One education-statistic that says it all

[Lafayette]

From here: National Center for Education Statistics

Annual Earnings by Educational Attainment	2018	2019
Median annual earnings for 25- to 34-year-olds
Total	$45,700	$46,700
Who completed less than high school	$28,400	$29,300
Who completed high school as highest level	$35,500	$35,000
Who completed some college, but did not attain a degree	$37,000	$39,700
Who attained an associate's degree	$40,700	$40,000
Who attained a bachelor's or higher degree	$59,000	$59,700
Who attained a bachelor's degree	$55,700	$55,700
Who attained a master's or higher degree	$66,200	$70,000

 

[nvflash]

Wow, I can get my masters and still make the money I make with my GED. Where do I sign up?

No really, all snark aside, working for the man sucks, you just exist to turn a profit for him. Find your niche' and work toward the goal of not making someone else rich off the profits of you labors.

 

[Port & Starboard]

From here: National Center for Education Statistics

Annual Earnings by Educational Attainment	2018	2019
Median annual earnings for 25- to 34-year-olds
Total	$45,700	$46,700
Who completed less than high school	$28,400	$29,300
Who completed high school as highest level	$35,500	$35,000
Who completed some college, but did not attain a degree	$37,000	$39,700
Who attained an associate's degree	$40,700	$40,000
Who attained a bachelor's or higher degree	$59,000	$59,700
Who attained a bachelor's degree	$55,700	$55,700
Who attained a master's or higher degree	$66,200	$70,000

So, a plumber with a GED makes more than a guy with a masters degree?

 

[nvflash]

So, a plumber with a GED makes more than a guy with a masters degree?

Yep, but I'm sure those are averages. A lot of people with masters work in civil service of some form, likely take a lot less pay than they may make in the private sector, and I'd bet that skews the averages.

Lies, damned lies, and statistics.

No telling what a plumber with a masters could make.

 

[Lafayette]

working for the man sucks, you just exist to turn a profit for him. Find your niche' and work toward the goal of not making someone else rich off the profits of you labors.

Now, just what does the above mean? Because "working for the man" means absolutely nothing/nada/rien/niente/nichts.

Except that EVERYBODY should be working on their own. Doing what, pray tell, "on their own"?

That justa aint-gonna work for everyone. It only functions when one (of a couple) has a "steady-job with constant-remuneration" and the other one is doing his/her "thing" ...

PS: And one can only imagine how often THAT arrangement provokes a divorce!

 

[Port & Starboard]

Now, just what does the above mean? Because "working for the man" means absolutely nothing/nada/rien/niente/nichts.

Except that EVERYBODY should be working on their own. Doing what, pray tell, "on their own"?

That justa aint-gonna work for everyone. It only works when one (of a couple) has a "steady-job with constant-remuneration" and the other one is doing his/her "thing" ...

PS: And one can only imagine how often THAT arrangement provokes a divorce!

What jobs have you had over your lifetime?

 

[nvflash]

Now, just what does the above mean? Because "working for the man" means absolutely nothing/nada/rien/niente/nichts.

Except that EVERYBODY should be working on their own. Doing what, pray tell, "on their own"?

That justa aint-gonna work for everyone. It only functions when one (of a couple) has a "steady-job with constant-remuneration" and the other one is doing his/her "thing" ...

PS: And one can only imagine how often THAT arrangement provokes a divorce!

Plenty of successful people know exactly what I mean.

I could work for a trucking company owned by someone else, then my driving would have to pay not only for my expenses and profits, but the overhead of the ownership and their profits.

I bought my truck, I ran went it was beneficial to me, brokers still made some money off me, but I didn't have to deal with working when I didn't want too, or all the other ins and outs of working for someone else.

I did that until my kids where grown, and I no long had their expense, I saved my money and invested it, now I just buy, fix, and flip houses and live off my investments and profits. I buy when I want to, I sell when I want to, and I fix when I want to. I could make more money, if I wanted to work harder, but money isn't everything, I'm out to enjoy the time I have left, and I have a nice nest egg to pass along to my off spring, or give them some money when they need it.

I'm not rich, but I'm not spending my labors making someone else rich either.

 

[Allan]

So, a plumber with a GED makes more than a guy with a masters degree?

Community college courses like plumbing should have been included in this. I'm not sure why only degree courses were included but by doing so they skipped over a sizable population with healthy income generating potential.

 

[Port & Starboard]

Community college courses like plumbing should have been included in this. I'm not sure why only degree courses were included but by doing so they skipped over a sizable population with healthy income generating potential.

How does a 11th grade high school drop out working as a day laborer eventually build one of the the largest fence companies in within a 50 mile radius within 12 years. I helped this person by arranging a financed used pickup from one of my contractor buddies and tossing him some of my old tools.

It was all him after that.

This OP never peaks outside of his own world of academia.

 

[NatMorton]

From here: National Center for Education Statistics

Annual Earnings by Educational Attainment	2018	2019
Median annual earnings for 25- to 34-year-olds
Total	$45,700	$46,700
Who completed less than high school	$28,400	$29,300
Who completed high school as highest level	$35,500	$35,000
Who completed some college, but did not attain a degree	$37,000	$39,700
Who attained an associate's degree	$40,700	$40,000
Who attained a bachelor's or higher degree	$59,000	$59,700
Who attained a bachelor's degree	$55,700	$55,700
Who attained a master's or higher degree	$66,200	$70,000

Education is certainly a contributor to earning potential, but that's the operative word, potential. For most (not all) jobs, it really doesn't matter where you went to school or what degree you may have. What matters is the economic value of the labor and skills you have to offer. That's why people will pay more for the services of a good plumber than for someone holding a gender studies doctorate.

 

[calamity]

From here: National Center for Education Statistics

Annual Earnings by Educational Attainment	2018	2019
Median annual earnings for 25- to 34-year-olds
Total	$45,700	$46,700
Who completed less than high school	$28,400	$29,300
Who completed high school as highest level	$35,500	$35,000
Who completed some college, but did not attain a degree	$37,000	$39,700
Who attained an associate's degree	$40,700	$40,000
Who attained a bachelor's or higher degree	$59,000	$59,700
Who attained a bachelor's degree	$55,700	$55,700
Who attained a master's or higher degree	$66,200	$70,000

Yep, getting my Masters jumped me up $20K on day one, and that was over 30 years ago. In many fields today, the Masters is the difference between working as a Barista and landing a gig as a Lab Supervisor.

 

[Lafayette]

Yep, getting my Masters jumped me up $20K on day one, and that was over 30 years ago. In many fields today, the Masters is the difference between working as a Barista and landing a gig as a Lab Supervisor.

Liked your visual! Of the present and next PotUS!

It's time. It's time. It's way past time for a lady to be PotUS.

Especially when a country can not-elect a sick-in-the-head like Trump but he becomes PotUS anyway. Nobody-but-nobody outside the US understands why it keeps that Electoral College, when it has become so much easier to simply count the Popular Vote.

We are no longer in 1803 and haven't been for more than two-centuries! And yet, nothing in politics really changes. Especially the HofR where half the members are millionaires.

Stop the world, I want them to get off .... !

 

[Lafayette]

I'm not rich, but I'm not spending my labors making someone else rich either.

Most of labor in the US is not individual as yours is.

From Forbes here: Survey - Nearly 30% Of Americans Are Self-Employed

New research shows that 44 million workers—or 28.2%—were self-employed at some point during a given week in 2019.May 30, 2020

In fact, I am surprised the percentage is that low - and I suspect it will get higher.

Much of Basic Manufacturing has very much fled to lower-cost countries from the US. So the chances are good that the percentage of those working on their own will even increase. That depends, I suggest, upon post-secondary education and where those graduates work once the have graduated.

Some obviously, like lawyers and doctors, will be independent - but not all the US workforce. The new jobs that the economy will produce will require an even higher level of educated personnel.

And I see no consolidated effort in the US to push those who do not have a degree into getting at least a basic qualification in such industries as construction or others where manpower cannot be replaced by an automated machine ...

 

[Lafayette]

THE MAJORITY IN BOTH CHAMBERS OF CONGRESS ARE MILLIONAIRES

Plenty of successful people know exactly what I mean.

Frankly, I don't give a damn about "plenty-of-successful-people"! It is the success of Our Democracy that is key, not that of our personal fortunes!

Thusly I care most about those at the bottom and I do so because far too many Yanks are just like YOU. With attitudes like, "This world is all about me, me, me! Because I am in it!" Which means they forget they are not the "only-ones"! Or the fact that our-lives depend very heavily upon those around us - meaning we are all inter-dependent for the quality of lifestyles that we lead.

If push ever comes to shove what will happen is historic. The Communist Revolution came from the bottom to overthrow the upper-class who owned all the property in Russia. Those people high-tailed it out of Russia, many to Paris.

Which is where I met them when I was sent to work in Europe from the US. Theirs is/was a sad story of the Communist Revolution and not one of them I ever met said "it should not have happened". They were the sons/daughters of those who had rushed out of Russia during the revolution taking as much of their wealth physically with them when they left. But, leaving behind them property and businesses that were worth even more than what they took with them!

Was what happened in Russia all wrong? No, because the question is about "egality" and not "equality of incomes". Egality means political and social equality. It's source is the French égalité = equality. And it pertains to the individual's place in society to underscore the fact that there no longer exists a hierarchy of "royalty" which once upon-a-time predominated throughout the world.

The United States changed all that, however. For what, however? That is the key-question!

And we cannot make clear that distinctive-difference between the two words, egality-and-equality. Nor shall we for a long as upper-income taxation is so very low which spurs individuals to maximize their incomes. From which evolves easily into a sense of "personal superiority" in terms of vested-interests. (Which conditions political outlook!)

From the very beginning the Fathers of our nation, most all wealthy individuals, strove to obtain and preserve the personal-freedom of all individuals that constituted a nation. They saw correctly that there was no longer any good reason to have a royalty running-a-nation.

And, frankly, if we have both an HofR and Senate where over half the "representatives" are financial-millionaires then they can be predominately concerned for THEIR best interests (and that of their families) - that is only natural.

But what is a basic necessity of any Truly Free Nation is the fact that individual financial-interests should have no bearing whatsoever in running/managing of a nation politically!

Which means that such interests should not dominate either our political outlook or the fact that we are supposedly "all born equal" - which are the foremost elements to any True Democracy ...

PS: Majority of lawmakers in 116th Congress are millionaires

 

[nvflash]

Frankly, I don't give a damn about "plenty-of-successful-people"! It is the success of Our Democracy that is key, not that of our personal fortunes!

I don't give a damn about what you think of what I say, so that pretty much makes us even.

I know what is broken in this country, but that is a topic for another thread.

It's the simple truths that are hardest to get people to grasp, fix the inequity in the money system, and break the cycle of poverty that comes from the lack of education, and our democracy will be just fine.

 

[Lafayette]

HISTORICAL LIST OF PRESIDENTS BY "NET WORTH"

Excerpt:

The figures [in the list linked above] .... are all derived from 24/7 Wall St.'s 2016 valuation of each president's peak net worth. For purposes of 24/7 Wall St.'s valuation, a president's peak net worth may occur after that president has left office.[13] To allow for a direct comparison, all of the figures have been adjusted for inflation to 2016 U.S. dollars.

 

[Port & Starboard]

Most of labor in the US is not individual as yours is.

From Forbes here: Survey - Nearly 30% Of Americans Are Self-Employed


In fact, I am surprised the percentage is that low - and I suspect it will get higher.

Much of Basic Manufacturing has very much fled to lower-cost countries from the US. So the chances are good that the percentage of those working on their own will even increase. That depends, I suggest, upon post-secondary education and where those graduates work once the have graduated.

Some obviously, like lawyers and doctors, will be independent - but not all the US workforce. The new jobs that the economy will produce will require an even higher level of educated personnel.

And I see no consolidated effort in the US to push those who do not have a degree into getting at least a basic qualification in such industries as construction or others where manpower cannot be replaced by an automated machine ...

You could learn a lot from Mike Rowe's website.

mikeroweWORKS Foundation

America is profoundly disconnected. We’re working to change that.

www.mikeroweworks.org

 

[nvflash]

HISTORICAL LIST OF PRESIDENTS BY "NET WORTH"

Excerpt:

Not sure what this has to do with the topic at hand?

However, no one knows what Trump is worth, estimates are all over the map, but I assure you the Andrew Jackson was broke and penniless when he left office.

Jackson survived on money from wealthy friends until he died. So I don't think that list has anything to do with truth or reality.

 

[Lafayette]

It's the simple truths that are hardest to get people to grasp, fix the inequity in the money system, and break the cycle of poverty that comes from the lack of education, and our democracy will be just fine.

OK, so what do you propose? Huffing-'n-puffing in a blog? What "inequity in the money-system"?

Here's the consequence of the money-system that exists today, as shown by The Average Net Worth Of Americans—By Age, Education And Ethnicity

What more can be said about the Money System that does not start with "Individual Income" and its long-term consequence as shown in Individual Net Worth?

Which is what the above site is trying to show those willing to open and read the article.

Here is the report that I found most interesting - the link between Net Worth and Educational Status:

Average Net Worth by Education​

The Federal Reserve reports the following average and median net worth amounts by education level as of 2019.

Education Level	Average	Median
No high school diploma	$137,580	$20,780
High school diploma	$304,590	$73,890
Some college	$374,010	$89,280
College degree	$1,516,910	$308,800

PS: In any real exchange in this forum there comes the moment when "beliefs/opinions" need more than pedantic blah-blah-blah exchanges. They need the factual evidence ... !

 

[Port & Starboard]

OK, so what do you propose? Huffing-'n-puffing in a blog? What "inequity in the money-system"?

Here's the consequence of the money-system that exists today, as shown by The Average Net Worth Of Americans—By Age, Education And Ethnicity

What more can be said about the Money System that does not start with "Individual Income" and its long-term consequence as shown in Individual Net Worth?

Which is what the above site is trying to show those willing to open and read the article.

Here is the report that I found most interesting - the link between Net Worth and Educational Status:


PS: In any real exchange in this forum there comes the moment when "beliefs/opinions" need more than pedantic blah-blah-blah. They need the factual evidence ... !

A degree might get you the interview, but it will not necessarily land you a job.

Many more college students today never had part time jobs like their predecessors had in the past.

Why Aren't Graduates Ready For Work? They're The Least Working Generation In U.S. History

We shouldn't be surprised that today's high school and college graduates aren't well prepared for work. They are the least working generation in U.S. history.

www.forbes.com

As recent studies by Pew Research have pointed out, today’s young adults (between the ages of 15-21) are much less likely to have had a paid summer job or to have been employed in the last year compared to every previous generation for which data exists. In 1948 and 1978, 57% and 58% of 16-19 year-olds had a paid summer job. By 2017, only 35% reported having a summer job. The percentage of 15-17 year-olds who reported working in any fashion in the prior year has dropped from 48% in 1968 to a mere 19% in 2018. And the percentage of 18-21 year-olds reporting working in the prior year has dropped from 80% in 1968 to 58% in 2018.

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Temukan Timnas4D Situs Judi Slot Online Gacor Yang Memiliki Jaminan Pasti Bayar Kemenangan Member Dan Juga Banyak Bonusnya

www.earlystagecareers.com

 

[nvflash]

OK, so what do you propose? Huffing-'n-puffing in a blog? What "inequity in the money-system"?

Like I said, topic for another thread, but if you want to know the truth, follow the money.

As to education, we pay everyone along the way, but the students. People hate me when I say this, but I don't care, we'll never break the cycle of poverty or the ignorance born from the lack of a proper education until we have an education system that rewards passing grades with money.

Do rich kids, middle class kids, or poor kids with good parents really need it?

No, but if you do for one, you have to do for all. The point of paying kids for passing grades is to reach the kids that would otherwise drop out due to poverty. Each high school drop out in the US costs the tax payer $292,000 through the course of their lives.

The True Cost of High School Dropouts - Graduation Alliance

President John Adams once said “Facts are stubborn things.” And when it comes to the stats surrounding high school dropouts and the financial and social ramifications they have on our country, the facts are most certainly stubborn. Several studies provide staggering statistics to describe the...

www.graduationalliance.com

So, we are already spending the money, much more money, in fact, than we would likely need to spend to get these kids a proper education and prepare them to be a benefit to our society rather than a $300k blackhole we throw money into.

 

[Cynical]

From here: National Center for Education Statistics

Annual Earnings by Educational Attainment	2018	2019
Median annual earnings for 25- to 34-year-olds
Total	$45,700	$46,700
Who completed less than high school	$28,400	$29,300
Who completed high school as highest level	$35,500	$35,000
Who completed some college, but did not attain a degree	$37,000	$39,700
Who attained an associate's degree	$40,700	$40,000
Who attained a bachelor's or higher degree	$59,000	$59,700
Who attained a bachelor's degree	$55,700	$55,700
Who attained a master's or higher degree	$66,200	$70,000

So if a person gets their PhD and goes to be the Fry Guy at McDonald's they will make $70,000?

 

[mrjurrs]

How does a 11th grade high school drop out working as a day laborer eventually build one of the the largest fence companies in within a 50 mile radius within 12 years. I helped this person by arranging a financed used pickup from one of my contractor buddies and tossing him some of my old tools.

It was all him after that.

This OP never peaks outside of his own world of academia.

There are outliers in every stat, do you think all advanced degree people are successful? It wasn't all him unless he worked alone, was raised alone and had no education..

 

[AGENT J]

From here: National Center for Education Statistics

Annual Earnings by Educational Attainment	2018	2019
Median annual earnings for 25- to 34-year-olds
Total	$45,700	$46,700
Who completed less than high school	$28,400	$29,300
Who completed high school as highest level	$35,500	$35,000
Who completed some college, but did not attain a degree	$37,000	$39,700
Who attained an associate's degree	$40,700	$40,000
Who attained a bachelor's or higher degree	$59,000	$59,700
Who attained a bachelor's degree	$55,700	$55,700
Who attained a master's or higher degree	$66,200	$70,000

interesting but stats never say it all, stats are only a measurement of what that measure. thats it . . anything else is speculation or need more/other facts to support it

anyway i find this chart interesting only because according to it even with my degree i have made well over my median almost my whole adult life

 

[Lafayette]

So if a person gets their PhD and goes to be the Fry Guy at McDonald's they will make $70,000?

Any more blah-blah-blah? Keep it to yourself!

You go on Ignore ...