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Education Pays

According to the U.S. Census Bureau, college graduates earn an average of $1 million more than high school graduates during their careers. The value of your investment in a college education will continue to grow for a lifetime. It will pay for itself both personally and professionally.

No Diploma $33,800
High School Graduate $46,228
Associate Degree, Occupational $51,168
Some College, No Degree $51,324
Associate Degree, Academic $53,040
Bachelor’s Degree $82,160
Master’s Degree $94,640
Doctoral Degree - Ph.D. $123,084
Professional Degree -M.D., J.D. $135,668

2017 average earnings for people 25 years of age and older with different levels of education. Source: Bureau of Labor Statistics, Current Population Survey, unpublished table.

Use our College Savings Calculator to help you estimate the amount of money needed to send your child to various types of postsecondary education institutions.

Arizona’s Education Savings Plan is not insured by the State of Arizona or any of the program providers. Neither the principal deposited nor the investment return is guaranteed by the State of Arizona or the program providers.

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