Facts of the Month

Completed Degrees by Income Quartile

In 2007 a student who turned 24 and came from a family with an income in the top quartile of all family incomes, was almost eight times more likely to have received a Bachelor's degree than a student who came from a family in the bottom quartile of family incomes. Here are the figures by quartile:
  Completed Degree   
  By Age 24 in 2007   
 Bottom Quartile  9.8%  (Less than $39,500)
 Second Quartile 18.3%   ($39,501 to $68,925)
 Third Quartile 33.4%   ($68,926 to $116,050)
 Top Quartile  75.9%

 ($116,050 and up)






Source: Postsecondary Education Opportunity, November 2008

Publication Date: January 2009