Answer:
1. High school diploma
2. Certificate
3. Bachelor's degree
4. Master's degree
5. Professional degree
Explanation:
1. High school diploma: Students who complete high school earn an average of around $38,792 per year. Although a high school diploma is the lowest level of postsecondary education, it is still considered a minimum requirement for many jobs and offers greater earning potential than not having a diploma. However, higher education can lead to significantly higher income potential.
2. Certificate: Certificate programs usually take less time to complete than degree programs and offer specialized training in areas such as healthcare, information technology, or skilled trades. People with a certificate earn an average of around $45,583 per year. Many certificates can be earned at a community college or trade school, making them an affordable option for many students.
3. Bachelor's degree: A Bachelor's degree is the most common type of degree earned and generally takes four years to complete. People with a Bachelor's degree earn an average of around $75,463 per year. A Bachelor's degree can lead to increased career opportunities and higher lifetime earnings potential.
4. Master's degree: A Master's degree usually takes two years to complete beyond a Bachelor's degree. People with a Master's degree earn an average of around $93,228 per year. Advanced degrees often lead to career advancement, leadership roles, and higher earning potential.
5. Professional degree: Professional degrees are advanced degrees in fields such as medicine, law, or business. They require extensive study and often require years of internship or residency. People with professional degrees earn an average of around $127,803 per year. These degrees generally come with high levels of achievement and successful careers in their specific fields.