College Pays A college degree cannot guarantee a job, of course, but it can be a powerful asset. The data below shows 2023 earnings and unemployment rates by educational attainment. Professional degree Some college, no degree Associate’s degree Bachelor’s degree Master’s degree Doctoral degree High school diploma No high school diploma $114,712 $55,016 $77,636 $90,324 $109,668 $46,748 $36,816 $51,584 Median annual earnings Unemployment rate 1.2% 5.6% 3.9% 3.3% 2.7% 2.2% 2.0% 1.6% Source: U.S. Bureau of Labor Statistics, 2024 (2023 data for adults age 25 and older)
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