Answering the question, someone with a bachelor’s degree earns 1.6 times more than someone with a high school diploma
The figures analyzed by the US Department of Education’s National Center for Education every two years show that someone with a bachelor’s degree earn more than a person that possess a high school diploma.
The NCES analysis in 2015, shows that adults with bachelor’s degree $48,000 in a year while those with high school diploma earns $23,900 yearly.
This analysis also shows that in the last 20 years the salary of someone with a bachelor’s degree has significantly increased while the salary of those with a high school diploma has also reduced significantly.
A bachelor’s degree is an undergraduate degree that is offered by four-year schools such as public, private, online colleges or universities.
Anyone that has a bachelor’s degree clearly shows they have fully and dully completed a general education in a certain major. To earn a bachelor’s degree, you must have fully completed 120 or 128 credit hours
On the other hand, a person will be awarded a high school diploma after graduation from high school. The certificate is mainly awarded by school and it is based on government rules or requirements. The high school diploma is an academic school leaving certificate.
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On average, someone with a bachelor’s degree is estimated to earn 1.6 times more than someone with a high school diploma.
Further Explanation:
Bachelor’s degree:
It is an undergraduate certification where the institute offers knowledge and training about the programs. The duration of undergraduate programs is of four years. The enrolled students get job opportunities after completion go the programs.
High school diploma:
The high school diploma specifies the standard from 9 to 12. The academic knowledge is provided to students by the educational institutes. However, the job opportunities are lower after completing the high school education. The amount of professional education is less in comparison to bachelor’s degree.
The students have ample opportunities after completing the graduation degree or bachelor program. Thus, as per US information department, the bachelor degree holder earns 1.6 times more than holder of high school diploma.
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Answer details:
Grade: Middle School
Subject: Social studies
Chapter: Earning ratio
Keywords:
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