It might cost more money than “early to bed, early to rise,” but the College Board’s third edition of “Education Pays” claims that even one year of higher education will put you on the path to health, wealth and a better quality of life. “Education Pays,” a 56-page document, paints a rosy picture of this country’s increasing college numbers and their salutary affect on individuals, families and society.
There are lots of statistics to back the findings of the two College Board policy analysts and Skidmore professor Sandy Baum, who co-wrote the study. For evidence related to their findings that a college degree boosts the average salary of its graduates to $55,700 compared to $33,800 for those with high school degrees, the authors cite the Census Bureau and Internal Revenue Service, both irrefutable sources. An associate’s degree — conferred by community colleges after two years — boosts the average salary to $42,000. Even one year of college increases a high school graduate’s salary nearly $6,000.
Full Story: Erica Jacobs: Higher education is the way to be healthy, wealthy, and wise | The Washington Examiner