Educational Attainment, Young Adults (Population Ages 18-24)
Higher educational attainment often means higher earnings potential. The ages of 18-24 are critical years when most young people leave high school and purse higher education or enter the workforce. In Cuyahoga County 58% of young adults living in the suburbs have attended at least some college, compared to 45% of young adults in Cleveland. An individual with a bachelor’s degree can expect to earn nearly $1 million more over the course of their career.
Assumes a 40-year career after graduation. Looks at the difference in median wage for various levels of educational attainment. $22,784 per year x 40 years = $911,360.Source:
U.S. Census Bureau American Community Survey, 2018 1-year estimates