Do you make more money than a college graduate?

[BlackLion]

As stated above, have any of you here surpassed the annual amount a successful college graduate makes annually?

By far, one of the biggest advantages to going to college is that you’ll be qualified for more high-paying jobs in most fields. While this doesn’t always hold true, college grads do, on average, make a lot more money than workers who just have a high school diploma. In fact, according to the U.S. Census Bureau, the annual salary average differences between educational levels is staggering:

High school drop outs: $18,734
High school graduates: $27,915
College grads (with a bachelor’s degree): $51,206
Advanced degree holders: $74,602

That means, over the course or working 40 years, someone with a high school diploma will make $1,116,600 while someone with a bachelor’s degree will make $2,048,204. That’s nearly a million dollars more! Keep in mind also that these statistics are as of 2004.

Source: How Much More Money Do College Grads Make? | How To E-D-U

[easy.bake.oven]

I am a drop out but I do 15 peoples work all by myself so I get 15x 1 persons wage so even as a drop out I make more than advanced degree holders.

Also, I get to have an easy life.

I am sitting here in bed working/earning with a can of beer and a joint in one hand and laptop in other hand whilst watching tv

Ironically, wolf of wall st. is on tv right now.

[GreenBean]

I ain't sharing until YOU share, BL.

What are you making?

It is akin to being mosey if you can not be bothered to share your own experiences.

[mine]

Your 40 year calculations are grossly underestimated as salaries will be far higher in 40 years time.

[phaz0rz]

I'm a college graduate and I learned the in's and out's of e-commerce in school. With that being said though, I'm making a lot more working for myself than I would be making if I were working for Cisco or Google.

[dan_ebay]

can confirm I'm filthy rich with no degree

[BiN4RY]

Originally Posted by mine

Your 40 year calculations are grossly underestimated as salaries will be far higher in 40 years time.

And you're also not taking inflation into account which will also heavily normalize the increased salaries over time

[unkown5454]

sorry i dont dream of the pleb life

[BlackLion]

Originally Posted by unkown5454

sorry i dont dream of the pleb life

One day you will gross more than a college graduate, possibly after taxes. I have faith in you, just keep at it!

[GreenBean]

Originally Posted by BlackLion

One day you will gross more than a college graduate, possibly after taxes. I have faith in you, just keep at it!

Still waiting for your own experiences!

B

[jmag91]

I have a friend that already graduated college.

And yes, I make more than this person.

[unkown5454]

Originally Posted by BlackLion

One day you will gross more than a college graduate, possibly after taxes. I have faith in you, just keep at it!

i guess you got lost

[BlackLion]

No, prior to typing this I was fully aware of what you meant, but I'd like for you to be more humble.

[BlackLion]

Originally Posted by GreenBean

Still waiting for your own experiences!

B

$100usd weekly

[GreenBean]

Originally Posted by BlackLion

$100usd weekly

Of which $90 goes on Mrs Fields cookies.

BS thread if you do not want to contribute.

[unkown5454]

i still dont get the point of this.

we are all building businesses to avoid 9-5 slave labor. did you really need to make a drivel post about it

[mine]

Originally Posted by BiN4RY

And you're also not taking inflation into account which will also heavily normalize the increased salaries over time

Who spends 100% of what they earn on things affected by inflation? About 80% of what I earn is invested.

[jmag91]

Originally Posted by mine

Who spends 100% of what they earn on things affected by inflation? About 80% of what I earn is invested.

This is spot on. Bingo

[BiN4RY]

Originally Posted by mine

Who spends 100% of what they earn on things affected by inflation? About 80% of what I earn is invested.

You're doing the right thing with investments, but that's not my point there.

I'm saying having a salary of $10,000 a month in 2066 is not necessarily more than getting paid $1000 a month in 2016, when both amounts are converted into 2016 dollars by factoring in inflation rates incurred over the next 50 years.

(This an arbitrary example with arbitrary rates used)

[GreenBean]

Be careful, Bunny.

rsot might ask for clarification.

[BlackLion]

Originally Posted by GreenBean

Of which $90 goes on Mrs Fields cookies.

BS thread if you do not want to contribute.

I just contributed to the thread, lol. You asked, and i replied with $100usd weekly, which isn't hard to believe, so the moral of the story is that i do NOT make more than a college graduate YET.

[yankee]

I think all business owners can easily far and away exceed a wage earner. This thread is just ridiculous. Nearly impossible for a wage earner to get ahead in life and escape the rate race. A higher wage earner as a vast majority rule just have higher expenses and debt. The only option for a wage earner to escape the round and round tail chase of money is to invest VERY AGGRESSIVELY, start a business, have a rich uncle who passes on inheritance or win the lottery. LOL