Give Now

2012 Archives

Sobering numbers about education

Excerpt

The following is from the July 11, 2012, edition of the Newnan (Ga.) Times-Herald. Albert W. Neimi Jr., dean of SMU's Cox School of Business, provided expertise for this story.

July 11, 2012

The importance of a quality education means so much to the success of a person in our work force today. Seems we are bombarded with facts and figures showing how important education can be and other figures showing how students in the U.S. are lagging behind others in performance.

Case in point: Earlier this year, Dr. Albert W. Neimi Jr., dean of the Cox School of Business at Southern Methodist University in Texas and former University of Georgia faculty member, made a presentation about the economy during a speech in Atlanta.

We reported on the presentation at the time, but today let’s take a second look at some of the data Neimi presented on the value of education and student achievement.

His data pointed out the difference in earning power of a worker based on education. The data listed the average annual earnings of a person with some high school education at $21,023. A high school graduate’s earnings jumped to $31,283. Here are the average annual earnings of those with college educations: Associate degree, $39,506; bachelor’s degree, $58,613; master’s, $70,856; doctorate, $99,697; and for a professional, $125,019.

Read the full story.

# # #