To answer the question correctly, someone with a bachelor’s degree earns 1.6 times more than someone with a high school diploma.
The figures analyses every two years by the U.S Department of Education’s National Center for Education statistics reveal workers with a bachelor’s degree earn more than those with a school diploma.
Further Explanation
In 2015, NCES analysis shows that adults with bachelor’s degrees earned $48,000 yearly while those with high school diplomas took home $23,900 a year.
The analysis by the NCES also revealed that in the last 20 years, the wages of adults with bachelor’s degree have increased significantly while the take-home for those with high school diplomas also reduced significantly.
What is a bachelor’s degree?
A bachelor’s degree refers to an undergraduate degree offered by four–year school. A four-year school can include public, private, online colleges or universities. An individual that has a bachelor's degree indicates that they have fully completed a general education in a particular major. Generally, to earn a bachelor's degree, an individual must have completed 120 to 128 credit hours.
What is a high school diploma?
A high school diploma is awarded following graduation from high school and it is awarded by schools based on government requirements. The diploma is an academic school leaving certificate
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