Wednesday, October 5, 2011
More degrees = more money, census numbers show.
More degrees = more money, census numbers show. These days, the market value of an associate's degree weighsin at about $9,000 a year, according to according toprep.1. As stated or indicated by; on the authority of: according to historians.2. In keeping with: according to instructions.3. new numbers on educationalattainment Educational attainment is a term commonly used by statisticans to refer to the highest degree of education an individual has completed.[1]The US Census Bureau Glossary defines educational attainment as "the highest level of education completed in terms of the and earning power Earning powerEarnings before interest and taxes (EBIT) divided by total assets.earning power1. The earnings that an asset could produce under optimal conditions. For example, AT&T may currently be earning $2. from the Bureau of the Census Noun 1. Bureau of the Census - the bureau of the Commerce Department responsible for taking the census; provides demographic information and analyses about the population of the United StatesCensus Bureau . The average American with a community college degree earned $34,588in 2003. Meanwhile, those who only took their education as far as highschool (including those with general equivalency equivalencythe combining power of an electrolyte. See also equivalent. degrees) earned anaverage of $9,101 less, or $25,487. People who attended college butdidn't graduate earned slightly more on average, at $28,772. AnAmerican without a high-school diploma only earned $16,128 on average. The margin of error for the mean incomes of those withassociate's degrees is $315, and the above numbers only includethose employed at least part of the year. Earnings of people with two-year degrees increase for those workingfull time year round: They make an average of $44,828. Still, people earn a lot more if they continue their education.With a bachelor's degree, individuals' mean income went up to$49,050. A master's degree pushed the average up to $51,205, whilesomeone with a doctorate earned an average of $83,929. Those withprofessional degrees earned the most, with a mean income of $104,260. Almost 17 million Americans have topped off their education with anassociate's degree. The Census Bureau's latest CurrentPopulation Survey (based on 2003 data) found that about 9.1 millionAmericans had earned "occupational" associate's degreesand another 7.9 million had earned "academic" associate'sdegrees and no higher degrees (though some may be continuing or resumingtheir education). The figures only include the "civilian,non-institutionalized" population age 15 and over. Among those age 18 and up, whites earned the most: a mean of$35,883, compared with $30,450 for blacks, $30,526 for Hispanics and$28,528 for Asians. More women than men stopped their education at thecommunity-college level, at least among those 25 and older: 9 millionwomen fit into the category, while only 6.8 million men did. Among 12.l million associate's degree holders age 18 to 64,3.1 million reported working in "professional and relatedoccupations," while another 2 million worked in "office andadministrative occupations." The survey shows 1.8 million workingin the service sector, with another 1.2 million in "sales andrelated occupations." Another 755,000 worked in. "installation, maintenance andrepair" jobs and 619,000 in production. "Construction andextraction" employed 549,000, and 422,000 worked in"transportation and material moving." Only 32,000associate's degree holders reported working in "farming,forestry and fishing." The bureau didn't further define thesejob categories. The degrees go mainly to those born in America, at least when thebureau onlycounted those age 25 and over. Among the 15.8 million U.S.residents older than 24 who listed an associate of arts Associate of arts and Associate of science are two-year undergraduate degrees offered by many community colleges or junior colleges in the United States. Such degrees transfer to four-year institutions which offer full bachelor of arts and bachelor of science degrees. as their highestdegree, 14.2 million were born here and 13.1 million had both parentsborn here. Among the 1.6 million born abroad. 881,000 became naturalized nat��u��ral��ize?v. nat��u��ral��ized, nat��u��ral��iz��ing, nat��u��ral��iz��esv.tr.1. To grant full citizenship to (one of foreign birth).2. To adopt (something foreign) into general use. citizens. Most people with associate's degrees lived in the suburbs--9.4million as opposed to only 4.3 million in cities and 3.3 million outsidemetropolitan areas. Relatively few lived in the Northeast: only 3million. In comparison, 4.2 million lived in the Midwest, 5.1 million inthe South and 4.1 million in the West. (Figures may not always add up because they are rounded, and insome cases the bureau counted all people with associate's degrees,while in others they counted only those in certain age brackets, in thelabor force, etc.)
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