Education - Education What Is The Relationship Between...

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Education What Is The Relationship Between Education and Money? Here’s the fact, pure and simple—more education means more money and opportunity in the United States. Typically, the higher your education the higher your economic status, power, prestige, and levels of property. Socio-Economic Status (SES) is a combination of one's education, occupation, and income and has been found to be highly correlated with a better quality of life for those in society who have higher SES scores. There is more job stability (less unemployment and more pay) for those with higher educations. In Figure 1 below you can see data extracted from the US Census Bureau on this. Figure 1. Census Data Shows that More Education Means Less Unemployment and Higher Wages in 2008 *Retrieved from Bureau of Labor Statistics Internet 23 March 2009 from High school dropouts are more than 4 times more likely to be unemployed than doctoral (Ph.D., Ed.D., MD, or JD) graduates. Four-year graduates (Bachelor’s) make $387 more per week than high school grads. That’s $1,548 per month or $18,576 per year more for Bachelor’s grads. This pattern holds true among all US racial groups and among males and females. A recently published E-article articulated the many benefits of college graduation (see
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Education - Education What Is The Relationship Between...

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