Higher Degree = Higher Income


Sunday, March 27, 2011

You've always heard it. People who go to college earn more money. But is that true? It turns out that it is. The basic premise, those with degrees will make more money over their lifetime than those without a higher education or advanced degree.

Compare a high school graduate to a college graduate. A high school graduate will earn an average of about $1.2 million over their lifetime. A college graduate can expect an average of about $2.1 million. A graduate with a masters degree can expect to earn about $2.5 million and if you want even more money or proof, a person earning their PhD will earn on average $3.4 million. These figures are based on a Census Bureau report titled THE BIG PAYOFF.

Let's look a little deeper at these numbers. A high school drop out will make about $18,900 a year but a high school graduate will make about $25,900. However a college graduate can expect to make, again, on average, about $45,000 while doctors, dentists, lawyers and other with professional degrees can expect about $99,300. So the gap between a high school drop out and a professional degree earner is approximately $80,000 every single year! What a difference!

What if your formal education stopped at high school graduation? Don't worry. There's still time. Getting that degree is not easy but it has become easier. We aren't talking diploma mills. It will require studying, doing homework and proving that you have mastered the material by passing tests. Think you don't have time for college? There are new ways to go to school. Online college degree programs are designed specifically for working adults. You can take classes and earn your diploma or degree from anywhere you have access to a computer and the internet. You can study during the hours that fit your schedule and earn your degree at your own pace.

Could this plan work for you? First and foremost what are your goals and plans? You need to answer that first. Then once you know where you want to go you need to find an online college that will help you get there. Make sure you talk to friends and family and see if anyone you know has gone to school online. A recommendation from a successful graduate is a good place to start. Double check that the school you're considering is an accredited institution and that you'll be able to transfer the units you earn should you decide to.

You laid out a formidable goal for yourself and selected an online school to help your reach that goal. What about tuition and books? You may already have discovered the answer while you were researching potential schools. There should be a Financial Aid department at your chosen school. They can help you put together a plan to finance your degree. Don't allow the word AID to get in your way. It's not about handouts. There are financial aid advisors who are well versed in how to pay for higher education through loans, scholarships, grants and cash payments. Make sure you ask lots of questions and feel comfortable with your Financial Aid advisor because they are as important to your success and an Academic Advisor.

Obtaining a higher income is possible through obtaining a higher degree, but first you must do your homework about what you want, the degree you wish to obtain, how much it will cost and what you can expect in Financial Aid. Once you have that mastered you will be on your way to completing the homework need to obtain your degree. Study your options and study hard!

If you're ready to pursue your education, start with an accredited online education. You're sure to find the online university that's right for you.





You've always heard it. People who go to college earn more money. But is that true? It turns out that it is. The basic premise, those with degrees will make more money over their lifetime than those without a higher education or advanced degree.

Compare a high school graduate to a college graduate. A high school graduate will earn an average of about $1.2 million over their lifetime. A college graduate can expect an average of about $2.1 million. A graduate with a masters degree can expect to earn about $2.5 million and if you want even more money or proof, a person earning their PhD will earn on average $3.4 million. These figures are based on a Census Bureau report titled THE BIG PAYOFF.

Let's look a little deeper at these numbers. A high school drop out will make about $18,900 a year but a high school graduate will make about $25,900. However a college graduate can expect to make, again, on average, about $45,000 while doctors, dentists, lawyers and other with professional degrees can expect about $99,300. So the gap between a high school drop out and a professional degree earner is approximately $80,000 every single year! What a difference!

What if your formal education stopped at high school graduation? Don't worry. There's still time. Getting that degree is not easy but it has become easier. We aren't talking diploma mills. It will require studying, doing homework and proving that you have mastered the material by passing tests. Think you don't have time for college? There are new ways to go to school. Online college degree programs are designed specifically for working adults. You can take classes and earn your diploma or degree from anywhere you have access to a computer and the internet. You can study during the hours that fit your schedule and earn your degree at your own pace.

Could this plan work for you? First and foremost what are your goals and plans? You need to answer that first. Then once you know where you want to go you need to find an online college that will help you get there. Make sure you talk to friends and family and see if anyone you know has gone to school online. A recommendation from a successful graduate is a good place to start. Double check that the school you're considering is an accredited institution and that you'll be able to transfer the units you earn should you decide to.

You laid out a formidable goal for yourself and selected an online school to help your reach that goal. What about tuition and books? You may already have discovered the answer while you were researching potential schools. There should be a Financial Aid department at your chosen school. They can help you put together a plan to finance your degree. Don't allow the word AID to get in your way. It's not about handouts. There are financial aid advisors who are well versed in how to pay for higher education through loans, scholarships, grants and cash payments. Make sure you ask lots of questions and feel comfortable with your Financial Aid advisor because they are as important to your success and an Academic Advisor.

Obtaining a higher income is possible through obtaining a higher degree, but first you must do your homework about what you want, the degree you wish to obtain, how much it will cost and what you can expect in Financial Aid. Once you have that mastered you will be on your way to completing the homework need to obtain your degree. Study your options and study hard!

If you're ready to pursue your education, start with an accredited online education. You're sure to find the online university that's right for you.

You've always heard it. People who go to college earn more money. But is that true? It turns out that it is. The basic premise, those with degrees will make more money over their lifetime than those without a higher education or advanced degree.

Compare a high school graduate to a college graduate. A high school graduate will earn an average of about $1.2 million over their lifetime. A college graduate can expect an average of about $2.1 million. A graduate with a masters degree can expect to earn about $2.5 million and if you want even more money or proof, a person earning their PhD will earn on average $3.4 million. These figures are based on a Census Bureau report titled THE BIG PAYOFF.

Let's look a little deeper at these numbers. A high school drop out will make about $18,900 a year but a high school graduate will make about $25,900. However a college graduate can expect to make, again, on average, about $45,000 while doctors, dentists, lawyers and other with professional degrees can expect about $99,300. So the gap between a high school drop out and a professional degree earner is approximately $80,000 every single year! What a difference!

What if your formal education stopped at high school graduation? Don't worry. There's still time. Getting that degree is not easy but it has become easier. We aren't talking diploma mills. It will require studying, doing homework and proving that you have mastered the material by passing tests. Think you don't have time for college? There are new ways to go to school. Online college degree programs are designed specifically for working adults. You can take classes and earn your diploma or degree from anywhere you have access to a computer and the internet. You can study during the hours that fit your schedule and earn your degree at your own pace.

Could this plan work for you? First and foremost what are your goals and plans? You need to answer that first. Then once you know where you want to go you need to find an online college that will help you get there. Make sure you talk to friends and family and see if anyone you know has gone to school online. A recommendation from a successful graduate is a good place to start. Double check that the school you're considering is an accredited institution and that you'll be able to transfer the units you earn should you decide to.

You laid out a formidable goal for yourself and selected an online school to help your reach that goal. What about tuition and books? You may already have discovered the answer while you were researching potential schools. There should be a Financial Aid department at your chosen school. They can help you put together a plan to finance your degree. Don't allow the word AID to get in your way. It's not about handouts. There are financial aid advisors who are well versed in how to pay for higher education through loans, scholarships, grants and cash payments. Make sure you ask lots of questions and feel comfortable with your Financial Aid advisor because they are as important to your success and an Academic Advisor.

Obtaining a higher income is possible through obtaining a higher degree, but first you must do your homework about what you want, the degree you wish to obtain, how much it will cost and what you can expect in Financial Aid. Once you have that mastered you will be on your way to completing the homework need to obtain your degree. Study your options and study hard!

If you're ready to pursue your education, start with an accredited online education. You're sure to find the online university that's right for you.