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Education Pays in Higher Earnings and Lower Unemployment Rates

Median Weekly Earnings and Unemployment Rate in 2009

The unemployment rate for college graduates stands at 4.7% — less than half of the figure for a high school diploma.

Level of Education Weekly Earnings Unemployment Rate
Doctoral Degree $1,532 2.5%
Professional Degree $1,529 2.3%
Master's Degree $1,257 3.9%
Bachelor's Degree $1,025 6.8%
Associate Degree $761 6.8%
High School Graduate $626 9.7%

Source: Bureau of Labor Statistics, Current Population Survey.

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