Want to become a millionaire? Graduate from college!
In sheer monetary terms, a college graduate with a bachelor’s degree can expect to earn twice as much as non-college grads. This translates into about $1.6 million more in lifetime earnings than those with a high school diploma.
And the advantages of a bachelor’s degree are not limited to financial gain. College graduates have significantly lower rates of unemployment and poverty than high school graduates, are healthier, and more public spirited.
Despite the current economic recession, the future looks bright for college graduates. Economic forecasts predict that 72% of future jobs will require a bachelor’s degree or higher.