Earnings by Education Level
June 3, 2011
Recent college graduates are entering a vastly different economy than when they entered; however, they are in far better shape than young adults ages 23-24 who did not attend college. Eighty-eight percent of college graduates were employed in 2010, while those with only a high school diploma had a much lower rate of employment, at 64 percent. In addition to enjoying a higher employment rate, college graduates are making more money. The average weekly earnings of young adults with a college degree was almost double the earnings of those with only a high school diploma, at $581 versus $305.