|Women – That College Degree Pays Big |
It’s official: College degrees are quite valuable for women. According to the US Census Bureau, a woman’s income rises as much as 183% if she earns a college degree, compared to only a 70% rise in income for men earning the same framed parchment.
This is good news for women, who are still underpaid compared to men. On average, women still only earn about 78 cents for every dollar earned by a man.
But, according to Newsweek, in 30.7% of married households with a working wife in 2001, the wife's earnings exceeded the husband's.
But getting back to the Census Bureau data, I've seen it ring true: One female friend (and recent college graduate) told me “I didn't want to spend the rest of my life doing nothing more than odd part-time jobs.” After setting her goals, she now holds a college degree and she recently took a position with starting pay equal to that of her husband income – and her husband has been working in the same job for over fifteen years.
If you’re female without a degree, why not look into one?