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. Multiple factors, including prior experience, age, geography and degree field, affect career outcomes. Herzing does not guarantee a job, promotion, salary increase or other career growth. BLS estimates do not represent entry-level wages and/or salary.