No College Earnings Comparison
Earnings Comparison - No College
The information provided below is an overview of projected earnings over 30 years for a person not involved in the E5 program and with no college degree. The analysis is based on the most current data aggregated from The College Board's Annual Survey of Colleges.
Wage |
Hours Worked |
Gross Pay |
|
1-6 mo |
7.50 |
1040 |
7,800.00 |
7-12 mo |
7.75 |
1040 |
8,060.00 |
13-24 mo |
8.00 |
2080 |
16,640.00 |
25-36 mo |
8.25 |
2080 |
17,160.00 |
37-48 mo |
9.00 |
2080 |
18,720.00 |
68,380.00 |
|||
Cost of school |
(4,160.00) |
||
Loans to repay |
None |
||
Interest on loans to repay |
None |
||
Medical / Vacation / Holiday benefits |
Included |
||
Gross Pay 1st 4 years less School Cost |
64,220.00 |
||
Year |
|||
5 |
10.00 |
2080 |
20,800.00 |
6 |
11.00 |
2080 |
22,880.00 |
7 |
12.00 |
2080 |
24,960.00 |
8 |
13.00 |
2080 |
27,040.00 |
9 |
14.00 |
2080 |
29,120.00 |
10 |
15.00 |
2080 |
31,200.00 |
11 |
16.00 |
2080 |
33,280.00 |
12 |
16.00 |
2080 |
33,280.00 |
13 |
16.00 |
2080 |
33,280.00 |
14 |
16.00 |
2080 |
33,280.00 |
15 |
16.00 |
2080 |
33,280.00 |
16 |
16.00 |
2080 |
33,280.00 |
17 |
16.00 |
2080 |
33,280.00 |
18 |
16.00 |
2080 |
33,280.00 |
19 |
16.00 |
2080 |
33,280.00 |
20 |
16.00 |
2080 |
33,280.00 |
21 |
16.00 |
2080 |
33,280.00 |
22 |
16.00 |
2080 |
33,280.00 |
23 |
16.00 |
2080 |
33,280.00 |
24 |
16.00 |
2080 |
33,280.00 |
25 |
16.00 |
2080 |
33,280.00 |
26 |
16.00 |
2080 |
33,280.00 |
27 |
16.00 |
2080 |
33,280.00 |
28 |
16.00 |
2080 |
33,280.00 |
29 |
16.00 |
2080 |
33,280.00 |
30 |
16.00 |
2080 |
33,280.00 |
Over 30 year period |
885,820.00 |