Why go to college? There are so many reasons why a higher education can improve your life. A big reason is because there is a strong connection between education and future income. For example, the U.S. Bureau of Labor Statistics shows that there is a positive trend between a higher degree and salary.
The below graph shows on the left that people with a higher degree in the U.S. earned a higher weekly salary in 2020 than those without one. The salary amount also increases as an individual’s education level increases. On the right side of the graph, it shows that the rate of unemployment in 2020 went down with a higher degree. The higher the education level a person has, the lower the unemployment rate was for them.