Education
Further information: Educational attainment in the United StatesEducational attainment plays a major factor in determining an individual's economic disposition. Personal income varied greatly according to an individual's education, as did household income. Incomes for those employed, full-time, year-round and over the age of twenty-five ranged from $20,826 ($17,422 if including those who worked part-time) for those with less than a ninth grade education to $100,000 for those with professional degrees ($82,473 if including those who work part-time).
This median income for individuals with doctorates was $79,401 ($70,853 if including those who work part-time). These statistics reveal that the majority of those employed full-time with professional or doctoral degrees are among the overall top 10% (15% if including those who work part-time) of income earners. Of those with a master's degree, nearly 50% were among the top quarter of income earners (top third if including those who work part-time).
Read more about this topic: Affluence In The United States
Famous quotes containing the word education:
“A good education is another name for happiness.”
—Ann Plato (1820–?)
“The most general deficiency in our sort of culture and education is gradually dawning on me: no one learns, no one strives towards, no one teaches—enduring loneliness.”
—Friedrich Nietzsche (1844–1900)
“To me education is a leading out of what is already there in the pupil’s soul. To Miss Mackay it is a putting in of something that is not there, and that is not what I call education, I call it intrusion.”
—Muriel Spark (b. 1918)