Education has established a culture within United States’ society. Society has always emphasized the importance of education on every level, especially higher education. United States was built on survival of the fittest. In order to survive in this society steady and consistent income is vital. Today people believe education is unnecessary. People believe higher education is nothing but a setback. National Student loan debt is rising and has seemed to make higher education unattractive. People look for work immediately after completing secondary education. Others believe without higher education it would be impossible to succeed and make great money. Many view education as the step stone to meeting success. Often people connect education to the quality of job. Ideally better education leads to better jobs and better jobs led to more money. As a person’s education level increases, the salaries earned for those higher education levels increases as well.
High school dropouts that did not earn high school diploma tend to make the least amount of money within American society. U.S. Bureau of Labor Statistics conducted data for persons age 25 and over. U.S. Bureau of Labor Statistics only used earnings for full-time wage and salary workers. In 2014 High school dropouts earn a median weekly wage of $488 (U.S. Bureau of Labor Statistics, 2014). The National center for educational statistics conducted research on median annual earnings of full-time year-round workers ages 25-34, by educational attainment. Those with no high school diploma earn an annual median wage of $23,900 (National center for educational statistics, 2013).People with no high school education have few choices when it comes to jobs they are eligib...
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...d median weekly wage of $1,639 (U.S. Bureau of Labor Statistics, 2014).People with Professional Degree also earn an annual median wage of more than $59,600 (National center for educational statistics, 2013).College graduates that obtained a professional Degree seem to almost never go unemployed. In 2014 Unemployment rate for people who hold professional degree is the lowest at 1.9 % (U.S. Bureau of Labor Statistics, 2014). Occupations associated with requirements of doctoral degree would be general internists, lawyers, and pharmacists. General Internists earn an annual mean wage of $190,530 including a mean hourly wage of $91.60 (U.S. Bureau of Labor Statistics, 2014). Pharmacists earn an annual mean wage of $118,470 with a median hourly wage of $58.15. College graduates with an professional degree make great income and are more than financially stable.
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