Phoenix Business Journal by Dennis Domrzalski
Earning a bachelor’s degree can have a big impact on how much people earn over the course of a career, but so can the field of study, according to a report Wednesday by the U.S. Census Bureau.
People with a professional degree earn an average of $4.2 million over their working lives, compared to $936,000 for those with less than a high school diploma, the report said.
The kind of degree one earns matters as well, according to the report, which was based on 2011 statistics.
Median yearly earnings for those with engineering degrees were the highest, at $91,611, while those for people with degrees in the visual and performing arts were the lowest, at $50,484.
An eduction degree netted a median annual income of $50,902, while a degree in communications netted $55,859.
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