![Page 1: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/1.jpg)
Education,Economics,& Earnings
Emily B. HesterJesse G. Downs
![Page 2: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/2.jpg)
Jesse Downs, M.S. Assistant Director, Career Services (Job Search)
E3 - Education, Economics and Earnings
Emily Hester, M.A. Coordinator, Student Financial Management Center
![Page 3: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/3.jpg)
WHAT WOULD YOUR STUDENTS DO IF YOU TOLD THEM THAT ALL THEY HAD TO DO WAS ONE THING AND THEY
WOULD EARN 1 MILLION DOLLARS?
E3 - Education, Economics and Earnings
![Page 4: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/4.jpg)
Bachelor's degree holders, the study found, can now expect
median lifetime earnings approaching $2.3 million,
while those with only a high school diploma average
approximately $1.3 million. (According to a Georgetown study).
E3 - Education, Economics and Earnings
![Page 5: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/5.jpg)
Career Options after HS Enter Workforce Technical Training Associates Degree Higher Education Graduate Degree
E3 - Education, Economics and Earnings
![Page 6: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/6.jpg)
What do we think when we see these individuals?
E3 - Education, Economics and Earnings
Mark Zuckerberg
![Page 7: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/7.jpg)
What do students think when they see these individuals?
E3 - Education, Economics and Earnings
Mark Zuckerberg
![Page 8: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/8.jpg)
Outliers
E3 - Education, Economics and Earnings
Many in the Facebook generation think they can go it alone to learn, build, and innovate.
Despite the rare outliers like Zuckerberg, Gates, and Jobs, genius remains a numbers game —one in 100 million.
College might not be for everyone, but a college degree offers the best way to develop intellectually and achieve long-term professional success.
![Page 9: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/9.jpg)
Age and Money
E3 - Education, Economics and Earnings
![Page 10: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/10.jpg)
Lifetime earnings According to a study by the Georgetown
University Center on Education and the Workforce, the value of a college degree is increasing – people with a bachelor's degree now make 84 percent more over a lifetime than those with only a high school diploma, up from 75 percent in 1999.
E3 - Education, Economics and Earnings
![Page 11: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/11.jpg)
Is college worth it?
E3 - Education, Economics and Earnings
![Page 12: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/12.jpg)
Unemployment & Education
E3 - Education, Economics and Earnings
![Page 13: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/13.jpg)
Earnings Ratio
E3 - Education, Economics and Earnings
![Page 14: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/14.jpg)
Credential Inflation? “Several years ago it
became very clear to us that master’s education was moving very rapidly to become the entry degree in many professions,” according to Dr. Stewart, president of the Council of Graduate Schools.
E3 - Education, Economics and Earnings
![Page 15: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/15.jpg)
Postsecondary FutureA separate study by the Center
at Georgetown estimated that by 2018, 63 percent of U.S. jobs will require some form of postsecondary education or training – but today, only about 41 percent of adults have a college degree in America.
E3 - Education, Economics and Earnings
![Page 16: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/16.jpg)
Earnings and Tax Payments
E3 - Education, Economics and Earnings
![Page 17: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/17.jpg)
Real Life Example
E3 - Education, Economics and Earnings
The Houston Independent School District is the first district in the nation to participate in a pilot of the Five Ways Ed Pays campaign to promote the value of education to individuals and society, with College Board. In May 2011, all middle and high schools in Houston received brochures and posters in English and Spanish promoting the campaign and 50 Houston ISD school buses will be outfitted with campaign advertisements.
![Page 18: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/18.jpg)
5 Ways Ed Pays
E3 - Education, Economics and Earnings
![Page 19: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/19.jpg)
E3 - Education, Economics and Earnings
Did you know, individuals ages 25 to 34 with a 4-year college degree are 70% more likely to engage in vigorous exercise than those with only a high school diploma?
![Page 20: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/20.jpg)
E3 - Education, Economics and Earnings
Did you know, individuals with only a high school diploma are about twice as likely to be unemployed as those with a 4-year college degree?
![Page 21: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/21.jpg)
E3 - Education, Economics and Earnings
Did you know, parents with 4-year college degrees are 68% more likely to have attended a concert or live show with their children than parents with only a high school diploma?
![Page 22: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/22.jpg)
E3 - Education, Economics and Earnings
Did you know, individuals with a 4-year college degree earn an average of $22,000 more per year than those with only a high school diploma?
![Page 23: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/23.jpg)
E3 - Education, Economics and Earnings
Did you know, individuals ages 18 to 24 with a 4-year college degree were 75% more likely to vote in the 2008 election than those with only a high school diploma
![Page 24: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/24.jpg)
Disclaimers
E3 - Education, Economics and Earnings
College may not be for everyone. Numbers are based on averages…
vary by field! Other figures say factoring in college
costs and student loan debt may only put college grads $450,000 – $800,000 ahead.
Student loan debt may not always be needed.
![Page 25: Education, Economics, & Earnings Emily B. Hester Jesse G. Downs](https://reader035.vdocuments.mx/reader035/viewer/2022062516/56649dc05503460f94ab4e87/html5/thumbnails/25.jpg)
Education,Economics,& Earnings
Contact Info:Emily – [email protected]
Jesse – [email protected]
Questions?