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Income difference relative to high school g<br />

Master’s degree<br />

Bachelor’s<br />

degree<br />

of specialization. Total college or In 2005, the average income for a bachelor’s<br />

CEGEP<br />

graduate in the visual and performing Earned arts was outside approximately<br />

Canada<br />

$45,000, Registered while average income for bachelor’s Earned in Canada graduates in<br />

apprenticeship<br />

engineering certificate and applied sciences was a little more than $90,000.<br />

Similar Trades differences certificate exist across disciplines for college and CEGEP<br />

or diploma<br />

graduates. The lowest earnings for college or CEGEP graduates<br />

in visual -25% and performing 0% 25% arts, education 50% and 75% social 100% sciences 125% were<br />

Source: Statistics Canada, 2006 Census<br />

around $40,000. The highest average earnings were close to $60,000,<br />

and were in engineering and related technologies. At the same time,<br />

while lower paying disciplines are still higher than the incomes of<br />

high school graduates, it is important to note that income is not the<br />

ultimate motivation for all students. Many are motivated by intrinsic<br />

values, such as the love for music or the arts.<br />

Average earnings<br />

$40,000<br />

$20,000<br />

16%<br />

14%<br />

12%<br />

Registered<br />

Trades cert<br />

10%<br />

High schoo<br />

$0<br />

25-to-34 years 35-to-44 years 45-to-54 years<br />

8%<br />

55-to-64 years<br />

6%<br />

Master's degree<br />

Registered Apprenticeship 4%<br />

certificate<br />

Total College or<br />

Bachelor's degree 2%<br />

CEGEP<br />

0%<br />

Trades certificate<br />

Earned doctorate 1990 1992 1994 1996 1998<br />

or diploma<br />

High school certificate<br />

Some secondary<br />

or equivalent<br />

University degree –<br />

Source: Statistics Canada, 2006 Census<br />

bachelor’s<br />

University graduates are far less likely than individuals with less<br />

education to experience any period of low income. From 2002 to<br />

2007, 89 percent of university graduates had not had any years with<br />

low income. This compares to fewer than 80 percent of individuals<br />

who had not completed any postsecondary studies and 83 percent<br />

of those who had competed college or trade certificates. Five percent<br />

of people who had gone beyond high school had persistent low<br />

income levels, while two percent of college or trade graduates and<br />

just 1.1 percent of university graduates had persistently low income<br />

levels lasting over a period of five or six years.<br />

University graduates are also less likely to confront labour<br />

disruptions. They have lower unemployment rates both in strong<br />

Unemployment rates by educ<br />

Source: Statistics Canada, Labour Force Su<br />

FIGURE XX: University gradu<br />

large share a income taxes an<br />

government transfers<br />

Average earnings full-time, full-year work<br />

$120,000<br />

$100,000<br />

$80,000<br />

$60,000<br />

$40,000<br />

$20,000<br />

$0<br />

FIGURE 40: The earning premium for a university graduate<br />

educated in Canada increases with age and work experience<br />

25-to-34 years<br />

Master's degree<br />

Total College or<br />

CEGEP<br />

Trades certificate<br />

or diploma<br />

35-to-44 years<br />

High school certificate<br />

or equivalent<br />

45-to-54 years<br />

Bachelor's degree<br />

Earned doctorate<br />

55-to-64 years<br />

Registered Apprenticeship<br />

certificate<br />

Average income full-time, full year work, 2005<br />

$100,000<br />

Earned doctorate<br />

Master's degree<br />

$80,000<br />

Bachelor's degree<br />

$60,000<br />

Total College or CEGEP<br />

Registered Apprenticeship $40,000 certificate<br />

Trades certificate or diploma<br />

$20,000<br />

High school certificate or equivalent<br />

$0<br />

FIGURE 41: Average income varies widely by area of specialization for<br />

graduates from Canadian postsecondary institutions<br />

% of income tax<br />

Total – Major field of study<br />

Bachelor’s income<br />

College CEGEP income<br />

Education<br />

Visual and performing arts, and<br />

communications technologies<br />

Humanities<br />

Social and behavioural<br />

sciences and law<br />

Business, management and<br />

public administration<br />

% of government transfers<br />

Physical and life sciences and<br />

technologies<br />

Mathematics, computer and<br />

information sciences<br />

% of earnings<br />

% of persons<br />

Architecture, engineering,<br />

and related technologies<br />

Agriculture, natural resources<br />

and conservation<br />

Health, parks, recreation<br />

and fitness<br />

Personal, protective and<br />

transportation services<br />

0% 10% 20<br />

Less than high schoo<br />

Some postsecondary<br />

Trades , vocatioanl, a<br />

Source: Statistics Canada, 2006 Census<br />

Source: Statistics Canada, 2006 Census<br />

AUCC<br />

Trends in Higher Education | Volume 1. Enrolment | 43

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