Education Pays

 

The information gathered indicates that your salary is related to the amount of education you obtain. The more training or education you receive, your chances of getting paid more increase substantially. Remember that these figures are only averages and do not guarantee a high salary. It’s up to you to get that great job after completing your training.

Degree or Certificate

Pay Scale Graph

Yearly

Monthly

Doctorate (PhD)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$70,500.00

$5,875.00

Masters Degree (M.A.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$55,300.00

$4,608.33

Bachelor's Degree (B.A. or B.S.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$35,100.00

$2,925.00

Associate Degree (A.A.)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$23,400.00

$1,950.00

Truck Driver (4 weeks certificate)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$21,000.00

$1,750.00

LVN (18 months certificate)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$32,795.00

$2,732.92

Office/Clerical (13 weeks certificate)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$20,148.00

$1,679.00

C.N.A. (7 weeks certificate)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$18,566.00

$1,547.17

Some College, no Degree

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$17,760.00

$1,480.00

High School Graduate

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$16,200.00

$1,350.00

High School Dropout

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

$13,920.00

$1,160.00

 

MONTHLY BILLS

How you spend and budget your money says a great deal about you and your ability to plan.  Where do you want to live?  What will you be doing?  How much will you need to earn?  Imagine that you are 18-23 years old and about to live on your own.  Develop a budget for yourself.  Make a list of types of things you do and would like to do. 

FOOD AND HOUSING (You may want a roommate to help share the costs):

Rent – Depends on family size. Average cost of a 1-2 bedroom apartment is $700                  ________

Phone/Utilities/Cable – this varies with the season, apartment size, appliances,

$200 per month is average.                                                                                                   ________

Food – Check supermarket ads to figure your food budget.  Remember 

to include lunches at work.  Food can range from $200 to $500                                  ________

 

TRANSPORTATION:  You’ll have lots of choices and price ranges – bicycle,

bus, carpool, new or  used car.  (Remember maintenance, gas and repairs.) 

Depending on your choice, the cost can be $300 to $500. ………...                              ________ 

 

CLOTHING:  This depends on your style, talents and the climate. 

Do you sew?  Look for sales?  Splurge?  Remember shoes and jackets.

Start with $100 plus a month. ……………                                                                     ________

 

ENTERTAINMENT:  You’re probably familiar with the price of movies

and concerts; museums, CDs, and parties can be cheap or free.  Allow at least $100    ________

 

OTHER ITEMS:  Cosmetics, gifts, haircuts, cleaning and laundry                            ________                                

 

                                                                                    TOTAL                 _______