One good source for the perennial question of the "value of an education" is the
Almanac of American Education. Table A-27. Mean Earnings of Workers 18 Years Old and Over, by Educational Attainment, Race, Hispanic Origin, and Sex, 1975-2008. In 2008, for example, the average earnings were $42,588, ranging from:
- $21,023 for "Not a high school graduate"
- $31,283 for "High school graduate"
- $58,613 for "Bachelor's degree"
- $83,144 for "Advanced degree"
Wow, I guess I'm underpaid.
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