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The Symbiosis Between Education and Income

THE SYM BIOSIS OF EDUCATION INCOME HONORS and A GREAT EDUCATION IS MORE THAN JUST AN ENRICHING EXPERIENCE; IT'S A GATEWAY TO HIGHER COMPENSATION, AND MORE REWARD ING OCCUPATIONS. BUT ATTAINING THAT EDUCATION IS NOT WITHOUT COST, AND BALANCING THE PROS VERSUS THE CONS IS ESSENTIAL TO MAKING THE RIGHT CHOICE FOR YOUR FUTURE. HIGH SCHOOL DIPLOMA HOW MUCH DOES IT COST? HOW LONG WILL IT TAKE TO PAY? Free through a public school O yrs AVERAGE ANNUAL INCOME? $33,904 $1.371 HOW MUCH WILL YOU MAKE IN A LIFETIME? million WHAT JOBS CAN YOU EXPECT? O Electrician H Fitness Trainer WHAT OES IT TAKE Nursing Aid, Orderly, or Attendant Carpenter Completion of standard course load from a public or private high school E Accounting Clerk Cook Automotive Service O Truck Driver Technician Customer Service Representative BACHELOR'S DEGREE HOW LONG WILL IT TAKE TO PAY? HOW MUCH DOES IT COST? $25,588 (Public) 10-25 yrs $85,296 (Private) depending on the payment plan (Cost per year) AVERAGE ANNUAL INCOME? $55,432 $2.422 HOW MUCH WILL YOU MAKE IN A LIFETIME? million WHAT JOBS CAN YOU EXPECT? WHAT DOES IT TAKE? Biomedical Engineer Physician's Assistant Completion of general education classes Public Relations O Software Developer Representative Specialized coursework for the major selected Financial Manager MASTER'S DEGREE HOW LONG WILL IT TAKE TO PAY? 10-25 yrs HOW MUCH DOES IT COST? $40,000-$60,000 (2 year program, cost per year) depending on the payment plan AVERAGE ANNUAL INCOME? $67,600 $2.953 HOW MUCH WILL YOU MAKE IN A LIFETIME? million WHAT JOBS CAN YOU EXPECT? WHAT DOES IT TAKE? Therapist Software Engineer Specialized coursework TD Audiologist O Financial Analyst Master's thesis Veterinarian Practicum or internship (in specialized cases) DOCTORATE HOW LONG WILL IT TAKE TO PAY? THESIS 10-25 yrs HOW MUCH DOES IT COST? $10,000-$30,000 depending on the payment plan (3+ years, cost per year) AVERAGE ANNUAL INCOME? $84,448 |$3.689 million HOW MUCH WILL YOU MAKE IN A LIFETIME? WHAT JOBS CAN YOU EXPECT? WHAT DOES IT TAKE? O Physicist C Medical Scientist Specialized coursework + Doctor 66 Professor Intensive, comprehensive exam O Computer Engineer Dissertation or thesis CONTINUING EDUCATION CAN BE A FINANCIAL BURDEN, BUT THE REWARD IS IMMENSE. AN ENRICHING CAREER, GREATER COMPENSATION, AND THE FEELING OF ACCO MPLISHMENT ARE THE FRUITS OF A LIFE OF DEDICATION TO ACADEMIA AND PURSUIT OF KNOWLEDGE. V VERITAS PREP SOURCES http://www.census.gov/prod/2012pubs/acsbr11-04.pdf http://www.bls.gov/emp/ep_chart_001.htm http://www.census.gov/prod/2012pubs/acsbr11-10.pdf http://www.mbaprograms.org/mbafinance/thecostofanmba.asp http://money.cnn.com/101/college-101/student-loan-payment.moneymag http://www.onlinephdprograms.org/faq/how-much-do-phd-programs-cost http://press.collegeboard.org/releases/2012/new-college-board-trends-reports-public-college-tuition-increases-slow http://www.careerbuilder.com/Article/CB-1252-Who-is-Hiring-20-Jobs-You-Can-Get-With-a-High-School-Diploma http://www.campusexplorer.com/college-advice-tips/E66537B4/Costs-Of-A-Bachelor-s-Degree-Program http://www.campusexplorer.com/college-advice-tips/3371717B/What-Jobs-Can-l-Get-With-a-Bachelors-Degree co1zpabs/acs

The Symbiosis Between Education and Income

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It’s no secret that earning a college degree or a graduate degree can lead to a higher-paying job. But do you realize just how big the difference can be? We’ve broken it down to show you what kind...

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Veritas Prep

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Education
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