College Grads Quickly Surpass Others in Earnings - NBC Right Now/KNDO/KNDU Tri-Cities, Yakima, WA |

College Grads Quickly Surpass Others in Earnings

Posted: Updated:

SEATTLE, WA - A new state analysis shows it takes Washington college graduates two years past graduation to make up their financial investment and start to earn more money than their friends who didn't go to college.
In this study of the state's new preschool to work education database, state officials are confirming one of the widely accepted beliefs about education: A college degree will boost a person's earnings.
The bachelor's degree earnings boost begins about six years after high school graduation with $4,775 more earnings for women and $1,516 more for men. In the seventh year, women with bachelor's degrees earn a $5,432 bonus and men get a $6,226 boost.
The study also confirms another widely held belief: men earn more than women, even if they both have a college degree.