Central Region Middle School #7Seminar

Why Stay in School Part 1Education Level and Income

Created by Ms. Snyder & Mr. West

Levels of Education

More information about a professional degree

The professional degree is a master’s level or doctorate degree.

There are a few professional degrees that require only bachelor’s degree training.

Most professional degrees will require a fairly extensive education.

Some require training after education is finished in order to become licensed.

More information about professional degree

The professional degrees that require doctorate level training include the following:

MD or medical doctorate

DO or Doctor of Osteopathy

JD or Juris Doctor (Degree in law)

Doctor of Veterinary Medicine (DVM)

Doctor of Dental Surgery (DDS)

PhD in fields like psychology or pharmacology

Education Level and Income Data

Source: http://www.infoplease.com/ipa/A0883617.html

Uneducated = UnemployedSource: Bueau of Labor Statistic

http://www.bls.gov./emp/edupay.txtNote: Data are 2010 annual averages for persons age 25 and over.

Occupations with Fastest Growth

Of the 20 fastest growing occupations in the economy, half are related to healthcare.

Healthcare is growing rapidly due to aging of baby-boomer generation.

A baby boomer is a person who was born during the Post-World War II baby boom between 1946-1964.

Seventy-six million American children were born between 1945 and 1964.

Occupations with Fastest Growth

Two of the fastest growing occupations are in the computer specialist occupational group: Network systems and data communications analysts.

Increasing demand is due to organizations continue to update and incorporate new technologies.

Growing reliance on wireless network will result in need of more system and data analysts.

Fast Growing Occupations that Need College Degrees

Occupation SalaryBiomedical Engineers $77, 400

Network systems and data communications analysts

$71,000

Financial examiners $70,930Medical scientists $72,590

Physician assistants $81, 230Biochemists and

biophysicists$82,840

Computer software engineers, applications

$85,430

Veterinarians $79,050

Activity

Most people work for about 30 years before they retire. Use the information provided in Slide 5, take the annual income of each educational level, multiply by 30, what’s the difference of income in 30 years?

Source SitedBureau of Labor Statistics, Overview of the

2008-18 Projections, http://www.bls.gov/oco/oco2003.htm, December 3, 2010

Wikipedia, “Baby Boomer”, http://en.wikipedia.org/wiki/Baby_Boomer, September 11, 2011