Your Finances

The benefits of finishing your education

It's obvious that having a child is expensive! How would you pay for a child, particularly if you have one before you finish your degree? As we heard earlier, many students who have a child (or another child) while in school struggle to finish their degrees. Postponing having children (or additional children) while in school not only puts you in a better position to complete your degree, but in a better financial position to support a family.

This chart shows how your earning power increases as your education levels increase.

 

Graph comparing earnings of a high school graduate to a college graduate. Bachelors degree college graduates earn $20,748 more per year than high school graduates. Associates degree graduate earn $7,020 more per year than high school graduates.