education Pays for College Graduates

Student Loans Bureau Jamaica - education Pays for College Graduates

Paying for college can be a precious proposition, so some students may examine either their education is admittedly worth the cost of tuition in the long run. It isn't surprising for students to wonder about the issue as they go about signing up for a student loan, searching for scholarships or applying for campus jobs to raise the money they need.

Student Loans Bureau Jamaica

The easy talk to the examine is that education admittedly does pay. The U.S. Bureau of Labor Statistics (Bls) has documented that more extremely educated citizens tend to have higher earnings and lower unemployment rates than those who have less schooling.

In 2009, the average earnings for a man with less than a high school education was 4 a week, according to Bls reports. The weekly average earnings increased as educational level increased. For example, people with high school diplomas had a average earnings of 6. Those with bachelor degrees made ,025 weekly and those with doctorates made ,532.

The unemployment rate for Americans with less than a high school diploma was 14.6 percent in 2009. For high school graduates, the unemployment rate was only 9.7 percent. College graduates with a bachelor's degree had an average 5.2 percent unemployment rate, and those with doctorate degrees had a 2.5 percent rate.

Over the last 25 years, the salaries of people with a higher education have been rising more rapidly than those who do not have a college degree, according to the U.S. Census Bureau. In addition, those with college or expert degrees also could expect to earn more money over their lifetime than those without these degrees, the U.S. Census Bureau reports.

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