Chart of the Day: A High School Diploma Ain’t What It Used to Be


As we all know, the biggest driving force behind rising income inequality has been the skyrocketing earnings of the top 1 percent. But although that might account for most of the story, it doesn’t account for all of it. There’s also a growing disparity between the earnings of college grads and the earnings of high school grads.

The chart below, from Pew Research, tells the story. In 1965, high school grads earned 19 percent less than college grads. Since then, the earnings of college grads have gone up (though slowly over the past two decades), while the earnings of high school grads have plummeted. As a result, high school grads today earn a whopping 39 percent less than college grads. Life for the 47 percent of Americans who have high school diplomas but no more is an increasingly parlous one.

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Fact:

In-depth journalism that investigates the powerful takes real money and is so damn important right now.But it doesn’t take a Mother Jones investigation to know that billionaires and corporations will never fund the type of reporting (like they do politicians) we do that exists to help bring about change. Instead, our mission-driven journalism is made possible by people power, and has been for 46 years now since our founding as a non-profit.

In “TITLE TK” Monica Bauerlein writes about the perilous moment we’re in, and why it’s so important that we raise $325,000 by the time November’s midterms are decided so we can be ready to throw everything we have at the big issues facing the nation no matter what happens. Please help MoJo’s people-powered journalism with a donation today.

$400,000 to go!

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