High earnings without a college degree?
August 30, 1999
Is it possible for a worker to have high earnings without a bachelor's degree? For a small proportion of workers without a degree, the answer is "Yes."
Last year, the median earnings for all college graduates were $821 a week. Of full-time workers age 25 and older without a bachelor's degree, 15 percent earned more than $821 a week in 1998. However, 62 percent of workers without a degree had weekly earnings below $572 per week, which was the median for all workers age 25 and over.
Workers with high earnings and without a degree can be found in a variety of occupations. Examples are computer programmers, electricians, firefighting occupations, real estate sales occupations, and tool and die makers. Although the majority of workers without a degree in these five occupations do not have high earnings, in 1998 there were at least 50,000 people in each of them who did not have a bachelor's degree and who earned more than the median college graduate.
These data on earnings are from the Current Population Survey. The above figures are for full-time, year-round wage and salary workers age 25 and over. Find out more about earnings and education in "High earning workers who don't have a bachelor's degree (PDF 275K)," by Matthew Mariani, Occupational Outlook Quarterly, Fall 1999.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, High earnings without a college degree? on the Internet at http://www.bls.gov/opub/ted/1999/sept/wk1/art01.htm (visited October 26, 2014).
Three recent editions of Spotlight on Statistics
Housing: before, during, and after the Great Recession
looks at consumer expenditures on household items, employment in residential construction, prices for household items, and injuries in occupations involved in building and maintaining our homes.
Women veterans in the labor force examines the demographic, employment, and unemployment characteristics of women veterans.
BLS Statistics by Occupation provides an overview of occupational employment and wages with an emphasis on STEM jobs and occupational data by typical entry-level education required.