Nationally, those with a bachelor's degree make $1.2 million more in median lifetime earnings than those with only a high school diploma — $2.8 million for bachelor’s degrees and $1.6 million for high school diplomas, assuming 40 years of future earnings. In addition, a bachelor’s degree results in $800,000 more in median lifetime earnings than an associate degree.

In Minnesota, the earnings difference between those with a bachelor's degree and a high school diploma is $1.1 million — $2.8 million for bachelor’s degrees and $1.7 million for high school diplomas. For bachelor's and associate degrees, a bachelor’s degree generates $600,000 more in lifetime earnings.

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