This page can be used to calculate the financial difference between getting a job right out of high school vs going to 4 years of college. Suggested amounts are entered for you but you can change it to whatever you like. While it is not recommended to do a job strictly based on income, hopefully this page will give some insight to help making the choice on whether or not to go to college a little easier.
Years | Job after High School | College first, then a job after College | Difference | Running Total |
---|---|---|---|---|
1 | $20,000 | $-25,000 | $-45,000 | $-45,000 |
2 | $0 | $-25,000 | $-25,000 | $-70,000 |
3 | $0 | $-25,000 | $-25,000 | $-95,000 |
4 | $0 | $-25,000 | $-25,000 | $-120,000 |
5 | $0 | $40,000 | $40,000 | $-80,000 |
6 | $0 | $0 | $0 | $-80,000 |
7 | $0 | $0 | $0 | $-80,000 |
8 | $0 | $0 | $0 | $-80,000 |
9 | $0 | $0 | $0 | $-80,000 |
10 | $0 | $0 | $0 | $-80,000 |
11 | $0 | $0 | $0 | $-80,000 |
12 | $0 | $0 | $0 | $-80,000 |
13 | $0 | $0 | $0 | $-80,000 |
14 | $0 | $0 | $0 | $-80,000 |
15 | $0 | $0 | $0 | $-80,000 |
16 | $0 | $0 | $0 | $-80,000 |
17 | $0 | $0 | $0 | $-80,000 |
18 | $0 | $0 | $0 | $-80,000 |
19 | $0 | $0 | $0 | $-80,000 |
20 | $0 | $0 | $0 | $-80,000 |
21 | $0 | $0 | $0 | $-80,000 |
22 | $0 | $0 | $0 | $-80,000 |
23 | $0 | $0 | $0 | $-80,000 |
24 | $0 | $0 | $0 | $-80,000 |
25 | $0 | $0 | $0 | $-80,000 |
26 | $0 | $0 | $0 | $-80,000 |
27 | $0 | $0 | $0 | $-80,000 |
28 | $0 | $0 | $0 | $-80,000 |
29 | $0 | $0 | $0 | $-80,000 |
30 | $0 | $0 | $0 | $-80,000 |
31 | $0 | $0 | $0 | $-80,000 |
32 | $0 | $0 | $0 | $-80,000 |
33 | $0 | $0 | $0 | $-80,000 |
34 | $0 | $0 | $0 | $-80,000 |
35 | $0 | $0 | $0 | $-80,000 |
Total | $20,000 | $-60,000 | $-80,000 |