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Economy

NEWS FLASH

CHART: Only Advanced Degree-Holders Saw Wage Gains In Last Decade | The only group of Americans whose average wages increased over the last decade were the 3 percent with advanced college degrees (other than a master’s degree), according to data released by the Census Bureau. The 1.5 percent of Americans with an M.D., J.D., or M.B.A. saw wage gains of about 5 percent, while the 1.5 percent with a Ph.D saw gains of slightly more than 5 percent. Among those with a four-year college or master’s degree — more than a quarter of the American workforce — average wages dropped by about 7 percent, and wages dropped even more for those who haven’t completed college:

Courtesy of Matthew Slaughter, Dartmouth College

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