The difference in pay rates over a lifetime between college graduates and noncollege graduates is fairly small.

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Research has consistently shown that college graduates earn significantly more over their lifetime compared to noncollege graduates. In fact, according to the National Center for Education Statistics, in 2019, the median earnings of young adults with a bachelor's degree or higher was $56,000, compared to $35,000 for those with only a high school diploma. This pay gap only widens as individuals progress further in their careers.

The Difference in Pay Rates Over a Lifetime Between College