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 |
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