lifetime earnings

For Workers Laid Off in Recessions, Big Pay Gaps Persist

No matter when a person gets laid off, it can have long-lasting financial consequences -- among them, a wage gap that persists for years. But a new study reveals that men who are part of a mass layoff during a recession lose 72% more over their lifetimes than men who lose jobs in during periods of economic growth.

College Degree Worth It? What the Data Say

The combination of the high price of college and the less-than-promising job prospects for new grads are fueling a hot debate about the value of a bachelor's degree: Is it worth the money? The Census Bureau parsed the data, and found that of all the variables that effect lifetime earnings, nothing packs the punch that education does.

College Dropouts Cost U.S. Billions in Lost Earnings

When students drop out of college, it's not just disappointing for them and their parents -- it's also bad news for Uncle Sam, and even for their next-door neighbors. According to a new report, a single year's worth of dropouts cost the nation $4.5 billion in lost income, and lost federal and state income taxes.

Private School ROI: Is the High Tuition Worth it?

Bruce Watson recently took a look at the rising cost of private high school tuition. Can you bank on getting a strong return on investment from sending your teen to one? Depends on how you measure.