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Why is Education Important?

We often hear the advice to ''stay in school''. Today, that advice is more important than ever.

  • More education equals more pay and less chance of unemployment.
  • Earnings go up with every year of school completed and get an extra boost when a degree program is completed.
  • Education pays off because better educated workers learn tasks more easily and are usually more organized.
  • Remember that differences in earnings can occur within academic disciplines and that the occupation you choose will make a definite difference in your earning capacity.
Educational Attainment Annual Average
Earnings (U.S.)
Unemployment Rate
2003 (U.S.)
Not a high school graduate $20,592 8.8%
High school only $28,808 5.5%
Associate degree $34,944 4.0%
Bachelor's degree $46,800 3.3%
Master's degree $55,328 2.9%
Professional degree $67,964 1.7%
Doctorate degree $70,148 2.1%
State of Connecticut Department of Labor - Office of Research, 200 Folly Brook Boulevard, Wethersfield, CT 06109
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