ERIC Number: ED430322
Record Type: RIE
Publication Date: 1999-Jun
Annual Earnings of Young Adults, by Educational Attainment. Indicator of the Month.
National Center for Education Statistics (ED), Washington, DC.
This document provides wage and salary information (in the form of ratios) for young adults, ages 25-34. It is keyed to educational attainment and covers the years 1970 to 1996. The data show that in 1996, the median annual earnings of young adults who had not completed high school were substantially lower than that of their counterparts who had completed high school (31 and 36 percent lower for males and females, respectively). Young adults who had completed a bachelor's degree earned substantially more than those who had earned no more than a high-school diploma or GED. Findings show that between 1980 and 1996, the earning advantage of obtaining a bachelor's degree or other higher degree increased for males, rising from 19 to 54 percent. Furthermore, during that same period the earnings advantage of 25- to 34-year-olds with some college or a bachelor's degree or higher (relative to their counterparts who had completed high school) was generally greater for females than for males. The data are visually represented in two graphs. Both graphs show the median annual earnings of wage and salary workers whose highest education level were grades 9-11, some college, or a bachelor's degree or higher. (RJM)
Publication Type: Legal/Legislative/Regulatory Materials
Education Level: N/A
Authoring Institution: National Center for Education Statistics (ED), Washington, DC.
Note: Extracted from "The Condition of Education, 1998." For previous earnings-indicators, see ED 381 685 and ED 367 875.