The line chart illustrates how much incomes people with different types of degree by eight age ranges earned weekly in 2002.
Overall, the tendency for three types of degrees was upward thoughout the period. In addtion, around the thirties, people having other degree earned the highest but in the older age groups, those with advanced degrees seemed to receive higher incomes. Also, the income increases became far more gradually.
During the first twenty years of working life for postgraduates and graduates, there was a significant rise for both groups. Throughout the period given, the earnings for people with a single degree were lower than the others. Its figure was about $360 in the 21-25 age group and reaching its peak in the 36-40 and 41-45 age ranges with nearly $700. Moreover, the incomes of postgraduates aged from 46-50 to 56-60 were stable at between approximately $680 and $690. In terms of advanced degree holders, there was a soar from about $390 in people aged 21-25 to around $750 in the 41-45 age group. Between ages 46-50 and 51-55, their incomes drop slightly from approximately $740 to $710. However, the amount earned by those with a higher degree went up again and became the highest income level in the oldest age groups at around $790.
In comparison with postgraduates and graduates, people having other qualifications reached their highest salary earlier than the others. Their commencing salary was higher than the others, at about $410 in the 21-25 age group, then reaching a maximum of around $820 in ages 36-40. Nevertheless, by the age of 45, their wages plunged to approximately $720 and ended at the lower level than those with advanced degrees, at nearly $700.
The line chart illustrates how
much
incomes
people
with
different
types of
degree
by eight
age
ranges earned weekly in 2002.
Overall
, the tendency for three types of
degrees
was upward
thoughout
the period. In
addtion
,
around
the thirties,
people
having
other
degree
earned the highest
but
in the older
age
groups
, those with advanced
degrees
seemed to receive higher
incomes
.
Also
, the
income
increases became far more
gradually
.
During the
first
twenty years of working life for postgraduates and graduates, there was a significant rise for both
groups
. Throughout the period
given
, the earnings for
people
with a single
degree
were lower than the others. Its figure was about $360 in the 21-25
age
group
and reaching its peak in the 36-40 and 41-45
age
ranges with
nearly
$700.
Moreover
, the
incomes
of postgraduates aged from 46-50 to 56-60 were stable at between approximately $680 and $690. In terms of advanced
degree
holders, there was a soar from about $390 in
people
aged 21-25 to
around
$750 in the 41-45
age
group
. Between
ages
46-50 and 51-55, their
incomes
drop
slightly
from approximately $740 to $710.
However
, the amount earned by those with a higher
degree
went up again and became the highest
income
level in the oldest
age
groups
at
around
$790.
In comparison
with postgraduates and graduates,
people
having
other
qualifications reached their highest salary earlier than the others. Their commencing salary was higher than the others, at about $410 in the 21-25
age
group
, then reaching a maximum of
around
$820 in
ages
36-40.
Nevertheless
, by the
age
of 45, their wages plunged to approximately $720 and ended at the lower level than those with advanced
degrees
, at
nearly
$700.