$$$: How much is a degree worth?

Answer: About a million bucks.


Here’s the data …

According to a JP Morgan analysis, an average bachelor degree holder makes $26,000 per year more than somebody with a high school degree.

Over a 40-year work span, that’s a nominal  (i.e. not time-valued) difference of about $1 million.

Similarly, an advanced degree adds another $1 million to nominal lifetime earnings … $31,000 times 40 years.

That’s a pretty impressive return on, say, an MBA.


* * * * *
P.S. Yes, I know that this data is a bit contradictory to our prior post “Smaller Paycheck Awaits M.B.A.s” .

Draw your own conclusion.

* * * * *
Follow on Twitter @KenHoma              >> Latest Posts

One Response to “$$$: How much is a degree worth?”

  1. Alexander S Says:

    Looking forward to seeing the next step in your analysis – the NPV of the costs and revenue streams from a Bachelors or MBA degree!

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s