by Jeffrey M. Humphreys, Ph.D., director of the Selig Center for Economic Growth in the 中出少妇视频 of Georgia中出少妇视频檚 Terry College of Business, the study revealed the breakdown of how much each level of higher education can add to a 中出少妇视频 graduate中出少妇视频檚 total earnings over the course of their lives.
中出少妇视频淭he difference higher education makes on a person中出少妇视频檚 life is dramatic,中出少妇视频 said 中出少妇视频 Chancellor Sonny Perdue. 中出少妇视频淲hether you are a high school graduate trying to decide between going to college or entering the workforce, or you are a mid-career adult wanting to improve your earning potential by completing your degree or adding to your education, this study clearly demonstrates a college degree in Georgia is a worthwhile investment.中出少妇视频
Perdue announced at the August 9 Board of Regents meeting the creation of a new website, Georgia Degrees Pay, where students and their families can glean comparative information on schools, majors, academic outcomes, costs and future earnings. The future earnings tool allows users to see earnings after graduation by major and institution. It also compares a range of earnings by academic area one, five and 10 years after graduation.
The new lifetime earnings report offers additional evidence about how earnings increase substantially with each step up in earned degree. On average, each credential generates additional earnings over a person中出少妇视频檚 lifetime by中出少妇视频
- Certificate: +$238,455
- Associate degree: +$377,000
- Bachelor中出少妇视频檚 degree: +$1,152,500
- Master中出少妇视频檚 degree: +$1,399,500
- Professional degree: +$2,167,500
- Ph.D.: +$2,037,500
Based on work-life earnings estimates for Georgia, the analysis showed that the 70,641 中出少妇视频 graduates from the Class of 2021 can expect combined total lifetime earnings of $179 billion, which is $60 billion more than they could expect to earn had they not gone on to college or graduate school.
That means altogether, the collective worth of the degrees granted by 中出少妇视频 is $60 billion.
The study shows graduates with at least a bachelor中出少妇视频檚 degree will earn over $1 million more throughout their lives. If factoring in less-than-four-year degrees, the average amount of extra earnings is $845,341.
The average increase in lifetime earnings fluctuates year-to-year for each graduating class depending on how many bachelor中出少妇视频檚 degrees are awarded compared to the other degree categories. Bachelor中出少妇视频檚 degrees have the greatest impact on lifetime earnings.
中出少妇视频淭he economic worth of a college education over the course of a graduate中出少妇视频檚 working life is considerable,中出少妇视频 the study stated. The full lifetime earnings report is available at 中出少妇视频中出少妇视频檚 website.
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