7. MORE EDUCATION can equal MORE INCOME Professional $114,878 Doctorate $93,033 Masters $67,073 Bachelors $51,568 Associates $36,021 Some College $30,173 HS Grad $28,631 HS Dropout $19,473 < 9 th Grade $19,041 Average Yearly Income 2004 Source U.S. Census Bureau
For a lot of parents, thinking about everything involved with getting their children into college is overwhelming. It is easy for a lot of people to try to ignore the topic, until the child is a junior or senior in high school and they feel forced to now have to deal with everything involved. And even then, a lot of parents don’t have all the information they need to help their children through what may seem like a complicated process. Today I am going to lay out for you some general information that can get you more involved in helping yourself and your children prepare for college. Although I can’t answer all the specifics that are involved in the process, I want to provide you with a foundation that allows you to take a more active role in the process and can feel a little bit more knowledgeable about how you can help your family get into the position you would like to be in.