Median Earning and Payments by Level of Education.(Hyun Jung OH)

Median Earning and tax payments are depending on each levels of education.
According to graph 1, it is said that earning and tax payments of person who has professional degree' is $95,700. And the person who has Doctorate degree is $79,400, the person who has Master's degree is $50,500, the person who has Bachelor's degree is $49,900, the person who has Associate degree is $37,000, Some college, the person who has no degree is $ $35,700, the person who has High school diploma is $30,800, the person who has Less than HS diploma is $ 21,600.
From this graph, we can see two types of views.
One type is about the relationship between the level of education and the amount of earnings.
It stated that level of education is proportioned to their earnings.
This is the reason why many parents are craze about their child's education.
In the same way, in Korea, parents have concentrated their energies on their child's education.
The other type is about the relationship between earnings and taxes.
Nowadays, the tax payment exactly proportioned to earnings.
It is said that the rich who earns lots of money must pay more taxes than the poor.
With this text payment system, our society can be harmonized and the balance between the rich and poor.
This graph is from "Education, Earnings, and Tax Payments" Education Pays: The Benefits of Higher Education for Individuals and Society. written by Baum, Sandy, and Kathleen Payea. (College Board Online. 21 Oct. 2004.)