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A school diploma is not the one path to a six-figure wage, in keeping with a brand new examine.
Not less than 40 p.c of Individuals with no bachelor’s diploma earn $100,000 or extra, LendingTree discovered.
In complete, 5.7 million full-time staff with no bachelor’s diploma make six figures — about 9 p.c of the workforce.
Amongst occupations, chief executives and legislators high the checklist, with 63 p.c of these holding the roles incomes six figures with no bachelor’s diploma. Architectural and engineering managers comply with at 60 p.c, and 56 p.c of software program builders additionally attain that stage.
Metro areas with the best shares of six-figure earners with no diploma embrace:
San Francisco — 17 p.c
Seattle — 17 p.c
San Jose, Calif.: 16 p.c
On the backside: Greensboro, N.C., and El Paso, Texas, each at 4 p.c, and Lakeland, Fla., at 5 p.c.
The gender pay disparity is sharp. Of the 5.7 million six-figure earners with no bachelor’s diploma, 4.4 million are males, and only one.3 million are girls.
Males make up 58 p.c of the full-time workforce with out levels, however 77 p.c of six-figure earners. Ladies account for 41 p.c of the non-degree workforce however solely 22 perent of excessive earners.
“The sky-high cost of a college education has already led many people to question whether the degree is worth it,” stated Matt Schulz, LendingTree’s chief client finance analyst.
“There’s no question that data showing that people can make six figures without that college degree will only make more people reconsider that degree,” he added.
