Some number crunching by economist Matthew Slaughter of Dartmouth College’s Tuck School of Business shows that only those with advanced degrees are seeing an increase in wages during this economic environment.
Interestingly, I’d have to agree. Since obtaining my doctorate a couple of years ago, many more opportunities have presented themselves. Moreover, the opportunities have come in many forms not just one: teaching, writing, consulting, and development.
In fact, new Census Bureau data show that if you divide the population by education, on average wages have risen only for those with graduate degrees over the past 10 years.
(Graphic via Wall Street Journal – David Wessel)