College degrees significantly boost earnings, but women and minorities benefit less.
While those earning master’s, doctoral, or professional degrees still earn more during their careers than those with less education, the gap is closing, according to The College Payoff a report published today by the Georgetown University Center for Education and the Workforce.
“It’s still true that, on average, it’s better to get the higher degree; it’s better to keep climbing–but it’s less and less true,” says the center’s director, Anthony Carnevale.



