April 8, 2005

Data Show Value of College Degree

College graduates earned nearly double the pay of people with only a high-school diploma, according to data released last week by the U.S. Census Bureau. But what was much more surprising in the new statistics was that Asian-American and black women with undergraduate degrees outearned their white counterparts.

White women with bachelor's degrees took home almost $37,800 on average in 2003, the year covered by the Census Bureau data on earnings, but African-American women with a