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Education and Individual
Income:
- 43% of college-educated individuals earned over
$50,000 in 1996, and 20% earned at least $75,000 (33% of
these individuals earned less than $35,000);
- Meanwhile, 11% of individuals with no more than a
high school education (or a GED) earned $50,000, and
merely 3% earned over $75,000 (over 70% of these
individuals earned less than $35,000);
- Completing some college work, or earning an associate
degree both increase income progressively towards levels
of college-educated individuals;
- However, the greatest payoff went to individuals that
had earned a bachelor's degree.
(Source: USCB,
Money Income in the US: 1996)
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