Education

According to the U.S. Bureau of Labor Statistics the average high school graduate earned:

$34,736 per year in 2014 while the average person with a Master’s degree earned $68,952. If you multiply these number by 35 years you find the high school graduate earned $1,215,760 and that with a master’s earned $2,413,320.

Using a 15% tax for the high school graduate and 25% tax for those with a master’s degree we find those with a master’s degree pay $420,999 more in taxes than those with a high school diploma.

The average cost of obtaining a master’s degree runs about $80,000, after paying the loan off the government will receive $340,999 more in taxes than from the high school graduate. It makes great sense for you and our country to get as much education as possible. After all, education is the true foundation of civil liberty (James Madison).