Thursday, September 07, 2006

Be Cool. Stay in School. (And study economics)

Table P-32. Educational Attainment-Full-Time, Year-Round Workers 18
Years Old and Over by Mean Earnings, Age and Sex: 1991 to 2004

Its URL Address is
http://www.census.gov/hhes/www/income/histinc/p32.html


For High School Graduates
2004 Male Earnings Female Earnings
Total $39,117 $28,537
18 to 24 years 25,919 19,212
25 to 34 years 33,108 27,687
35 to 44 years 42,391 28,473
45 to 54 years 44,123 30,311
55 to 64 years 43,966 30,651
65 years and over 40,326 33,699


For Bachelors Degree Holders
2004 Male Earnings Female Earnings
Total $71,267 $48,289
18 to 24 years 33,893 30,316
25 to 34 years 55,539 41,924
35 to 44 years 78,422 54,502
45 to 54 years 80,301 53,186
55 to 64 years 79,623 47,264
65 years and over 62,156 52,855



Next, below is the data on average starting salaries nationwide in
Summer 2006 Spring 2006 College graduates by major. Data is from the
NACE Salary survey

Discipline (bachelor's degree level) Current Average
Accounting $45,656
Business Administration/ Management $42,048
Chemical Engineering $56,335
Civil Engineering $46,023
Computer Engineering $53,651
Computer Science $51,305
Economics/ Finance $45,112
English $30,906
Electrical/ Electronics Engineering $53,552
History $32,697
Marketing/ Marketing Management $37,851
Mechanical Engineering $51,732
MIS/ Business Data Processing $48,593
Sociology $30,944
Psychology $30,218

(Thanks to Dr. David Yerger for the compilation of information for this posting.)

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