The Importance of a Quality Education

Ever wonder how important your level of education will make in your earning power?  According to the National Center for Education Statistics, in 2012 the median income for a young adult depends greatly on their level of education.  Here are the facts:

• Less than high school - $22,900
• High School diploma - $30,000 (31% more than no high school diploma)
• Bachelor's degree - $46,900 (56% more than just a diploma)
• Master's degree or higher - $59,600 (27% more than a bachelor's)

*Between 1995 and 2012, this  pattern of higher earnings associated with higher levels of educational attainment also held across sex and racial/ethnic subgroups (White, Black, Hispanic, and Asian). Source: http://nces.ed.gov/fastfacts/display.asp?id=77
You don't need to have a Master's degree in order to have a comfortable life.  Student's have options on furthering their education that may fit their interests and learning styles, including community colleges and trade schools.  However, the goal of having a high school diploma, combined with some form of post secondary education, will greatly enhance your earning power.