FYEFinancial

FYE Financial Facts
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Earning Power:

"Students' earnings increase substantially with an associate degree from Three Rivers to an annual average of $46,226 over their lifetime."
(Three Rivers College Foundation)

"A student with a two-year degree makes an average of $401,739 more over a lifetime than a student with a high school diploma or GED."
(5/19/04 Norwich Bulletin Article, page A8, "Three Rivers Fattens Wallets")

George Rezendes states, "Students at the college over their lifetimes earn an additional $182 for every credit they take."
(5/19/04 Norwich Bulletin Article, page A8, "Three Rivers Fattens Wallets")

Chart: Three Rivers College Foundation Fall 2004

In August 2005, the Connecticut Community College system reported the following:

For every credit completed, students will average $169 more per year while working.
For every year of full time study, students will earn approximately $5,027 more each year they are in the workforce

Quick Financial Facts

Average earnings for bachelor's degree holders is 50% higher than the average earnings of those with a high school diploma.
Forty percent of American college students, or almost 6 million people, are 25 years of age or older.
90 million individuals participate in some form of adult education each year

(Source: U.S. Dept of Education 2002 )

"The state pays for 67 percent of the cost to educate students attending the community technical colleges and 60 percent of the cost of students attending the University of Connecticut compared to 53 percent of CSU students." Norwich Bulletin Dec 5, 2003.
ccantu@norwich.gannett.com

Height Counts

"Every inch counts - for $783 to be precise. That's the average increase per inch per year in pay scale.
For a 5-foot 7-inch employee, that translates to almost $4,000 less per year than a 6-foot co-worker."

From Careerbuilder, Norwich Bulletin "Oh, Grow Up" 9/14/2004. pageC-6.

Closing Statistics:

College graduates earn an average of 78% more income than non-college graduates (Source: US Bureau of Statistics).
Master's degree graduates earn 92% more than those only with a high school graduate degree.
Bureau of Labor Statistics, median earnings for year round, full-time workers age 25 and older, by educational attainment, 2000.

Salaries for first-year teachers per Associated Press, Local School Districts
	Bachelor's First Step	Masters' First Step
Canterbury	$32,744	39,214
Griswold	$33,369`	$35,031
Bozrah	$34,185	$37,527
Preston	$37,106	$41,726
Norwich	$37,460	$38,943
Connecticut average for first year teacher: $28,848 National Average: $29,564
as published in Norwich Bulletin, Saturday, July 17, 200, page B1