ERIC Number: ED419081
Record Type: RIE
Publication Date: 1998
Reference Count: N/A
The Dollars of Education--Part 1. The $ense of Education--Part 2. ICPAC Information Series.
Indiana Career and Postsecondary Advancement Center, Bloomington.
The differences in earnings among high school drop-outs, those with some college/training, and a college graduate with a Bachelor's degree is widening every year. In 1990, high school dropouts earned only 46 cents for every dollar a high school graduate earned. With some college or additional training after high school, U.S. workers earned an additional $2,436 per year, or about 20 percent more than high school graduates. Those with a four-year college degree earned almost twice as much as high school graduates. When the cost of living was compared to these earnings, only those with some postsecondary education had money for more than necessities for the year. In addition to the dollar value of education, there are other less tangible but no less important reasons for getting an education. An education will help one make better decisions, learn how to learn, appreciate and understand more things, cope better with change, attempt more things, use abilities and talents, and provide more job security. (KC)
Descriptors: College Graduates, Dropouts, Education Work Relationship, Educational Benefits, Educational Economics, Educational Status Comparison, Employment Potential, High School Graduates, High Schools, Income, Postsecondary Education
Indiana Career and Postsecondary Advancement Center, 2805 East 10th Street, Bloomington, IN 47408; toll-free phone: 800-992-2076; web address (updated annually): http://icpac.indiana.edu
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: Indiana Career and Postsecondary Advancement Center, Bloomington.