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The Benefits of Graduate Education Graduate School Benefits $ There are Benefits… For graduate degree holders, M.A. recipients earn an average of $52,317: 23 % more than bachelors degree recipients. Ph.D.’s earn $70,740: 35% more than M.A.’s and 68% more than B.A. degree holders. Source: Educational Attainment in the United States, U.S. Census Bureau, Current Population Survey May 2004 Higher Earnings Not surprisingly, holders of professional degrees were found to have the highest earnings. Their annual income of $81,540 was 15 % higher than Ph.D. recipients, and more than twice that of bachelors degree recipients. Source: Educational Attainment in the United States, U.S. Census Bureau, Current Population Survey May 2004. More Money! The lifetime income differentials are magnified when computed over a 40-year career (from ages 25 to 64). Masters degree recipients will earn $2.5 million in their lifetime. Lifetime earnings of holders of professional degrees, at over $4.4 million, are well above that for any other group. Source: Educational Attainment in the United States, U.S. Census Bureau, Current Population Survey May 2004. Mean Annual Earnings by Level of Education Estimates of Work life Earnings by level of Education(In Thousands) But…it’s NOT all about money!!! Graduate School: allows you to pursue specific research and scholarly interests provides needed preparation for specialized careers results in more job opportunities on national levels results in self-confidence and job satisfaction allows you to make contributions to society Are You Prepared for Graduate School?  overall academic record grade point average in a specialty area standard examination scores recommendations statement of purpose professional experience personal interviews What Should You Expect From Graduate Professors? Professors assume that you ha