According to 2017 data from the Bureau of Labor Statistics, bachelor’s degree holders can earn a significantly higher salary than those with no degree. Bachelor’s-level occupations earned a median annual wage of $72,830 per year, nearly double the $37,690 median wage across all U.S. occupations.
The BLS also projects a greater employment increase among jobs typically requiring a bachelor’s degree. They report bachelor’s-level occupations are expected to grow 10% from 2016-2026—compared to the 7% projected average for all occupations.*
* Bureau of Labor Statistics (BLS), U.S. Department of Labor, Occupational Outlook Handbook 2020. BLS estimates do not represent entry-level wages and/or salaries. Multiple factors, including prior experience, age, geography market in which you want to work and degree field, will affect career outcomes and earnings. Herzing neither represents that its graduates will earn the average salaries calculated by BLS for a particular job nor guarantees that graduation from its program will result in a job, promotion, salary increase or other career growth.