Generally, the more you know, the more you make. Not always, of course. Teachers have good educations but don't make that much. Of course, being off in the summer is nice. Ditto journalists' salaries, but we don't get the time off.
Education is one of the reasons the number of blacks in the middle class is increasing.
In 1960, only four of 10 blacks finished high school. By 1997, that was up to 87 percent. The lack of education among immigrant Hispanics of Mexican descent is the main reason why they have had a tough time climbing into the middle class. And the greater proportion of whites with education is the main reason for their rise in income. The other main indicator of financial status in this country is a stable family life with two income earners.