[MoneyMondays]: April is Financial Literacy Month!

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The month of April is recognized in the United States as Financial Literacy Month.  On Mondays throughout  April, we will highlight different financial literacy topics and share some tips with you!
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How much more do college grads make than high school grads?
College graduates, on average, earn more money than people who do not go to college.  But just exactly, how much more do college graduates earn 5 years after graduating?
Answer:  $19,045.13           CollegeEarningPremiums.jpg


Are you surprised?  That means, over the course of working 40 years, someone with a high school diploma will make $1,116,600 while someone with a bachelor’s degree will make $2,048,204. That’s nearly a million dollars more!
The job market is only getting more competitive.  People who don’t have a degree are going to find it increasingly harder to get a job.  College presents you with challenges that you don’t find in high school, and gives you independence and opportunities that you wouldn’t get any other way.

Resources and Additional Articles of Interest:
  • May 2016 NY Times: “It’s A Tough Job Market For The Young Without College Degrees”
  • 2016 Annual Report San Francisco Federal Reserve: “Does College Pay”


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