The Higher Education Payoff for Young African Americans

New data from the U.S. Census Bureau shows how higher education pays off for young African Americans. For African Americans ages 25-34 with only a high school diploma, average earnings in 2010 were $25,000. But for African Americans that earned a two-year associate’s degree, average earnings jumped to $31,400.

For Blacks with a four-year college degree, average earnings in 2010 were $39,500. For those with a master’s degree, mean earnings were $49,100.

 

Higher education also serves to lessen the racial gap in earnings between Blacks and Whites. All African Americans ages 25-34 in 2010 had average earnings that were 79 percent of the average earnings of similarly aged Whites. But for those with a bachelor’s degree, Blacks had earnings that were 86 percent of the earnings of Whites with a bachelor’s degrees.

The earnings gap is even smaller when we examine master’s degree recipients. In 2010, young Blacks with a master’s degree had average earnings of $49,100. This is 90.6 percent of the average earnings of young Whites with a master’s degree.

 

Related:


Leave a Reply



Due to incidents of abuse and harassment that have occurred in the past, JBHE will not publish telephone numbers or email addresses of individuals in this space. If you want to contact someone in a particular article, we suggest you contact them directly not in an open forum.