Sunday, May 31, 2020

Men and Women Lifetime Earnings

When it comes to men and women's lifetime earnings, the Social Security Administration, State the following, "there are substantial differences in lifetime earnings by educational attainment' and gender. 

"Men with bachelor's degrees earn approximately $900,000 more in median lifetime earnings than high school graduates. Women with bachelor's degrees earn $630,000 more. Men with graduate degrees earn $1.5 million more in median lifetime earnings than high school graduates. Women with graduate degrees earn $1.1 million more." What can we as women and parents make of this? In America, higher education is costly and once you go through the process, the impact of getting paid less because you are a women is in effect.

Race and ethnicity is another benefactor that intersects with women's earnings from white men's earnings. 

This young men who have graduated are 61%-77% more likely to earn more than I will even after also receiving a degree. 


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