Affluence in The United States - Education

Education

Further information: Educational attainment in the United States

Educational 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).

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Famous quotes containing the word education:

    “From infancy, almost, the average girl is told that marriage is her ultimate goal; therefore her training and education must be directed toward that end. Like the mute beast fattened for slaughter, she is prepared for that.”
    —Emma Goldman (1869–1940)

    “Major [William] McKinley visited me. He is on a stumping tour.... I criticized the bloody-shirt course of the canvass. It seems to me to be bad “politics,” and of no use.... It is a stale issue. An increasing number of people are interested in good relations with the South.... Two ways are open to succeed in the South: 1. A division of the white voters. 2. Education of the ignorant. Bloody-shirt utterances prevent division.”
    —Rutherford Birchard Hayes (1822–1893)

    “Whatever may be our just grievances in the southern states, it is fitting that we acknowledge that, considering their poverty and past relationship to the Negro race, they have done remarkably well for the cause of education among us. That the whole South should commit itself to the principle that the colored people have a right to be educated is an immense acquisition to the cause of popular education.”
    —Fannie Barrier Williams (1855–1944)