Education remains one of the best predictors of future economic success in the US. In 2019, the median weekly earnings among workers was $1,256 for those with a bachelor’s degree, compared to $746 for those with just a high school diploma and $592 for high school dropouts.
Americans with a college degree weather economic downturns more easily than those without. In June, unemployment among high school graduates without a college degree jumped to 12%, compared to 3.6% the previous year. Among those with a bachelor’s degree and higher though, unemployment increased to 7% (compared to 2.5% last year).
