It’s pretty much a given that the more formal education one has the more they will earn and the data support that.
However, there are many examples of individuals without a degree earning substantial sums and likewise those with degrees, even advanced degrees earning very average incomes.
So, I have a question, is it the degree obtained or the motivation, drive, initiative and other individual qualities of the individual that makes the difference? Once the first post college job is obtained, that degree matters less and less.
Then there is the fact that many job descriptions include a requirement for a degree when truth be told, that is not the case. That can drive up the earnings based on the job, but not necessarily the result of a degree.