average earnings in a lifetime in the us
The report titled The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings (.pdf) reveals that over an adult's working life, high school graduates can expect, on average, to earn $1.2 million; those with a bachelor's degree, $2.1 million; and people with a master's degree, $2.5 million. Over a work life, earnings for a worker with a bachelor's degree compared with one who had just a high school diploma increase by about $1 million for non-Hispanic Whites and about $700,000 for African Americans; Asians and Pacific Islanders; and Hispanics.