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1 Table 12 on webpage Figure 5.1: On average, people with higher educational attainment have higher earnings Chart can also be access here: FIGURE 5.1 Figure 5.1 On average, people with higher educational attainment have higher earnings. Source: Authors analysis of March CPS data, various years $95 $85 or better $75 in thousands Annual salary $65 $55 Some college or Associate s $45 High school graduates $35 High school dropouts $ The

2 Table 16 on webpage Figure 5.12: Earnings not just a function of postsecondary. Commented [ME1]: The first column needs to be reformatted. FIGURE 5.12 Figure 5.12 Earnings are not just a function of postsecondary attainment. Occupational choice also influences earnings potential. Source: National Education Longitudinal Study % 40% 43% of licenses and certificates 30% than an 31% Associate s 27% of Associate s 20% of licenses and s certificates than a 10% than a. 0% Licenses and certificates Licenses and certificates Associate s s versus Associate s s versus s versus s

3 Table 17 on webpage Figure 5.11: People with the same educational attainment. FIGURE 5.11 Figure 5.11 Commented [ME2]: Some dollar figures in the columns needs reformatting. People with the same educational attainment levels can have different wages depending on their occupation. (in 2008 dollars) Source: Authors analysis of March CPS data, various years pooled data Master s or better $120,436 $90,948 $141,571 $87,523 $77,031 $85,409 $67,601 $54,658 $63,204 Some college $59,619 $61,438 $52,201 $60,415 or Associate s $63,738 $49,842 $48,472 $60,649 $59,743 $51,680 $48,080 $43,768 $41,891 $$37,30737 High school $40,424 $33,047 $34,790 $42,389 graduates $45,211 $41,703 $30,349 $30,865 $54,472 $55,179 $39,106 $$28,56628,566 $30,973, 97 $38,220 $39,648 $36,601 $26,948 $26,356 High school $49,320 $50,940 $35,550 $24,727 $$25,81525,815 $$23, dropouts $37,858 $31,333 $27,677 $28,950 $27,138 $23,664 $19,772 Occupations: pooled data Managerial STEM Healthcare Sales and Blue Community Education Healthcare Food and and Professional Professional Office Collar Services Support Personal Office and Technical Support and Arts Services $84,919 $75,887 Master s $87,661 or better $63,685 $65,761 $70,575 $67,128 $49,866 $55,449 $52,877 Some college $55,216 $53,042 $55,153 $47,187 $44,296 $55,424 or Associate s $52,257 $40,645 $45,344 $42,829 $51,118 $42,933 $39,127 $39,528 $38,487 High school $45,286 $31,796 graduates $38,553 $29,307 $33,292 $34,212 $39,810 $27,198 $27,495 $56,152 High school $60,653 $$24,27224,272 $22,465 $37,388 $35,106 $34,227 $38,823 $37,468 dropouts $22,637 $20,265 Occupations: Managerial STEM Healthcare Sales and Blue Community Education Healthcare Food and and Professional Professional Office Collar Services Support Personal Office and Technical Support and Arts Services 105

4 Table 19 on webpage Carnevale Figure 2.1 FIGURE 2.1 Figure 2.1 By 2018, 63 percent of job openings will require workers with at least some college education. Source: Center on Education and the Workforce forecasts of educational demand to in millions % 17 million New and replacement demand (46.8 million by 2018) 30% 13.8 million 33% 16 million 4 0 High school or less Some college/associate s or better

5 Table 20 on webpage Carnevale Figure 3.2 Figure 3.2 With the exception of Healthcare Support, the fastest-growing occupations have the highest concentration of postsecondary attainment. Source: Authors analysis of March CPS data, 2008; Center on Education and the Workforce forecast of educational demand through 2018 OCCUPATIONS: Difference Ranking Rate of growth: Total Total Change in Percent Fastest employment employment employment change in Largest rate of (thousands) Rank (thousands) Rank (thousands) employment growth growth Sales and Office Support 40, , ,040 8% 2 8 Blue Collar 33, , % 8 9 Food and Personal Services 24, , ,443 14% 1 6 Managerial and Professional Office 16, , ,498 9% 3 7 Education 8, , ,278 14% 5 5 Healthcare Professional and Technical 7, , ,461 20% 4 2 STEM 7, , ,233 17% 6 3 Community Services and Arts 4, , % 9 4 Healthcare Support 3, , % 7 1 TOTAL 147, ,500 14,400 10%

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