Tuesday, 21 July 2015

income level in the United States vs education : chart of the day



"he chart above shows the payoff between education and salary level"








Source: College Board
Date Verified: 6.18.2013

What is the correlation between education and your ability to earn money. How many college dropouts across the world have managed to  " make it big in life" with a billion dollar enterprise in their names.

The chart above shows the payoff between education and professional career, it compares the salary/wages/earnings to your education background. While the chart clearly shows they are directly propotional, with increasing education, you tend to earn more.

However not all agree. PayPal Co-Founder Peter Thiel, claim that college just isn't worth it in the age of startups. He's giving 20 bright young people $100,000 each to start a company instead. .

Hear are a few people who has bucked the trend and have achieved fame despite being college dropouts. apart from Steve Jobs, Zuckerberg and Bill Gates 

  1. Matt Mullenweg started WordPress, which now powers 16% of the web. 
  2. Arash Ferdowsi ,co-founder of DropBox, estimated $4 billion,  dropped out of MIT. 
  3. Aron Levie started Box, which has an estimated valuation of $3 billion. 
  4. David Karp founder of Tumblr,  never even graduated high school
  5. At age 19, Pete Cashmore , launched the tech site Mashable and never attended college  

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