What Is The Value Of A College Education?

It may surprise you that, on average, an individual with a bachelor's degree earns approximately $54,392 per year, compared to the $31,044 average yearly salary of a worker with a high school diploma.

Source: U.S. Bureau of Labor Statistics, January 2007, Usual Weekly Earnings of Wage and Salary Workers - People 25 Years Old and Over.

     
  Earnings and Assumptions

Input

  Current age
  Retirement age
  Anticipated annual income: (no degree)
  Annual salary increases: (no degree)
  Anticipated annual income: (secondary education)
  Annual salary increases: (secondary education)
     
 

Any rate of return entered into the calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

The information provided here is to assist you in planning for your future. The accuracy of this calculator and its applicability to your circumstances is not guaranteed. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary. Therefore, the information should be relied upon when coordinated with individual advice from qualified professionals.