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Alejandra Travieso

Danielle Stefanek
Dominick Capersino
Mikayla Strangle

The Value of Higher Education


With Math!
We will be analyzing the
relationship between sets of
data on different types of
graphs

We will be able to identify and


label graphs using given
information
How much money do
you think that you will
make over the next 30
years?
Does the cost of a
college education
outweigh benefits
associated with a
job requiring a
higher degree?
Josephson, A. (2018, May 15). The Average Salary by Education Level. Retrived from YA YEET YA
https://samrtasset.com/retirement/the-average-salary-by-education-level
v good

Years of -1 0 1 2 4 6 8 10
(<High School (High School (College No (Associates) (Bachelors) (Masters) (Professional) (Doctorate)
Education Diploma) Diploma) Degree)

Yearly Salary 25,636 35,256 38,376 41,496 59,124 69,732 89,960 84,396
($)

Do you notice a relationship?


Summarize what
you’ve just learned:
Which label
goes on the y-
axis?
Notice that the
yearly salary is
dependent on
the years of
education.
Which label
goes on the x-
axis?
If the yearly
salary is
dependent
what does that
make the years
of education?
Salary
Plot your points:
10
Years of Ed Salary ($)
8
-1 25,636
4
0 35,256
2
1 38,376

2 41,496 Yrs of Ed -65,000 -55,000 -45,000 -35,000 -25,000 25,000 35,000 45,000 55,000 65,000 75,000 85,000

-2
4 59,124
-4
6 69,732
-6

8 89,960
-8

10 84,396 -10
Slope is our new best friend!
By using slope, aka Change in y = _y2-y1_
rate of change, we Change in x x2-x1
can recognize a
general trend of our Can we find the approximate
graphs without rate of change for the first
having to plug in the graph together between 1
change of each year of college and 10 years?
individual input, or
x-value
Year(s) of Work
Experience
Cumulative Salary ($)
How Much Money Could I
1 25,636
Make With a HS Degree?
2 51,272 As a High School Graduate there is the
potential to earn upwards of $400,000 over
4 102,544 the course of 16 years! That see like a good
amount at first glance but, we will compare
6 153,816 this data to a four year college graduate in the
next slide.
8 205,088
The question for you is:
10 256,360

12 307,632 If we were to extend the pattern out, what


would the cumulative salary be for a high
14 358,904 school graduate after 30 years of experience?

16 410,176

N
Year(s) of Work Cumulative Salary ($) How Much Money Could I
Experience
Make With a Four Year
1 59,124
College Degree?
2 118,248
After looking at the data, the value of a
college degree is apparent. We saw that over
4 236,496
30 years, the cumulative salary for a high
6 354,744 school graduate was $769,080. In this chart,
a college graduate can make $1,773,720 over
8 472,992 the same period of time!

10 591,240 Using the information above, answer the


following question:
12 709,488
How many times more money are you
14 827,736 making with a 4 year college degree as
compared to a high school degree?
16 945,984

30 1,773,720
Tuition Costs Throughout the State
School In-State In-State Out of State Out of State
(1 year) (4 years) (1 year) (4 years)

ASU $9,684 $38,736 $23,126 $92,504

NAU $9,746 $38,984 $25,784 $103,136

UoA $11,769 $47,076 $33,950 $135,800

Based on the data we have looked at so far, draw a


conclusion on whether the money you will make
with your degree, outweighs the financial impact
that college has on a student.
Circle how you are feeling about the cost of your college
degree with your new found knowledge:
My halloween costume. Anyone who dresses up like this
will get candy. BET.

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