Education Pays - U.S. Census Bureau Reports
about 46 percent of people 25 and over had at least a bachelor's
degree, higher than any state, in 2002. Massachusetts, Maryland
Colorado led all states at about 38 percent.
Among races, Asians had
the highest proportion of college graduates at 50 percent. About 30
percent of non-Hispanic Whites and 17 percent of Blacks had at least a
In 2002, average earnings by highest level of education were
for those with advanced degrees
for bachelor's degree-holders
for high school graduates
More Education Statistics from the U.S. Census Bureau
Long-Term Rewards for Staying in School
$4.4 million is the estimated lifetime earnings for professional (i.e., medical, law, dentistry and veterinary medicine) degree-holders.
This compares with $3.4 million for those with PhDs, $2.5 million for master's degree-holders, $2.1 million for those with bachelor's degrees, $1.2 million for high school graduates and $1.0 million for high school dropouts.
Blacks Are Finishing High School
The percentage of non-Hispanic Whites (89 percent) and Blacks (80 percent) who had a high school diploma or higher marked new highs. The proportion of Blacks rose by 10 percentage points from 1993 to 2003, while non-Hispanic Whites saw an increase of 5 percentage points in this category
Government Spending on Education
The District of Columbia led the nation with the highest per-pupil expenditure on elementary and secondary education in 2002. The top fives states, including the District, were:
College Costs Are Rising
- District of Columbia, at $13,187
- New York, at $11,546
- New Jersey, $11,436
- Connecticut, $10,001
- Massachusetts, $9,856
- $29,119 is the average cost of tuition, room and board at the nation's four-year private colleges and universities for one complete academic year; that is up 93 percent from 1990.
- $9,953 is the average cost of tuition, room and board (for in-state students) at the nation's four-year public colleges and universities for an entire academic year; that is up 87 percent from 1990.
- $54,300 was the average annual salary of public elementary and secondary school teachers in California in 2002, the highest of any state in the nation.
- Teachers in South Dakota received the lowest pay at $31,300.
- The national average was $44,700.