The average net assets of people with and without a university degree

Numerous factors build net assets, from hard work to opportunity to intelligent investments and much more. However, one of the best predictors for their net assets are the level of education they reach.

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In many ways, university formation can contribute to their net assets, from increasing their skills and overall knowledge to connection with a network supporting alumni and donor.

In many cases, a university degree is a basic requirement for access to higher paid, professional jobs, so the difference in net assets makes sense. But you can be surprised at how big the Gulf is between Americans with and without a university degree.

It is also interesting to note how big the gap is over all levels of education with regard to the middle and average income. Since a small number of extremely wealthy people who can distort average values ​​much higher, the middle income can be a more appropriate level of how much the “average” American earns.

Here is a look at the average net assets for Americans with different educational background. The data comes from the last published Federal Reserve Survey of Consumer Finances, which was published in October 2023.

Perhaps not surprising, those who did not have high school diploma also had the lowest and average income with $ 38,100 or $ 175,600. According to the Federal Reserve, the average income of $ 38,100 is less than half of the national middle household income.

Americans with a high school diploma have the middle net assets without those without 106,800 US dollars. The average net assets increases to $ 413,300.

The conclusion of a certain college level – without getting a complete conclusion – does not increase the net value by an enormous amount, although there is still a remarkable increase. The gap in medium net assets between those who complete a few college degrees is only $ 29,700, while the difference in average net assets of $ 541,300 is only $ $ 127,800. While these are still significant quantities, the differences are not as strong as the jump from no high school diploma to the diploma or from a “college” to a university degree.

A university degree is where the real money is earned in terms of net assets. The average net capacity of those with a university degree is 464,600 US dollars, more than 3 times as well as those with “some college” and more than 12 times like those without Abitur.