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As the economic rewards of education continue to increase, so too do the numbers of people in the United States with degrees and credentials.1 With an increasing number of adults returning to school and young people making choices about education, it is valuable to know more about earnings and degrees. Education often entails important choices about field of study, alternative credentials, and the time to start and complete studies beyond high school. This report explores school completion and degrees, fields of training, occupations pursued, and earnings obtained. It also examines the education and earnings of people who obtain a General Educational Development (GED) certificate, the different educational results of women and men, and trends across generations in various aspects of schooling. The report uses data collected in the Survey of Income and Program Participation (SIPP) in August through November of 1996, representing the civilian noninstitutional population of the United States.
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