Education pays 2015
The Bureau of Labor Statistics each year publishes a chart that details the unemployment rate and median weekly earnings by education attainment for those 25 and older. The data for 2105 are below.
Slightly different data from a year and two ago. But same story. Each time I look at the new data the question that comes to mind is “how can the data be misinterpreted?”. Seems like the conclusion is crystal clear: the more education attainment the more you work and the more you earn.
And yet we continue with a public conversation that increasingly questions the value of getting a four year degree or more. The reality is–as this data depict–that a four year degree–including with a liberal arts major––or more is the most reliable path to a middle class or better career. End of story!
