Economic Advantage to Some Postsecondary Education.
In the prior post, we took a look at recent Georgetown University Study which found that obtaining a high school diploma adds 33 percent more to your lifetime earnings. The Georgetown study also takes a look at the advantages to having some postsecondary education.
Even if you do not earn your four-year degree, the study shows that having some postsecondary education adds nearly one quarter of a million dollars to lifetime earnings. Annual earnings rise to $38,700 in comparison to those with a high school diploma, who earn $32,600 annually. This is $18.69 per hour for those with some secondary education as compared to $15.67 per hour for those with a high school diploma.
Getting an Associate’s degree adds another bump of nearly $200,000 in lifetime earnings. At $43,000 a year, those with Associate’s degrees earn nearly one-third more than those with a high school diploma. This is $20.77 per hour.
These numbers demonstrate conclusively the advantage of some post-secondary education even without obtaining a 4-year degree. This is encouraging news and should help motivate individuals to continue their education beyond high school because even if you fall short of achieving a four-year degree, you will still increase your earning potential.
If the increased lifetime earnings of a post-secondary degree appeal to you, and you haven’t attained your high school diploma yet, then let’s get started. Franklin Virtual Schools Fast Track program can help you complete high school fast!
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