Link between education and pay
Half of the workers who comprise the Massachusetts workforce hold at least a bachelor's degree, and the wage gap between workers with degrees and those without continues to widen, as sighted in a report from the Mass Budget and Policy Center.
In 1979, the median hourly wage (mhw) of a worker with a bachelor's degree was 49 percent higher than the mhw of a worker who did not attend college. As of 2016, that number had increased to 99 percent higher with the mhw of a worker with a high school degree at $15.12 and the mhw for a worker with a bachelor's degree or higher at $30.11.
The report stated, "Expanding access to higher education can benefit both individual students and the overall state economy."
At Beverly Bootstraps, we have always taught our clients that education is the key to success. After we help our Adult Education students get their high school equivalency certificates, we stress the value of continuing education and are happy to see so many enroll in community and 4-year colleges after they leave us.
* Salem News, Thurs, Aug 24, 2017, Link between education
and pay growing stronger in Mass., report finds
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