The Census Bureau has reported fast growth in
Ph.D.'s and Master's Degree holders. Hey, if there aren't any jobs, stay in
school, right? From 2002 to 2012 the population with a doctorate grew by about
1 million, or 45%, while those who held a master's climbed by 5 million, or
43%. Meanwhile, and I think this is the really good news, the number of those
without a high school or GED diploma declined by 13%, falling to 25 million.
Women outnumbered men in 2012 among people whose highest level of education was
a bachelor's degree (21 million versus 19 million) or a master's degree (9
million compared with 7.4 million). More men had professional or doctorate
degrees, however, the gap between the number of men and women with professional
degrees shrank. Education pays, as people 25 and older' s average earnings were
$59,415 for people with a bachelor's degree, compared with $32,493 for people
with a high school diploma, but no college.
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