Free Ebook.

Enter your email address:

Delivered by FeedBurner

« No Brainer Money Saving Tips | Main | Rich People Love Bargains Too »

September 26, 2008


Feed You can follow this conversation by subscribing to the comment feed for this post.

Your earning power MIGHT be two to three times that of a high school drop out.

Then again, it MIGHT be no greater than that of a dropout.

You can cite means and medians, but let's not forget the downside risk.

Displayed visually:

Education makes a bigger difference for women than it does for men. Men have access to higher paying jobs not requiring an education, whereas women without education get low paying jobs. Not like a woman can't become a higher paid tradesperson, but usually doesn't choose to do so, especially as the demands of the job conflict with family demands.

There's lots of interesting information on the BLS website. Some technical, some for a more general audience.

Occupational earnings can be looked up here - and it gives low, medium, and high earnings, based on actual earnings of real people:

Skeptic: downside risk is real, but if I dropped out of high school, I'd be working restaurants or retail, and my earnings would be far lower than what I could have obtained with a Bachelor's or Master's degree. That's what my world looks like. I suppose some fairy could have waved a magic wand to make me an exception to the rule, but remember, luck is preparation meeting opportunity. I'd rather bet on the upside odds.

The comments to this entry are closed.

Start a Blog


  • Any information shared on Free Money Finance does not constitute financial advice. The Website is intended to provide general information only and does not attempt to give you advice that relates to your specific circumstances. You are advised to discuss your specific requirements with an independent financial adviser. Per FTC guidelines, this website may be compensated by companies mentioned through advertising, affiliate programs or otherwise. All posts are © 2005-2012, Free Money Finance.