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The table shows median annual earnings for women and men with various levels of education. Assuming the difference in the table remains constant over a 40-year
career, approximately how much more does a man with a bachelor's degree earn than a man with a high school education?
High
School
Associate's Bachelor's Professional
Only
degree Only degree Only Degree
Women $21,513 $39,520 $49,577 $80,335
Men $40,460 $50,792 $66,245 $119,119
A man with a bachelor's degree earns more than a man with a high school education over a 40-year career. ws

2 Answers

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A man with a bachelor's degree would earn an additional $25,785 per year, or a total of $1,031,400 over a 40-year career.

Assuming the difference in the table remains constant over a 40-year career, a man with a bachelor's degree would earn $1,031,400 more than a man with a high school education.

Level of Education Median Annual Earnings

High School Only $40,460

Associate's Degree Only $50,792

Bachelor's Degree Only $66,245

Professional Degree $119,119

Over a 40-year career, a man with a bachelor's degree would earn an average of $66,245 per year, while a man with a high school education would earn an average of $40,460 per year. This means that a man with a bachelor's degree would earn an additional $25,785 per year, or a total of $1,031,400 over a 40-year career.

User Usmanwalana
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Answer:

$1,031,400

Explanation:

A man with a high-school education earns $40,460 per year. A man with a bachelor's degree earns $66,245. The difference between these salaries is ...

$66,245 - 40,460 = $27,785 . . . per year

Then in 40 years, the difference in earnings comes to ...

(40 yr)($27,785/yr) = $1,031,400

A man with a bachelor's degree earns $1,031,400 more than a man with a high-school education over a 40-year career.

User Patrice Chalin
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4.6k points