A U.S. Census Bureau report finds that through 2004, the most recent data available, 8.6 million college students graduated with a bachelors degree in business.
Another 3.9 million earned associate’s degrees in business and 2.7 million received advanced degrees in the field. Incidentally, those with bachelor’s degrees in engineering earned an average of $5,992 a month.
Additionally, the report finds that graduating in four years is no longer the norm. On average, it took students more than a year to finish a vocational program, more than four years to complete an associate degree and more than five years to complete a bachelors degree program.
And the glass ceiling continues to hang low over every industry. The Census report shows that the female-to-male average monthly earnings ratio for full-time workers 18 years old and older in 2004 was .71 for women who held bachelor’s degrees and .67 for women with master’s, doctorate or professional degrees. The ratios were not statistically different from one another at these levels of education.
