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re: What minimum salary would be required to be part of the middle class?
Posted on 10/8/14 at 11:23 am to TheIndulger
Posted on 10/8/14 at 11:23 am to TheIndulger
Why does that chart assume certain education levels with each income level. There's a correlation but it's far from a given. It would actually make a lot more sense if it showed you the education you could provide for your children at certain household income levels.
This post was edited on 10/8/14 at 11:25 am
Posted on 10/8/14 at 11:47 am to beaverfever
Obviously there are outliers, but typically those who are making over 100k have some sort of education post baccalaureate. If you have a bachelors degree you probably make more than 50k, etc...
Outliers such as plant operators, entrepreneurs, and off shore O&G workers (others I'm missing too) can bring in substantial (100k+) salaries, but that is not common for the uneducated population.
I don't think anyone is thinking that that chart is carved in stone, but rather what is typical for those educational levels.
Outliers such as plant operators, entrepreneurs, and off shore O&G workers (others I'm missing too) can bring in substantial (100k+) salaries, but that is not common for the uneducated population.
I don't think anyone is thinking that that chart is carved in stone, but rather what is typical for those educational levels.
Posted on 10/8/14 at 2:47 pm to beaverfever
quote:
Why does that chart assume certain education levels with each income level. There's a correlation but it's far from a given. It would actually make a lot more sense if it showed you the education you could provide for your children at certain household income levels.
None of it is a given..the class tiers are not defined and subject to interpretation.
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