The Value of Education: A Bachelor's Degree is Worth Almost $2,000,000

Today's L.A. Times has another article that supports the importance of at least obtaining a high school diploma.  The article highlights the fact that high school graduates make 3 times the salary of dropouts.  What this article fails to acknowledge is the importance of going beyond high school.  The value of a bachelors degree in Texas is $80,950 as compared to $42,271 for a high school diploma and $30,412 for a dropout.  That differential equates to almost $2 million over an individual's work life  for a degree as compared to a high school diploma and over $2.5 million for a degree as compared to a dropout.