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    Level of education Median salary
    Advanced degree $69,056
    Bachelor's degree $53,300
    Some college/associate's degree $37,752
    High school diploma, no college $32,552
    Less than high school diploma $23,608

    Simply finishing high school results in a 38% in median salary, whereas completing that bachelor's degree results in a 41% increase over some college (or an associate's degree), and a whopping 64% increase over just having a high school diploma.

    Would you please explain how they came up with the percentages?

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    Solution Preview

    Hello and thank you for posting your question to Brainmass!

    The percentages are a percentage of median salary increase of one educational level with respect to the median income of another education level.

    For example, a person with less than high ...

    Solution Summary

    The percentages are clearly contextualized in this case.