ONLINE-LEARNING-CLASS

Online Degrees Pay

The Value of an Online Degree

In October 2006, the U.S. Census Bureau released data underscoring the value of a college degree. The findings indicate that adults age 18 and older with a bachelor’s degree earned an average of $51,554 in 2004, while those with a high school diploma earned $28,645, according to the tabulations released by the U.S. Census Bureau. Those without a high school diploma earned an average of $19,169, while advanced-degree holders made an average of $78,093.

Other highlights from the data reveal:

• In 2005, 85 percent of all adults 25 years or older reported they had completed at least high school. More than one-quarter (28 percent) of adults age 25 years and older had attained at least a bachelor's degree.
• High school graduation rates for women (ages 25 years and older) continued to exceed those of men, 85.4 percent and 84.9 percent, respectively. On the other hand, men had a greater proportion of the population with a bachelor's degree or higher (28.9 percent compared with 26.5 percent of women).
• Non-Hispanic whites had the highest proportion of adults with a high school diploma or higher (90 percent), followed by Asians (88 percent), blacks (81 percent) and Hispanics (59 percent).
• Utah, Minnesota, Montana, New Hampshire and Alaska continued to have the highest proportions of people 25 years and older with a high school diploma or higher (around 92 percent).
• The District of Columbia had the highest proportion of people 25 years and older with a bachelor’s degree or higher (47 percent), followed closely by Connecticut, Massachusetts, Maryland and New Jersey.

Source: U.S. Census Bureau, Current Population Survey, Educational Attainment in the U.S.: 2005

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