Is a Bachelor's Degree Really Worth $66K at Age 25?

[KingNothing]

"Education pays" on BLS website.

The Bureau of Labor Statistics has this page on their website: http://www.bls.gov/emp/ep_chart_001.htm.
http://www.bls.gov/emp/ep_chart_001.JPG
Source: Bureau of Labor Statistics, Current Population Survey, 2010.


This just seems very odd to me. This says the median for a 25-year-old with a Bachelor's degree is/was over $66K per year. I realize this is two years old, but it seems just as odd for 2010.

Any thoughts on what might skew the data?

 

[Pengwuino]

Why does that seem odd? Also, where are you getting the $66k figure?

 

[Jack21222]

First, it does NOT say that it is for 25 year olds. It says it is for people 25 and older.

Second, 1038 x 52 is about 54k, not 66k.

 

[KingNothing]

where are you getting the $66k figure?

Second, 1038 x 52 is about 54k, not 66k.

Whoops, sorry, I accidentally used the figure from the Master's degree row.

 

[John Creighto]

Any figures for average loan payments, tax payments and lost value of social benefits? I'm sure education does pay but perhaps less so then the above graph suggests.

 

[phyzguy]

I didn't understand what you found odd. Do you agree now that it is $54K instead of $66K? Did you find the $66K figure too high or too low?

 

[Pyrrhus]

I believe we have had these discussions before?. Try searching the forums.