A College Education Continues to Pay Economic Dividends to Black Graduates

A new report from The College Board shows that a college education continues to provide widespread economic benefits to those who obtain the credential. This is particularly true for African Americans.

In 1998, 17 percent of Black women and 13 percent of Black men ages 25 to 29 held a four-year college degree. Two decades later in 2018, 25 percent of Blck women and 20 percent of Black men in this age group held a four-year college degree. This is significant progress, particularly when we note that in 2018, the median earnings of bachelor’s degree recipients age 25 working full time were nearly $25,000 higher than those of high school graduates.

Jessica Howell, vice president of research at College Board, notes that “higher education is a powerful driver of social mobility for lower-income students, and it’s critical that these students have every opportunity to attend and thrive in college.”

The report also shows that of all racial and ethnic groups, college graduates are more likely to be healthy, have jobs, vote, escape poverty, and volunteer in their communities compared to their peers with only a high school diploma.

The full report, Education Pays: The Benefits of Higher Education for Individuals and Society, may be downloaded by clicking here.

Related Articles

Leave a Reply

Get the JBHE Weekly Bulletin

Receive our weekly email newsletter delivered to your inbox

Latest News

Report Established by State Senator Art Haywood Uncovers Racism in the Pennsylvania State System of Higher Education

"Ultimately, Pennsylvania's leaders and institutions should respect the dignity of all students," says Senator Art Haywood. "The work to ensure that dignity is intact for Pennsylvania's Students of Color continues with this report in hopes that one day the work will no longer be required."

Cynthia Gyamfi-Bannerman Appointed President of the Society for Maternal-Fetal Medicine

"I appreciate the support I have received from my faculty and trainee colleagues here at UC San Diego along with colleagues from around the world," says Dr. Gyamfi-Bannerman. "Together we will work to advance our field and our reach, improving patient outcomes and eliminating health disparities."

Rate of Black Homeownership in America Remains Virtually Unchanged Since 2012

The National Association of Realtors has found that although homeownership rates in American are steadily increasing, the rate of Black homeownership has experienced significantly less growth than White, Asian, and Hispanic homeownership since 2012.

Safiya George Named President of the University of the Virgin Islands

“As a servant leader, I am confident I will be an effective President for the University of the Virgin Islands and will remain humble and grounded with a sincere desire to improve outcomes and the lives of students, faculty, staff, and the community," says Safiya George, who will assume the role of president of the University of the Virgin Islands this summer.

Featured Jobs