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January 13, 2017

Pay gap for college grads sets a record

  • Yet few experts think you can close the gap by simply sending more students to four-year colleges.
  • By CHRISTOPHER S. RUGABER
    AP Economics Writer

    WASHINGTON — Americans with no more than a high school diploma have fallen so far behind college graduates in their economic lives that the earnings gap between college grads and everyone else has reached its widest point on record.

    College graduates, on average, earned 56 percent more than high school grads in 2015, according to data compiled by the Economic Policy Institute. That was up from 51 percent in 1999 and is the largest such gap in EPI's figures dating to 1973.


     
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