Another Study on Economic Disparity Between College and HS Graduates

Yet another study to confirm what most of us already know. The latest study by the Pew Research Center, based on a survey 2,002 adults as well as economic data from the Bureau of Labor Statistics, finds that college educated millennials are better paid, more employed, and feel better about their career prospects than persons with only a high school diploma.

For those who question the value of college in this era of soaring student debt and high unemployment, the attitudes and experiences of today’s young adults—members of the so-called Millennial generation—provide a compelling answer. On virtually every measure of economic well-being and career attainment—from personal earnings to job satisfaction to the share employed full time—young college graduates are outperforming their peers with less education. And when today’s young adults are compared with previous generations, the disparity in economic outcomes between college graduates and those with a high school diploma or less formal schooling has never been greater in the modern era.