What is the value of a college education?

It may surprise you that, on average, an individual with a bachelor's degree earns approximately $82,576 per year, compared to the $46,228 average yearly salary of a worker with a high school diploma. Use this calculator to see the value of a college education.

Source: Bureau of Labor Statistics, 2023.
Earnings
Current age 
Anticipated annual income (no degree) ($) 
Anticipated annual income (secondary education) ($) 
Assumptions
Retirement age 
Annual salary increases (no degree) (%) 
Annual salary increases (secondary education) (%) 
The information provided here is to assist you in planning for your future. Any analysis is a result of the information you have provided. Material discussed is meant for general illustration and/or informational purposes only and it is not to be construed as tax, legal, or investment advice. Although the information has been gathered from sources believed to be reliable, please note that individual situations can vary therefore, the information should be relied upon when coordinated with individual professional advice.

Any rate of return entered into the interactive calculator to project future values should be a reasonable average return for the period. Rates of return will vary over time, and generally the higher the rate of return the higher the degree of risk.

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